2956 East St - Churches FOR SALE


Memphis, TN 38128- Raleigh
$700,000 USD
901-216-3470
2956 East St, Memphis, TN for Sale
$700,000 USD
Churches - FOR SALE
1/31
null | Request Cap Rate

2956 East St
Memphis, TN 38128
Raleigh


OVERVIEW

This well-maintained, turn-key property offers exceptional flexibility for a wide range of uses with it's two buildings (2956 East St with 9,480 SF and 2946 East St with 1,907 SF). The main building features a spacious sanctuary on the first floor along with office space and restrooms. The lower level includes a fully equipped commercial kitchen, a large reception/fellowship hall with fresh paint and newly installed tile flooring, and a Preschool/Daycare area designed to accommodate up to 75 children. Recent updates include various interior improvements and a new roof, supporting long-term functionality and peace of mind. Additional parking is available across the street in a vacant lot adjacent to a convenience store. The property also includes a second building. 2946 East St (1,907 SF)... A generous two-level structure previously used as a beauty salon, offers even more potential for expansion, programming, or income-producing opportunities. This versatile campus is ready to support a wide range of organizational, educational, administrative, or community focused operations. Beautiful Multi Use Facility with Two Buildings! 2946 & 2956 East St (1,907 SF and 9,480 SF, respectively)! Ideal for Community or Organizational Purposes. Updates include various interior improvements & new roof, supporting long-term functionality and peace of mind. Price supports great maintained condition for both 2956 East St (9,480 SF) and 2946 East St (1,907 SF) Showings Appointment Only, Agent Assisted, Listing Agent for Access. NO LEASING OFFERED. PREAPPROVED BUYERS please.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

26,800 SF

ZONING

CMU-3

APN/PARCEL ID

08-5026-0-0058C,08-5026-0-0085

ASK ABOUT THIS PROPERTY

Sherry Scott-ChambersCrye-LeikeMore Info
901-216-3470

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Sherry Scott-ChambersCrye-LeikeMore Info
901-216-3470

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