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538 S Center St 2,523 SF Office Building Collierville, TN 38017 $599,000 ($237.42/SF)

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EXECUTIVE SUMMARY

Commercial property, built in 1982, fully sprinkled, located in Shelby County, Collierville, TN, for sale. Property is located off of Highway 72 and just minutes from Poplar Avenue and the I-385 intersection with easy access to Shelby, Fayette, and DeSoto counties. Ingress/egress from both Center Street and Starlight with 12 parking spaces on site.
Property is zoned General Commercial and offers a very large corner lot, with approximate dimensions of 121' along Center x 251' along Starlight and includes a possible expansion area in rear yard along Starlight. GC Current zoning allows for live/work environment in existing property. If property is subdivided, the new vacant lot would carry the Neighborhood Commercial zoning, which would also include the ability to build duplex residential units. GC zoning is extremely broad and allows for many office, retail, and other uses.
First floor offers reception, 5 treatment areas, small break area, laundry area, restroom, and more. Unique geometric design brings lots of natural light into facility.
Second floor is currently private living area with combination living and dining area, two bedrooms, spacious restroom and laundry area. Entire premises have recently been painted for a fresh new appearance.
Property underwent extensive renovations of over $266,000 in 2023 including roof, windows, HVAC, fire protection, gutters, fencing, landscaping and drainage, and much more.
Property is currently occupied with dog grooming and dog and cat boarding business.
Shown by appointment only.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) 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
Office
Building Size
2,523 SF
Building Class
C
Year Built
1982
Price
$599,000
Price Per SF
$237.42
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,523 SF
Building FAR
0.08
Lot Size
0.75 AC
Zoning
GC - General Commercial
Parking
20 Spaces (7.93 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C0-244-A-00042
Land Assessment
$49,680
Improvements Assessment
$28,640
Total Assessment
$78,320
  • Listing ID: 37706504

  • Date on Market: 9/17/2025

  • Last Updated:

  • Address: 538 S Center St, Collierville, TN 38017

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