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Memphis, TN Grocery And Convenience Stores for Sale

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Southaven, MS Olive Branch, MS Horn Lake, MS Walls, MS Lake, MS Nesbit, MS Piperton, TN Lake Cormorant, MS
11 properties
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Convenience Store
Updated: Aug 14
Convenience Store

2966 CARNES Ave, Memphis, TN 38111

$425,000
Convenience‑store property at 2966 CARNES Ave, Memphis, TN 38111
Building constructed in 1924
Property offered in as‑is condition
Seller will make no repairs
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Grocery Convenience Store with Full Fencing
Updated: Jul 27
Grocery Convenience Store with Full Fencing

600 S Pkwy E, Memphis, TN 38106

Contact for pricing
1,979 sqft 0.39 AC lot
2,300 SF grocery and convenience store
0.39‑acre site
Fully fenced property
Current tenant: Don’s South Memphis Market
Lease expiration 12/31/25; will renew
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Vacant Convenience Store
Vacant Convenience Store

3193 S Mendenhall Rd, Memphis, TN 38115

Contact for pricing
6,082 sqft

Convenience-store space offered vacant alongside an adjoining hookah shop that will remain in place.

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See what stands out in Shelby County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
New Construction Gas Station
New Construction Gas Station

3011 S Third St, Memphis, TN 38109

Contact for pricing
2,440 sqft

Brand-new fuel station combining convenience retail, hot food service, and multiple fueling positions.

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Grocery Convenience Store with Full Kitchen
Grocery Convenience Store with Full Kitchen

1717 Castalia St, Memphis, TN 38114

Contact for pricing
5,100 sqft

Storefront includes a full kitchen and refrigeration, with a roof installed about two years ago.

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Truck Stop Development with Retail Bays
Truck Stop Development with Retail Bays

4305 E Holmes Rd, Memphis, TN 38118

Contact for pricing
100,000 sqft

Planned truck stop combining a fuel and convenience operation with four additional retail bays.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Vacant Convenience Store Building
Vacant Convenience Store Building

2095 Kansas St, Memphis, TN 38109

Contact for pricing
2,007 sqft

Vacant retail building with commercial kitchen equipment, refrigeration, shelving, and point-of-sale fixtures in place.

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Kroger-Anchored Shopping Center
Kroger-Anchored Shopping Center

4270 Summer Ave, Memphis, TN 38122

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Multi-anchor retail center with established tenants and access to major Memphis-area employment centers.

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Neighborhood Grocery Market
Neighborhood Grocery Market

385 Scott St, Memphis, TN 38112

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Two connected commercial spaces include store equipment and inventory, with two month-to-month tenant arrangements.

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Family Dollar NNN Property
Family Dollar NNN Property

287 N Cleveland St, Memphis, TN 38104

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Family Dollar occupies the site under a recently extended NNN lease.

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Danny’s Market Convenience Store
Danny’s Market Convenience Store

296 Chelsea Ave, Memphis, TN 38107

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The operating store occupies a nearly one-acre corner lot.

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Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 11 Active listings in Memphis, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Vacant Grocery Store Building
Vacant Grocery Store Building

115 S Falls Blvd, Wynne, AR 72396

$525,000
8,890 sqft 0.60 AC lot

Open, unsubdivided commercial space with concrete flooring and a pole sign.

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Grocery Retail Building
Grocery Retail Building

115 S Falls, Wynne, AR 72396

$545,000
8,890 sqft

Recently vacated grocery location with heating and cooling throughout the building.

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Renovated Retail Storefront Space
Renovated Retail Storefront Space

1942 Highway 4 W, Holly Springs, MS 38635

$250,000
3,854 sqft

Completely renovated open retail space totaling 3,854 square feet, currently operated as a convenience store and restaurant.

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Renovated Convenience Store
Renovated Convenience Store

1942 Ms-4, Holly Springs, MS 38635

$250,000
3,854 sqft 1.00 AC lot

Open-plan commercial space with concrete flooring and room for food service or private gatherings.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Arlington Land For Sale
Arlington Land For Sale

11819 US 70 Hwy, Arlington, TN 38002

$283,573
1.86 AC lot

1.86 acre parcel zoned for shopping center use.

