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618 N 3rd St 1,482 SF Retail Building Memphis, TN 38107 $150,000 ($101.21/SF)



INVESTMENT HIGHLIGHTS
- Corner lot & the lot beside it are sold together for one price. Robust business area, excellent location for apartments, townhomes, or any business.
EXECUTIVE SUMMARY
Conveniently located on a corner across from other businesses, these 2 for 1 lots would be perfect for apartments, townhomes, or single-family homes! This robust area is located within walking distance of St. Jude Children's Research Hospital, & Bass Pro Shops at The Pyramid. Just minutes away from downtown Memphis, The Mississippi River, Beale Street, FedExForum, The Orpheum Theatre, & Harbor Town, this location is the ideal spot for downtown living!! The property is surrounded by nicely paved alleyways & streets, has a concrete perimeter, & sidewalks on the front. All vehicles will be removed from the lots prior to closing. This lot is sold along with the lot next to it for one price, $150,000. The address to the lot next to it is: 620 N. Third St, Memphis, TN 38107, Parcel ID: 001075 00010. Only the lots are for sale. The seller is motivated. Price is negotiable.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,482 SF
Building Class
C
Year Built
1940
Price
$150,000
Price Per SF
$101.21
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
CH - Commercial
Frontage
AMENITIES
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00-1075-0-0009 | Improvements Assessment | $7,680 |
| Land Assessment | $12,880 | Total Assessment | $20,560 |
PROPERTY TAXES
Parcel Number
00-1075-0-0009
Land Assessment
$12,880
Improvements Assessment
$7,680
Total Assessment
$20,560
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618 N 3rd St
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