2207 S 3rd St
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2207 S 3rd St
3,885 SF Retail Building Memphis, TN 38109 $249,900 ($64.32/SF)
INVESTMENT HIGHLIGHTS
- Approx. 1/2 ac of parking lot.
- Busy intersection
- Conveniently located just N of I-55
EXECUTIVE SUMMARY
Excellent opportunity to acquire this solid building which is currently owned and operated by Auto Plan Insurance. As a former bank building, it contains a full safe room along with the original bank teller windows and a drive thru window.
Great location on the NW corner of S. Third and Mallory. Approx.1/2 mile North of I-55.
Great location on the NW corner of S. Third and Mallory. Approx.1/2 mile North of I-55.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
3,885 SF
Building Class
C
Year Built
1953
Price
$249,900
Price Per SF
$64.32
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.56 AC
Zoning
CMU-3 - Mixed commercial
Parking
20 Spaces (5.15 Spaces per 1,000 SF Leased)
Frontage
103’ on 3rd St
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 05-0074-0-0007C | Improvements Assessment | $35,280 |
| Land Assessment | $23,320 | Total Assessment | $58,600 |
PROPERTY TAXES
Parcel Number
05-0074-0-0007C
Land Assessment
$23,320
Improvements Assessment
$35,280
Total Assessment
$58,600
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2207 S 3rd St
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