116 S 5th Street Memphis, TX 79245
- Added:
- Oct 19, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 18 at 8:06 am
Property Features for 116 S 5th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- Robert Kim Burnett and Carol Burnett
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- All of Lot 9, Block 4, Original Town of Memphis, Hall County, Texas.
Building Details
- Flooring type
- Wood
- Roof type
- Built-Up
Listing agent Chad Holland License #0515680 (806) 205-0497
Listing office Chad Holland Real Estate PO Box 541, Childress, TX (806) 205-0497
Listing date Oct 19, 2025
MLS# 25-7450
Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Downtown Memphis Commercial Opportunity
Located on the east side of the downtown square in Memphis, TX, this commercial property at 116 S 5th St offers visibility and potential. The building features an open front area adaptable for retail, office, laundromat, or other service use, along with a storage/work area in the back. With its central location and flexible layout, it's suited for business ventures. This property provides the accessibility, space, and potential needed to establish a presence in a growing community. It is for sale only. The property is located in an Opportunity Zone. Recent updates include a new electric meter and panel at the rear of the building. All outdated plumbing fixtures have been removed. The property is being sold As Is, Where Is. The lot size is 0.07 acres. All personal property will be removed prior to Closing of Escrow.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Hall
- State
- Texas
- Longitude
- -100.535737
- Latitude
- 34.725701
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Commercial property in downtown Memphis, TX, with flexible layout.
Where is this retail space located?
The property is located at 116 S 5th Street Memphis, TX.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Located in a designated Opportunity Zone, offering potential tax benefits.; Prime downtown location on the east side of the square in Memphis, TX, providing excellent visibility.; Spacious, open front area adaptable for various businesses.
