3990 Thomas St - Storefront FOR SALE


Memphis, TN 38127- Frayser
$485,000 USD
865-216-9025
3990 Thomas St, Memphis, TN for Sale
$485,000 USD
Storefront - FOR SALE
1/8
null | Request Cap Rate

3990 Thomas St
Memphis, TN 38127
Frayser


HIGHLIGHTS

  • High-traffic location on Thomas St/Highway 51 ensures strong daily visibility.
  • Business and building sold together, own the real estate and the income stream.
  • Fully operational convenience store with loyal neighborhood customer base.
  • Plenty of parking with easy access for customers and deliveries.
  • Commercially zoned property with potential for business expansion or rebranding.

OVERVIEW

Looking to own your own business and the building it’s in? This is your chance! Located at 3990 Thomas St, Memphis, TN 38127, this fully operating convenience store is ready for its next owner. Sitting on a busy stretch of Thomas Street (Highway 51), this property gets a ton of daily traffic, making it a great spot for steady foot traffic and local customers. Whether you’re looking to expand your business portfolio or dive into running your own store, this place has solid potential. Here’s what you get: A running convenience store with loyal, local customers. The building and property included in the sale, no leasing! Easy parking and great visibility on a corner lot. A chance to grow, add food service, lottery, or other income streams. Zoned for commercial use, so you’ve got options. It’s a turnkey setup with room to grow. Whether you’re a first-time buyer or an experienced business owner, this is a smart opportunity in a high-traffic Memphis location. Let’s get you in for a look, opportunities like this don’t last long!

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Memphis Convenience Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CMU-3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Zane WilliamsCrye-Leike RealtyMore Info
865-216-9025

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Zane WilliamsCrye-Leike RealtyMore Info
865-216-9025

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