8963 E Shelby Dr - Churches FOR SALE


Memphis, TN 38125
$3,500,000 USD
901-362-9862
8963 E Shelby Dr, Memphis, TN for Sale
$3,500,000 USD
Churches - FOR SALE
1/4
null | Request Cap Rate

8963 E Shelby Dr
Memphis, TN 38125


OVERVIEW

The property located at 8963 East Shelby Dr. is a beautiful move in ready church ready for a large congregation. The sanctuary holds approximately 700 and is a great multiple purpose room that can be used as a fellowship hall or gym. The layout is very efficient with classrooms lining the sides of the sanctuary. With approximately 9.91 acres, the property has plenty of room for expansion. A recently renovated parsonage is also on the property. It is currently rented out as an event space used as a revenue generator.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

East Shelby Church

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

9.91 AC

LAND SF

431,680 SF

ZONING

-

APN/PARCEL ID

D0-256-0-0094C

ASK ABOUT THIS PROPERTY

Conner WalkerCushman Wakefield | Commercial Advisors, LLCMore Info
901-362-9862

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Conner WalkerCushman Wakefield | Commercial Advisors, LLCMore Info
901-362-9862

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