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4112 Summer Ave

Memphis, TN 38122
  • $2,598,900
  • STATUS: Active
  • ON SITE: 171 Days
  • ID#: 10145507
UPDATED: 67 min ago
$2,598,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

Rare Opportunity to acquire prime, strategically located commercial property on the retail corridor of booming and growing Summer Ave. This versatile investment includes a total of four adjoined parcels with two free-standing building structures (one leased to a national tenant and one owner used), and vacant, flat and buildable land (the only in-fill tract left on Summer Ave.). This jewel has 340 ft of road frontage and is perfect for almost any development, cashflow or hold purposes.

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© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dwell Real Estate Group. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-09-29T22:03:14.057.
www.itsdwell.com/homes/138410238
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4112 Summer Ave Memphis, TN 38122

  • Price: $2,598,900
  • Status: Active
  • On Site: 171 Days
  • Updated: 67 min ago
  • ID#: 10145507
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Mcdonald
County:
Shelby
Area:
Kingsbury
Property Description
Rare Opportunity to acquire prime, strategically located commercial property on the retail corridor of booming and growing Summer Ave. This versatile investment includes a total of four adjoined parcels with two free-standing building structures (one leased to a national tenant and one owner used), and vacant, flat and buildable land (the only in-fill tract left on Summer Ave.). This jewel has 340 ft of road frontage and is perfect for almost any development, cashflow or hold purposes.
Exterior Features

Buildings 2 Location CityFree Standing Lot Size 280 X 205.1 Parking Facility Asphalt/BlacktopConcreteCovered Road Frontage City StreetUs Highway Roof Composition Shingles Truck Loading Door Height No Truck Door

Interior Features

Average Ceiling Height 8-10.9 Feet Cooling System Central Cooling Floors TileW/W Carpet Foundation Slab Heating System CentralGas Hot Water Individual System

Property Features

Annual City Tax 4413 Annual County Tax 5538 Commercial Type Commercial Contingency Type No Contingency Existing Financing Conventional Fixed Information Available Tax Info Available Legal Subdivision Name Mcdonald Pd Lot Number Pt 23 New Financing Cash OnlyConventionalExchange Possession Lease Possession At Closing Sale Includes All FurnishingsBuilding And Land Tenant Pays All UtilitiesFire InsuranceTaxes Trade Business Name Independence Realty Type Usage Auto ServiceBuilding Trade/SuppliesFood ServiceFranchiseMedicalMini StorageOfficeOffice CondoRetailSpecial Purpose

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Independence Realty&Investment: 662-985-0796.



© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dwell Real Estate Group. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-09-29T22:03:14.057.
 
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Dwell Real Estate Group
8596 Farmington Blvd, Suite 1
Germantown TN, 38139