Address
2505 SUMMER AVE Memphis, TN
Price
$ 300,000
Property Attributes
  • MLS#10078460
  • TypeCommercial
  • CountySHELBY
  • CityMemphis
  • AreaOverton Park
  • NeighborhoodHAMMOND COURT
  • Zip38112
  • StyleAuto Service
  • Year Built1961
  • Taxes7646
  • Price$ 300,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
Listing Provided Courtesy Of:
REMAX Experts, LLC
Property Description

Almost 1 Acre Multi-Use Lot ~ Prime Location on Summer Ave ~ Currently Used Car Lot + Auto Service Garage ~ Primary Building is Around 1000-1200 Sq Ft ~ Around 6000 Sq Ft of Garage ~ 3 Automatic Lifts & Semi Downdraft Heated Spray Booth Remain ~ $26K/Month in Notes Avail For Purchase ~ Business Doc's Avail Upon Request ~ N of Broad ~ Private Road Access ~ There's A Lot of Value Here

Price History
6/12/2020 Listed $350,000
7/15/2020 8% - $325,000
7/22/2020 4% - $315,000
8/17/2020 5% - $300,000

General Features

Area 744I
Class Commercial/Industrial
Legal Subdivision Name HAMMOND COURT
Listing Area Overton Park
Miscellaneous Display Window(s), Fenced, Fixtures, Furniture, Inside Storage, Inventory Included, Outside Lighting, Outside Storage, Pole Sign, Rest Rooms, Security System
Road Frontage City Street, Private
Roof Metal
Service Type Full Service Listing
Status Active
Status Active
Stories 1
Type Commercial
Year Built 1961
Zoning CMU-1

Interior Features

Cooling System Central Cooling
Floors Other (See Remarks)
Heating Central
Hot Water Public Sewer, Public Water
Offices 3
Restrooms 3

Exterior Features

Sale Includes All Appliances, Building and Land, Signage, Some Equipment, Some Furnishings
Foundation Slab
Lot Size 99 X 430.35 IRR
Number of Buildings 3
Parking Facility Asphalt/Blacktop, Enclosed, Gravel, Secured

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 38112

Price
AVG $620K
$300K
Taxes
AVG $9,075
$7,646
Visits
AVG 22
26
Year Built
AVG 1943
1961
Walkscore
AVG 48
57
Data Provided by Walkscore ® not using MLS data

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