4825 Poplar Ave - Storefront Retail/Office FOR SALE


Memphis, TN 38117- Audubon Park
$325,000 USD
901-878-2112
4825 Poplar Ave, Memphis, TN for Sale
$325,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | Request Cap Rate

4825 Poplar Ave
Memphis, TN 38117
Audubon Park


HIGHLIGHTS

  • Prominent frontage along Poplar Avenue in East Memphis.
  • CMU-3 zoning supports a variety of commercial and office uses.
  • Existing tenant provides in-place income at closing.
  • Occupancy available in approximately 30 days.
  • Quick access to Interstate 240 and regional destinations.
  • Surrounded by established retail, office, and service businesses.

OVERVIEW

4825 Poplar Avenue presents an owner-user and investment opportunity along one of Memphis' most established commercial corridors. Positioned on Poplar Avenue in East Memphis, the property benefits from frontage on a heavily traveled arterial surrounded by a concentration of retail, office, dining, and service-oriented businesses. Nearby commercial anchors include Audubon Place, White Station Commons, White Station Plaza, Eastgate Center, and Poplar Commons, while major employers and office towers contribute to consistent daytime activity throughout the corridor. The property contains a 2,128-square-foot commercial building and is zoned CMU-3, allowing for a broad range of commercial, office, and employment-oriented uses. A month-to-month tenant currently occupies the property, providing in-place income while preserving flexibility for a future owner. According to the offering materials, a buyer may be able to occupy the property in approximately 30 days, continue leasing the asset for income, adjust rents, or pursue a longer-term repositioning strategy. The seller has indicated that on-site parking will be leased to the buyer. Location advantages include quick access to Interstate 240, proximity to the University of Memphis and White Station High School, and convenient connections to Downtown Memphis and Memphis International Airport. These accessibility features, combined with the corridor's established business presence and traffic volumes, support a variety of commercial ownership and investment objectives.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CMU-3

APN/PARCEL ID

05-6006-0-0002,056006 00002

ASK ABOUT THIS PROPERTY

Noah GrayGray Realty PartnersMore Info
901-878-2112

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Noah GrayGray Realty PartnersMore Info
901-878-2112

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