REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 650,000
Est. payment /mo
New
2713 LAMAR AVE Memphis, TN 38114
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision La Belle Heights Blk 89
MLS Listing ID 10234002
Year Built 1948
Annual Tax Amount $8,187
Property Sub-Type Commercial
Property Description
Excellent investment opportunity along the Lamar Avenue commercial corridor! This multi-tenant neighborhood retail strip center offers approximately 10,948 SF on a 0.57-acre lot with 23 parking spaces. The property features four occupied storefronts generating existing rental income and two vacant spaces offering additional income potential. Established businesses include restaurant, retail, and automotive service tenants. One vacant space is equipped for a beauty or nail salon, while the other offers flexibility for a new tenant's custom buildout. Conveniently located with high visibility and access to major Memphis thoroughfares. Ideal for investors seeking an income-producing commercial property with value-add and lease-up opportunities. Offered at $650,000. PLEASE DO NOT DISTURB TENANTS OR BUSINESS OPERATIONS. Contact the listing agent for additional information.
Location
State TN
County Shelby
Area Pendleton/Park
Zoning CMU-3
Interior
Heating Central
Cooling Central Cooling
Flooring Parquet Floor
Inclusions Building and Land
Exterior
Parking Features Asphalt/Blacktop
Roof Type Flat
Building
Story 1
Foundation Slab
Water Electric Hot Water
Listed by Erica L Johnson • Keller Williams