Price Reduction
Address
5320 US 61 HWY Memphis, TN
Price
$ 250,000
Property Attributes
  • MLS#10048660
  • TypeCommercial
  • CountySHELBY
  • CityMemphis
  • AreaCoro Lake
  • NeighborhoodSNEED BROS STOP & SHOP
  • Zip38109
  • StyleFood Service, ,Retail
  • Year Built1962
  • Taxes3245
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5422
Listing Provided Courtesy Of:
Trotz Real Estate Serv., Inc.
Property Description

Listing includes real estate PLUS Highway 61 Fish Market business PLUS all furniture, fixtures and equipment. The current owner has rehabbed this building with new HVAC, new water heaters, new kitchen equipment and coolers, new electrical and all of this was done with permits taken. The larger building is currently being used as a banquet hall facility and the smaller attached building is the Highway 61 Fish Market. The outside has just been painted and there is plenty of parking front and rear.

Price History
3/25/2019 Listed $495,000
9/3/2019 21% - $395,000
6/29/2020 26% - $295,000
9/29/2020 16% - $250,000

General Features

Area 765C
Class Commercial/Industrial
Legal Subdivision Name STOP & SHOP REVISED
Listing Area Coro Lake
Miscellaneous 220 Volt Power, Fixtures, Furniture, Inside Storage, Inventory Included, Outside Lighting, Outside Storage, Pole Sign, Security System, Telephone System
Road Frontage City Street, US Highway
Roof Composition Shingles
Service Type Full Service Listing
Status Active
Status Active
Stories 1
Type Commercial
Year Built 1962
Zoning CMU-3

Interior Features

Cooling System Central Cooling, Electric Cooling
Floors Tile
Heating Central, Electric
Hot Water Electric Hot Water, Public Sewer, Well

Exterior Features

Sale Includes All Appliances, All Furnishings, Building and Land
Foundation Slab
Lot Size 0.796AC 102.0X340.0
Number of Buildings 1
Parking Facility 76 or More Spaces, Asphalt/Blacktop, Gravel
Road Frontage (ft) 105

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 38109

Price
AVG $240K
$250K
Taxes
AVG $3,694
$3,245
Visits
AVG 61
38
Year Built
AVG 1959
1962
Walkscore
AVG 32
20
Data Provided by Walkscore ® not using MLS data

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