5149 Wheelis Dr - Freestanding FOR SALE


Memphis, TN 38117- White Station
$1,200,000 USD
901-550-6165
5149 Wheelis Dr, Memphis, TN for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

5149 Wheelis Dr
Memphis, TN 38117
White Station


HIGHLIGHTS

  • Zoned CMU-1 (Commercial Mixed Use), Suitable for retail, office, medical, salon, or professional service users
  • Excellent East Memphis location near Poplar Avenue and I-240
  • Ample on-site parking
  • Beautiful, full width entry room
  • Second floor suitable for office use or residential
  • Strong demographics and established surrounding neighborhoods

OVERVIEW

Freestanding commercial building in the heart of East Memphis, ideal for an owner-user or investor. The property is zoned CMU-1 (Commercial Mixed Use), allowing for a variety of retail, office, medical, and personal service uses. Conveniently located just off Poplar Avenue with excellent access to I-240 and surrounded by established residential neighborhoods and commercial development.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

CMU-1

APN/PARCEL ID

05-6034-0-0004

ASK ABOUT THIS PROPERTY

Adam LightmanMichael Lightman RealtyMore Info
901-550-6165

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Adam LightmanMichael Lightman RealtyMore Info
901-550-6165

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