630 E Raines Rd | Memphis, TN 38109
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630 E Raines Rd
Memphis, TN 38109
Retail Property For Sale
Investment Highlights
- Dine in and takeout restaurant
- Ample parking space
- Drive through window
Executive Summary
Prime Investment Opportunity . Don't miss your opportunity to snag this money-making commercial gem featuring spacious eat in dining, commodious kitchen, secured over-the-counter ordering window, 2 bathrooms for customer convenience, central heat and air, luxury drive through for speed of service and profitability, surrounded with ample parking space, and extra land for expansion. This property is a goldmine, would be excellent for a convenient store, neighborhood coffee shop or fast-food eatery.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,440 SF
Building Class
C
Year Built
1963
Price
$549,000
Price Per SF
$381
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.66 AC
Zoning
CMU-1 - Commercial Mixed Use-1
Parking
40 Spaces (27.78 Spaces per 1,000 SF Leased)
Frontage
143 FT on Raines Rd
Amenities
- Bus Line
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 07-6013-0-0065 | Improvements Assessment | $45,440 |
| Land Assessment | $19,080 | Total Assessment | $64,520 |
PROPERTY TAXES
Parcel Number
07-6013-0-0065
Land Assessment
$19,080
Improvements Assessment
$45,440
Total Assessment
$64,520
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