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717 E Raines Rd
Memphis, TN 38116
E Raines Salon/Redevelopment Opportunity · Retail Property For Sale

Investment Highlights

  • 20 + Parking Space
  • Paved Driveway and Parking
  • 1/2 Fenced Lot
  • Roof Less Than 5 Years Old

Executive Summary

Property for Sale: Versatile Salon Space with Prime Potential
This incredible commercial property is an excellent opportunity for entrepreneurs or investors looking for a versatile space in a thriving area. Currently operating as a salon, this well-maintained site offers 10+ dedicated parking spaces, making it ideal for businesses requiring easy client access.
Key Features:
New Roof: Recently installed, offering peace of mind for years to come.
Central Heat & Air: Modern climate control ensures year-round comfort.
Fully Fenced Lot: Adds security and privacy, perfect for enhancing curb appeal or creating an inviting outdoor atmosphere.
Ample Outdoor Space: Whether continuing as a salon or converting the property, the space lends itself perfectly for an outdoor seating area—ideal for a small restaurant or café looking to offer a unique dining experience.
The flexibility of this property makes it a dream for various professional service businesses as well. From medical offices to law firms or financial services, the layout and amenities will allow for smooth customization to suit your business needs.
Don’t miss out on the chance to make this property yours and take advantage of its potential! Contact us today for a private showing.

Property Facts

Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,612 SF
Building Class
C
Year Built/Renovated
1951/2020
Price
$150,000
Price Per SF
$93.05
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
R-10 - Commercial Use by Zoning Board Approval
Parking
8 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
75’ on E Raines Road

Amenities

  • Fenced Lot
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
07-7037-0-0004
Land Assessment
$18,000
Improvements Assessment
$33,160
Total Assessment
$51,160
  • Listing ID: 34244821

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 717 E Raines Rd, Memphis, TN 38116

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