Skip To Content

5123 S Third St S

Memphis, TN 38109
  • $250,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 10109114
UPDATED: 37 min ago
$250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:
Area:

School Ratings & Info

Description

Great development opportunity for all investors looking to invest in commercial retail property. All 3 building would be great for retail stores and/or offices. Property sits on 3.04 acres with 727' of frontage on Hwy 61.Traffic count of average 12k to the north of the property and 14k to the south.Zoning us CMU-3. The oldest building is historic (JOURNEY MOTEL COURT) that was built in 1943. NEW ROOF installed on 1st building **Motivated seller**

Monthly Payment Calculator



© 2021 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryan Realty Group. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-10-15T15:03:20.577.
www.bryanrealty.com/homes/121606224
Print Image

5123 S Third St S Memphis, TN 38109

  • Price: $250,000
  • Status: Active
  • Updated: 37 min ago
  • MLS #: 10109114
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1959
Built
Neighborhood:
Goodman Blk B
County:
Shelby
Area:
Coro Lake
Property Description
Great development opportunity for all investors looking to invest in commercial retail property. All 3 building would be great for retail stores and/or offices. Property sits on 3.04 acres with 727' of frontage on Hwy 61.Traffic count of average 12k to the north of the property and 14k to the south.Zoning us CMU-3. The oldest building is historic (JOURNEY MOTEL COURT) that was built in 1943. NEW ROOF installed on 1st building **Motivated seller**
Exterior Features

Buildings 3 Location Free Standing Lot Size 710/0X521/470 + Parking Facility ConcreteGravel Road Frontage Us Highway Roof Other (Call La) Truck Loading Door Height 9-12 Feet

Interior Features

Average Ceiling Height 8-10.9 Feet Cooling System Other (See Remarks) Floors Other (See Remarks) Foundation Other (Call La) Heating System Other (See Remarks) Hot Water Other (See Remarks)

Property Features

Annual City Tax 2609 Annual County Tax 3306 Commercial Type Commercial Contingency Type No Contingency Existing Financing Clear Information Available Other (See Remarks) Legal Subdivision Name Goodman Re Blk B Lot Number 1-4 New Financing Other (Call La) Possession Lease Possession At Closing Sale Includes Building And Land Tenant Pays Other (See Remarks) Type Usage OfficeOther (See Remarks)Retail

Listing information © 2021 Memphis Area Association of REALTORS®.
Listing provided courtesy of Progressive Realty Services.



© 2021 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryan Realty Group. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-10-15T15:03:20.577.
 
https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10109114-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10109114-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10109114-2.jpg
Logo
Bryan Realty Group
1850 Poplar Crest Cove, Suite 104
Memphis TN, 38119