1293 Lamar Ave - Residential Income FOR SALE


Memphis, TN 38104- Midtown Memphis
$1,200,000 USD
901-490-9003
1293 Lamar Ave, Memphis, TN for Sale
$1,200,000 USD
Residential Income - FOR SALE
1/4
null | Request Cap Rate

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1293 Lamar Ave
Memphis, TN 38104
Midtown Memphis


OVERVIEW

Prime commercial location on highly visible Lamar Avenue! This unique offering includes an older duplex fronting Lamar Avenue plus two adjoining parcels currently utilized as a church and meeting facility. The combined properties provide excellent visibility, multiple-use potential, ample space for parking and expansion, and outstanding redevelopment opportunities along one of Memphis’ major commercial corridors. Ideal for religious, community, office, educational, commercial, or investment purposes. Conveniently located near Downtown Memphis, Memphis International Airport, and major transportation routes. Property sold as-is, where-is. Buyer to verify all information. Additional Pictures will be entered soon. 2 additional parcels are included with the sale: Parcel ID's - 015011 00014 & 015011 00013

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$690 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,542 SF

ZONING

COMMERCIAL

APN/PARCEL ID

01-5011-0-0012

ASK ABOUT THIS PROPERTY

Dawn KinardWelch Realty, LLCMore Info
901-490-9003

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Dawn KinardWelch Realty, LLCMore Info
901-490-9003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.