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1557 Cherry Rd 1,743 SF Retail Building Memphis, TN 38111 For Sale
Executive Summary
4 parcel for sale. First building "A" at 1575 Cherry Road with 3,725 square foot building, was built in 1956 and is currently used for storage. Approximately .81 acres +/-. CMU-1 zoning. Next is 1567 Cherry Rd (Building "B"), a former auto shop/service station. Currently used for storage. The building was built in 1955 and contains approximately 1,376 square foot on a .425 acres +/-. CMU-1 zoning. The next building is 1557 Cherry Road, Building "D", is used as the owner's central sales office and design studio. This is an excellent meeting spot for clients and designers while coordinating dispatch of delivery trucks, etc. This building was built in 1972 and contains approximately 960 square foot on an approximately .51 acre +/- . The building "C", at 1541 Cherry Road was built in 1977, contains approximately 7,528 square foot of space. About 50% of the building is set up as office space with a front entrance/lobby and private offices, conference room, etc. The building features a rear shop and or garage space with tow grade level doors. Approximately is 1.23 acres +/- all 4 buildings!, priced at $1.1 Million.
1541 Cherry Rd "C"
1541 Cherry Rd "C"
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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-
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,743 SF
Building Class
C
Year Built
1972
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.51 AC
Zoning
CMU1
Frontage
449’ on Cherry Rd
Amenities
- Bus Line
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-8155-0-0142 | Improvements Assessment | $6,840 (2025) |
| Land Assessment | $23,240 (2025) | Total Assessment | $30,080 (2025) |
Property Taxes
Parcel Number
05-8155-0-0142
Land Assessment
$23,240 (2025)
Improvements Assessment
$6,840 (2025)
Total Assessment
$30,080 (2025)
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1557 Cherry Rd
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