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3241-3261 S 3rd St
Memphis, TN 38109
 Retail Property For Sale

Storefront Properties Tennessee Memphis 3241-3261 S 3rd St, Memphis, TN 38109

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Investment Highlights

  • Located in a high traffic area.
  • Large Sq Ft opportunity enabling a multitude of development opportunities.
  • Corner Lot promotes high visibility off of Hwy-14.

Executive Summary

95% Occupied Retail Strip Center, Anchored by Pro Beauty Supply and a C-Store

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
22,140 SF
Building Class
C
Year Built
1972
Price
$1,300,000
Price Per SF
$58.72
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
1.56 AC
Zoning
CMU-3 - Commercial
Parking
34 Spaces (2.71 Spaces per 1,000 SF Leased)
Frontage
379’ on S 3rd St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Property Taxes

Parcel Number 07-5069-0-0013C Improvements Assessment $220,880
Land Assessment $89,400 Total Assessment $310,280

Property Taxes

Parcel Number
07-5069-0-0013C
Land Assessment
$89,400
Improvements Assessment
$220,880
Total Assessment
$310,280
 

  • Listing ID: 26561801

  • Date on Market: 9/5/2022

  • Last Updated:

  • Address: 3241-3261 S 3rd St, Memphis, TN 38109

More public record information on 3241-3261 S 3rd St, Memphis, TN 38109

The Westwood Retail Property at 3241-3261 S 3rd St, Memphis, TN 38109 is currently available. Contact Urban CRE,LLC for more information.

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