Address
4040 N WATKINS ST Memphis, TN
Price
$ 850,000
Property Attributes
  • MLS#10113023
  • TypeCommercial
  • CountySHELBY
  • CityMemphis
  • AreaFrayser - North
  • NeighborhoodOVERTON
  • Zip38127
  • StyleRetail,Office,Food Service,Special Purpose
  • Year Built1986
  • Taxes$ 11257
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13400
Listing Provided Courtesy Of:
Coldwell Banker Collins-Maury
Data Source:
Memphis MLS (MAAR) - 87 - TN
Property Description

Fantastic property with lots of potential. 5 retail spaces in the main building, one large shop in the rear of the property. Renovated in 2018 and has had ongoing maintainance and improvements. Fully equipped restaurant. Equipment COULD be included in the sale depending on the offer. Lots of good features. The sale includes another lot where a Cellphone towers sits. The lease will be renewed for another 20 years. Great for owner occupied or investor. AS-IS SELLING DUE TO HEALTH REASONS.

Price History
11/19/2021 Listed $850,000

General Features

Area 725A
City Memphis
Class Commercial/Industrial
Legal Subdivision Name OVERTON UNREC
Listing Area Frayser - North
Miscellaneous Security System, 220 Volt Power
Road Frontage City Street
Roof Flat
Service Type Full Service Listing
Status Active
Status Active
Stories 1
Type Commercial
Year Built 1986
Zoning CMU-1

Interior Features

Cooling System Central Cooling, 220 Wiring
Floors Vinyl, Partial Carpet
Heating Central, Gas
Hot Water Gas Hot Water, Public Water, Public Sewer

Exterior Features

Sale Includes Building and Land, Some Furnishings, Some Equipment, Some Appliances, Signage
Foundation Slab, Storage Area
Lot Size 4.078AC
Number of Buildings 2
Parking Facility Asphalt/Blacktop, 31-75 Spaces
Road Frontage (ft) 208

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 38127

Price
AVG $440K
$850K
Taxes
AVG $5,663
$11,257
Visits
AVG 105
7
Year Built
AVG 1974
1986
Walkscore
AVG 36
22
Data Provided by Walkscore ® not using MLS data

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