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Automotive Facility 1567 Cherry Rd 1,376 SF Industrial Building Memphis, TN 38117 $199,000 ($144.62/SF)



EXECUTIVE SUMMARY
CRYE-LEIKE COMMERCIAL is pleased to present for sale an East Memphis, value-add, automotive repair facility. Built in 1956, this building is approximately 1,376 square feet and sits on a site that is approximately .42 acres +/-. The adjacent building is also for sale and can be combined with this opportunity. This is a perfect place for an automotive company looking to breathe new life into a rare East Memphis gem. Lots of versatility and potential upside. Seller financing potential! Contact us today.
PROPERTY FACTS
| Price | $199,000 | Lot Size | 0.42 AC |
| Price Per SF | $144.62 | Rentable Building Area | 1,376 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1956 |
| Building Class | B | ||
| Zoning | CMU1 | ||
| Price | $199,000 |
| Price Per SF | $144.62 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 0.42 AC |
| Rentable Building Area | 1,376 SF |
| No. Stories | 1 |
| Year Built | 1956 |
| Zoning | CMU1 |
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PROPERTY TAXES
| Parcel Number | 05-8155-0-0097C | Improvements Assessment | $7,760 |
| Land Assessment | $18,600 | Total Assessment | $26,360 |
PROPERTY TAXES
Parcel Number
05-8155-0-0097C
Land Assessment
$18,600
Improvements Assessment
$7,760
Total Assessment
$26,360
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Automotive Facility | 1567 Cherry Rd
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