901-337-1020
1557 Cherry Rd, Memphis, TN for Sale
Freestanding - FOR SALE
1/8
null | Request Cap Rate

1557 Cherry Rd
Memphis, TN 38111
Audubon Park


OVERVIEW

4 parcel for sale. First building "A" at 1575 Cherry Road with 3,725 square foot building, was built in 1956 and is currently used for storage. Approximately .81 acres +/-. CMU-1 zoning. Next is 1567 Cherry Rd (Building "B"), a former auto shop/service station. Currently used for storage. The building was built in 1955 and contains approximately 1,376 square foot on a .425 acres +/-. CMU-1 zoning. The next building is 1557 Cherry Road, Building "D", is used as the owner's central sales office and design studio. This is an excellent meeting spot for clients and designers while coordinating dispatch of delivery trucks, etc. This building was built in 1972 and contains approximately 960 square foot on an approximately .51 acre +/- . The building "C", at 1541 Cherry Road was built in 1977, contains approximately 7,528 square foot of space. About 50% of the building is set up as office space with a front entrance/lobby and private offices, conference room, etc. The building features a rear shop and or garage space with tow grade level doors. Approximately is 1.23 acres +/- all 4 buildings!, priced at $1.1 Million. 1541 Cherry Rd "C"

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,385 SF

ZONING

CMU1

APN/PARCEL ID

05-8155-0-0142

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Saeed NiaCrye-Leike CommercialMore Info
901-337-1020

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Saeed NiaCrye-Leike CommercialMore Info
901-337-1020

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