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5320 S Highway 61
Memphis, TN 38109

Retail Property For Sale

Investment Highlights

  • Highway 61 Fish Market business included
  • All equipment and furnishings included
  • Large front parking lot plus large fenced rear graveled yard
  • Recently rehabbed with permits taken
  • Large banquet hall plus fish market business included
  • Excellent opportunity to acquire Real Estate plus business plus equipment in like new condition

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bar
Building Size
5,422 SF
Building Class
C
Year Built/Renovated
1970/2018
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.12
Lot Size
1.00 AC
Zoning
C-1
Parking
15 Spaces (2.57 Spaces per 1,000 SF Leased)
Frontage
75 FT on Us-61 Hwy

Amenities

  • Pylon Sign
  • Signage

About 5320 S Highway 61 , Memphis, TN 38109

Excellent opportunity to acquire a nice property along with a going concern business with all of the equipment (Highway 61 Fish Market), a banquet hall with all furniture and fixtures, all of which has been thoroughly rehabbed with new electrical, new HVAC and ducts, new water heaters, new plumbing, new paint, new lighting, new food equipment (includes coolers , vent hood with fire suppression, fryer plus more), new stainless steel bar, new furniture, new paint, new, new, new, etc.!! Located on Highway 61 S (S Third Street), this property benefits from being located on a major highway and is easy to find. The owner took out permits for the work and all you have to do is move right in as all equipment and furnishings are a part of the sale. There is a large front parking lot and a large fenced rear yard (with security gate), which provides excellent parking, and there is a sign in front providing excellent exposure. The inside and outside are covered by a surveillance system with a total of 13 cameras. This is a rare offering that includes real estate, equipment and a fish market business to go along with a banquet hall opportunity. You can close on this property one day and be in business the same day or next.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-2050-0-0033C
Land Assessment
$24,280
Improvements Assessment
$19,880
Total Assessment
$44,160
  • Listing ID: 15517009

  • Date on Market: 3/22/2019

  • Last Updated:

  • Address: 5320 S Highway 61, Memphis, TN 38109

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