Dowtown Grocery with Upstairs Multi-family Units

Retail-Commercial for Sale
Catylist Listing ID: 30208535
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 7,380 SF
Gross Building Area: See Agent
Gross Land Area: 0.17 Acres
Sale Price: $229,000
Unit Price: $31.03 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/17/2018

Overview / Comments

This is a key corner at the intersection of Mississippi Blvd and Danny Thomas Blvd in the Downtown-area. There is a new, upscale housing development currently being built right across the street, and this property has a great opportunity to serve the new-neighborhood retail traffic.

Additional Details

Nearest MSA: Memphis
County: Shelby

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,311 89,732 170,991
Median Age: 31.76 37.07 35.95
Households: 5,594 38,565 70,719
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