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Month-to-Month Storefront Property
For Sale
$50,000

1172 N HOLLYWOOD St, Memphis, TN 38108

Commercial/Industrial, Memphis, TN

Property SizeContact for details
Days on Market160

Property Features for 1172 N HOLLYWOOD St

General Information

Property type Commercial Sale
Property subtype Other
Subdivision VANNDALE BLK 2
Standard status Active

Taxes and HOA fees

Tax Annual Amount 523

Building Details

Year built 1980
Listing Agency: Pinnacle Realty
Listed By: Jo Mathes · License #272839
Added: Apr 9 Changed: Sep 3 Last Checked: Sep 15 at 4:06AM
MLS# 10218883

Copyright © 2026 Memphis Area 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.

Investment Insights

Based on property information with market context.

This storefront property was constructed in 1980 and is currently leased on a month-to-month basis. The existing lease structure provides flexibility for continued occupancy or future planning, subject to applicable agreements and requirements.

The property information identifies potential business applications including restaurant, event hall, nightclub, lounge, and retail use. The asset is located at 1172 N Hollywood St in Memphis, Tennessee, within Shelby County and ZIP Code 38108.

Key Highlights

  • 1980 construction
  • Current month‑to‑month lease
  • Identified for restaurant, event hall, nightclub, lounge, or retail use

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 59% Dining 38% Electronics 3%
Family Dollar Shops & Services
7,265 visits/mo 0.4 miles
Church's Chicken Dining
4,690 visits/mo 0.5 miles
Metro by T-Mobile Electronics
356 visits/mo 0.3 miles

Demographics for 38108, TN

17,051
Population
7,881
Households
2.2
Avg Household Size
34
Median Age
11%
College-Educated
73%
High-School Grad
7.6 sq mi
ZIP Area
2,244
Density / Sq Mi
$35,435
Median Household Income
$32,126
Median Earnings
$921
Median Rent
$62,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - The property is identified for restaurant, event, lounge, nightclub, and retail uses.
Where is this storefront property located?
The property is located at 1172 N HOLLYWOOD St Memphis, TN.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 1980 construction; Current month‑to‑month lease; Identified for restaurant, event hall, nightclub, lounge, or retail use
More about this property
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