5123 S THIRD ST S Memphis, TN
$ 250,000
Property Attributes
  • MLS#10109114
  • TypeCommercial
  • CountySHELBY
  • CityMemphis
  • AreaCoro Lake
  • NeighborhoodGOODMAN BLK B
  • Zip38109
  • StyleOffice, ,Retail
  • Year Built1959
  • Taxes$ 5915
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Progressive Realty Services
Data Source:
Memphis MLS (MAAR) - 87 - TN
Property Description

Great development opportunity for all investors looking to invest in commercial retail property. All 3 building would be great for retail stores and/or offices. Property sits on 3.04 acres with 727' of frontage on Hwy 61.Traffic count of average 12k to the north of the property and 14k to the south.Zoning us CMU-3. The oldest building is historic (JOURNEY MOTEL COURT) that was built in 1943. NEW ROOF installed on 1st building **Motivated seller**

Price History
9/21/2021 Listed $250,000

General Features

Area 765C
City Memphis
Class Commercial/Industrial
Legal Subdivision Name GOODMAN RE BLK B
Listing Area Coro Lake
Road Frontage US Highway
Roof Other (Call LA)
Service Type Full Service Listing
Status Active
Status Active
Stories 2
Type Commercial
Year Built 1959

Interior Features

Cooling System Other (See Remarks)
Floors Other (See Remarks)
Heating Other (See Remarks)
Hot Water Other (See REMARKS)

Exterior Features

Sale Includes Building and Land
Foundation Other (Call LA)
Lot Size 710/0X521/470 +
Number of Buildings 3
Parking Facility Concrete, Gravel


  • 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 38109

AVG $240K
AVG $3,878
AVG 93
Year Built
AVG 1967
AVG 31
Data Provided by Walkscore ® not using MLS data

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