Retail, Restaurant, Coffee Shop Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30018258
Property Subtypes: Restaurant, Street Retail
Building Size (RSF): 10,184 SF
Gross Building Area: See Agent
Sale Price: $327,000
Unit Price: $32.11 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2017

Overview / Comments

CRYE-LEIKE COMMERCIAL is pleased to present a stunning retail/commercial opportunity ready for your business and future development dreams. The offering includes two buildings offered as a package.

43 Main Street is a hipster coffee/restaurant facility recently renovated with top-to-bottom reclaimed materials. Customers will enjoy visiting this location just to experience the atmosphere created by the rough barn board walls, antique lightbulbs and stained concrete flooring. Generously-sized men's and women's restrooms are located at the rear of the building.

65 Main Street is a former bank branch built in 1905 featuring a combination of beautifully renovated office space as well as former bank lobby and office spaces in shell condition.

Additional Details

Nearest MSA: Memphis
County: Fayette
Submarket Type: Redevelopment District
Retail Clientele: General, Family, Business
Property Visibility: Good
Largest Nearby Street: HWY 193
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Average
Year Built: 1905
Year Renovated: 2013
Parking Type: Structure
Parking Description: Street parking
Air Conditioning: Package Unit
Zoning Description: B3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,387 7,617 13,374
Median Age: 37.72 35.22 39.26
Households: 535 2,858 4,986
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