Former Oriental Market & Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30351420
Property Subtypes: Convenience Store, Mixed Use
Building Status: Proposed
Building Size (RSF): 12,285 SF
Gross Land Area: 0.45 SF
Sale Price: $290,000
Unit Price: $23.61 PSF
Property Use Type: Vacant/Owner-User
Building Name: Oriental Market & Restaurant
Usable Size (USF): 12,285 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2019

Overview / Comments

Former Asian Grocery Store and Restaurant. Close to 13,000sf on 1/2 acre lot immediately off Highway 40 in the north side of Memphis. Much of the equipment used for the restaurant and market is still there. Priced to move quickly, this unique building can be used for many purposes.

Additional Details

Nearest MSA: Memphis
County: Shelby
Taxing Authority: Memphis City
Tax ID/APN: 070089 00006C
Zoning: COMMERCIAL- CL
Retail Clientele: General
Property Located Between: Not Watkins Street and Overton Crossing.
Property Visibility: Good
Largest Nearby Street: Highway 40
Traffic/Vehicle Count: 16,505
Highway Access: Immediate access to Highway 40 East/West
Airports: Memphis International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1972

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,227 80,300 195,141
Median Age: 28.36 33.11 33.09
Households: 1,510 30,419 77,768
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