Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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

Save this listing!

Favorite this listing to get notified of price updates, new media and more

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
Auto Repair
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
137’ on 3rd St

AMENITIES

  • Bus Line
  • Signage

NEARBY MAJOR RETAILERS

Starbucks
Regions Bank
Truist
Lookout At Pyramid
First Horizon Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-1075-0-0009
Land Assessment
$12,880
Improvements Assessment
$7,680
Total Assessment
$20,560
  • Listing ID: 34920021

  • Date on Market: 2/23/2025

  • Last Updated:

  • Address: 618 N 3rd St, Memphis, TN 38107

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}