Grocery Store

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
Grocery and Convenience Store Building
Updated: Aug 14
Grocery and Convenience Store Building

2966 CARNES Ave, Memphis, TN 38111

$425,000
1924 construction date
Second lot included with the property
Located within an opportunity zone
Property is offered as‑is with no seller repairs
2966 Carnes Ave, Memphis, TN 38111
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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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Aldi Grocery Store
Aldi Grocery Store

785 Union Ave, Memphis, TN 38103

Contact for pricing
27,800 sqft

Long-term 10-year net lease with access to three major interstate routes.

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See hot listings in Memphis

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 3 Active listings in Memphis, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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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Vacant Grocery and Convenience Store
Vacant Grocery and Convenience Store

115 S Falls Blvd, Wynne, AR 72396

$525,000
8,890 sqft

Vacant, open commercial space offers flexibility for retail, service, office, or other business uses.

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Convenience Store Building with Equipment
Convenience Store Building with Equipment

4613 Highway 19 E, Ripley, TN 38063

$275,000

The sale includes the building, existing equipment, and inventory, excluding the operating business.

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Ripley Gas Station Investment Opportunity
Ripley Gas Station Investment Opportunity

238 Washington St, Ripley, TN 38063

Contact for pricing
2,314 sqft

Renovated gas station and convenience store in Ripley, Tennessee.

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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

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

4355 3rd St, Memphis, TN 38109-5269

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

5856 Summer Ave, Memphis, TN 38134-6720

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

7804 Us Hwy 70, Bartlett, TN 38133-2082

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

1220 Getwell Rd, Memphis, TN 38111-7316

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

6224 Macon Rd, Memphis, TN 38134-7534

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

3985 Summer Ave, Memphis, TN 38122-5226

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

2196 3rd St, Memphis, TN 38109-7710

Estimated value:
$235,000
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

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

6133 Macon Rd, Memphis, TN 38134-7540

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

2114 Covington Pike, Memphis, TN 38128-6907

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

2772 Lamar Ave, Memphis, TN 38114-4316

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

9423 Poplar Ave, Germantown, TN 38138-8003

Estimated value:
$335,000
2,091 sqft 1.08 AC lot
View details
4860 Getwell Rd
CONVENIENCE STORE

4860 Getwell Rd, Memphis, TN 38118-7702

Estimated value:
$415,000
4,660 sqft 1.35 AC lot
View details
5984 Stage Rd
CONVENIENCE STORE

5984 Stage Rd, Bartlett, TN 38134-8312

Estimated value:
$245,000
4,125 sqft 0.88 AC lot
View details
4775 Horn Lk Rd
CONVENIENCE STORE

4775 Horn Lk Rd, Memphis, TN 38109-6663

Estimated value:
$700,000
2,412 sqft 0.27 AC lot
View details
1974 Whitten Rd
CONVENIENCE STORE

1974 Whitten Rd, Memphis, TN 38133-7074

Estimated value:
$435,000
4,126 sqft 0.90 AC lot
View details
1923 Poplar Ave
CONVENIENCE STORE

1923 Poplar Ave, Memphis, TN 38104-2654

Estimated value:
$240,000
2,680 sqft 0.34 AC lot
View details
8535 Us Hwy 64
CONVENIENCE STORE

8535 Us Hwy 64, Bartlett, TN 38133-4111

Estimated value:
$3,280,000
6,006 sqft 1.31 AC lot
View details
4600 Millbranch Rd
GROCERY, SUPERMARKET

4600 Millbranch Rd, Memphis, TN 38116-7438

Estimated value:
$480,000
33,164 sqft 2.93 AC lot
View details
3569 Hickory Hl Rd
CONVENIENCE STORE

3569 Hickory Hl Rd, Memphis, TN 38115-3817

Estimated value:
$255,000
4,827 sqft 0.67 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 3 active listings on our real estate platform. These investment opportunities span a total of 29,779 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 102
Storefront properties 67
Automotive properties 19
Auto shops 15
Showrooms 12

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)

Property Size Breakdown

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

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