3441-3447 Jackson Ave - Storefront Retail/Office FOR SALE


Memphis, TN 38122- Berclair
$250,000 USD
901-351-5595
3441-3447 Jackson Ave, Memphis, TN for Sale
$250,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | Request Cap Rate

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3441-3447 Jackson Ave
Memphis, TN 38122
Berclair


OVERVIEW

Retail Shopping Center for Sale | Investment Opportunity Excellent opportunity to acquire a neighborhood retail shopping center located at 3441 Jackson Ave, Memphis, TN. This 11,652-square-foot property sits on approximately 0.73 acres and consists of two retail buildings with strong frontage along Jackson Avenue. The property is being offered as-is for $250,000 and currently generates $3,010 per month in rental income while featuring one vacant unit, providing immediate upside for an investor or owner-user. The vacant space offers flexibility for additional rental income or owner occupancy. With its high-visibility location, existing cash flow, and value-add potential through lease-up and improvements, this property presents an attractive investment opportunity in the Memphis retail market. 11,652 SF neighborhood retail center featuring one vacant unit ready for occupancy and an existing tenant generating $3,010/month in rental income. Offered as-is, this property presents an excellent opportunity for investors or owner-users seeking upside through lease-up and repositioning. 11,652 SF retail shopping center One vacant unit available for owner-user or new tenant Existing rental income of $3,010 per month Offered in as-is condition Two-building retail property Zoned CMU-3 High-traffic Jackson Avenue location Value-add investment with leasing upside

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$24 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

CROSS STREETS

Kallaher Ave

LAND ACRES

0.73 AC

LAND SF

31,668 SF

ZONING

CH

APN/PARCEL ID

04-3053-0-0001

ASK ABOUT THIS PROPERTY

Melanie Myers BlandMyers Commercial Real EstateMore Info
901-351-5595

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Melanie Myers BlandMyers Commercial Real EstateMore Info
901-351-5595

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