829 Mt Moriah Rd - Freestanding FOR SALE


Memphis, TN 38117- Audubon Park
$429,900 USD
901-722-5666
829 Mt Moriah Rd, Memphis, TN for Sale
$429,900 USD
Freestanding - FOR SALE
1/31
null | 10.47% Cap Rate

829 Mt Moriah Rd
Memphis, TN 38117
Audubon Park


HIGHLIGHTS

  • Heavy daytime, traffic and visibility
  • New Air Condition and HVAC system with new bathrooms

OVERVIEW

Exceptional 1,570 SF single-level commercial property ideally situated in the heart of East Memphis, right off the highly traveled Poplar Avenue and Mendenhall Road corridor. Located directly opposite the Eastgate Shopping Center and just steps from iconic local staples like Gibson’s Donuts, this property benefits from high foot traffic, outstanding visibility, and a premier surrounding retail and dining landscape. *Flexible Investment or Owner-User Potential: Currently operating as an active spa generating $3,750/month in income ($45,000 annually), presenting an incredible turnkey opportunity for an investor or a business owner looking to occupy. *Fully Conditioned Space: 1,570 SF of heated and air-conditioned space thoughtfully laid out for service, wellness, office, or boutique retail use. *Unbeatable Location: Surrounded by high-end retail, fine dining, and established commercial hubs in one of Memphis's most sought-after business districts.

FOR SALE DETAILS

PRICE

$429,900 USD

PRICE/SF

$274 USD /SF

CAP RATE

10.47%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

O-G

APN/PARCEL ID

06-5050-0-0017

ASK ABOUT THIS PROPERTY

Peter NandwaniNandwani’s LLCMore Info
901-722-5666

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Peter NandwaniNandwani’s LLCMore Info
901-722-5666

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