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Arlington Land on Highway 70
Arlington Land on Highway 70

11850 US 70 Hwy, Arlington, TN 38002

$155,200
0.95 AC lot

0.95 acre lot zoned for shopping center use.

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Commercial Land with Existing Post Office
Commercial Land with Existing Post Office

5900 Hwy 305, Coldwater, MS 38618

$430,000
2.00 AC lot

Two parcels combine a mostly cleared tract and an existing post office under C 1 zoning.

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Off-Market Properties in Memphis, TN

Consider similar Off-Market properties in Memphis, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4835 Winchester Rd
CONVENIENCE STORE

4835 Winchester Rd, Memphis, TN 38118-5484

$250,000
Estimated value
3,602 sqft 0.76 AC lot
View details
4355 3rd St
CONVENIENCE STORE

4355 3rd St, Memphis, TN 38109-5269

$225,000
Estimated value
1,682 sqft 0.56 AC lot
View details
5856 Summer Ave
CONVENIENCE STORE

5856 Summer Ave, Memphis, TN 38134-6720

$415,000
Estimated value
3,468 sqft 0.69 AC lot
View details
7804 Us Hwy 70
CONVENIENCE STORE

7804 Us Hwy 70, Bartlett, TN 38133-2082

$195,000
Estimated value
2,400 sqft 0.74 AC lot
View details
1220 Getwell Rd
CONVENIENCE STORE

1220 Getwell Rd, Memphis, TN 38111-7316

$200,000
Estimated value
1,603 sqft 0.33 AC lot
View details
6224 Macon Rd
CONVENIENCE STORE

6224 Macon Rd, Memphis, TN 38134-7534

$275,000
Estimated value
2,400 sqft 0.69 AC lot
View details
3985 Summer Ave
CONVENIENCE STORE

3985 Summer Ave, Memphis, TN 38122-5226

$335,000
Estimated value
3,379 sqft 1.74 AC lot
View details
2196 3rd St
CONVENIENCE STORE

2196 3rd St, Memphis, TN 38109-7710

$235,000
Estimated value
3,800 sqft 0.43 AC lot
View details
6565 Mt Moriah Rd Ext
CONVENIENCE STORE

6565 Mt Moriah Rd Ext, Memphis, TN 38115-8602

$240,000
Estimated value
880 sqft 0.92 AC lot
View details
6133 Macon Rd
CONVENIENCE STORE

6133 Macon Rd, Memphis, TN 38134-7540

$275,000
Estimated value
1,715 sqft 1.16 AC lot
View details
2114 Covington Pike
CONVENIENCE STORE

2114 Covington Pike, Memphis, TN 38128-6907

$265,000
Estimated value
1,836 sqft 0.84 AC lot
View details
2772 Lamar Ave
CONVENIENCE STORE

2772 Lamar Ave, Memphis, TN 38114-4316

$550,000
Estimated value
1,624 sqft 0.54 AC lot
View details
9423 Poplar Ave
CONVENIENCE STORE

9423 Poplar Ave, Germantown, TN 38138-8003

$335,000
Estimated value
2,091 sqft 1.08 AC lot
View details

Memphis, TN Grocery And Convenience Stores Market Trends and Statistics

Explore 72 grocery and convenience stores for sale in Memphis, TN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 117,608 square feet of properties for sale, with an estimated market value of $425,000.

Sale prices for supermarkets in Memphis, TN average $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 167
Storefront properties 115
Automotive properties 44
Auto shops 27
Grocery and convenience stores 19

Demographics Overview

Population 718K
Population Growth (5Y) -3.1%
Median Household Income $61,271
College Educated 18.4%

High-Yield Neighborhoods for Investment

Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38111 $425K

Taxes & Financing

Tax Rate (average for all types) 5.80%
Property Tax per SF $85.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shelby County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Shelby County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

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