3173 HWY 61 S THIRD ST. Ave, Memphis, TN 38109

Building Details

Year built

1949

Listing agent Henry Moshref Show Phone

Listing office Crye-Leike, Inc., REALTORS n***@crye-leike.com 6525 N Quail Hollow Rd, Memphis, TN Show Phone

Listing date Jun 1, 2026

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MLS# 10223616

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.

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Overview

This offering is a five-bay strip center presented for sale. The property is positioned for an investor looking to restore and renovate the existing space, with improvements and finishes expected as part of a redevelopment plan.

The building is located at 3173 Hwy 61 S Third St Ave in Memphis, Tennessee (Shelby County). The site is configured as a small retail strip with multiple bays, allowing for separate tenant spaces within a compact shopping format.

For buyers seeking a value-add retail asset, the property’s five-bay configuration can support a range of neighborhood retail uses depending on how the bays are reconfigured and finished. Because the seller is specifically marketing the site as requiring restoration and renovation, due diligence on existing conditions, access, and renovation scope will be important for budgeting and timeline planning.

Map

City

Memphis

County

Shelby

State

Tennessee

Longitude

-90.059728

Latitude

35.062092

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FAQs

What type of property is this?

Shopping center - Five-bay strip center offered for sale, needing restoration and renovation for an investor or operator.

Where is this shopping center located?

The property is located at 3173 HWY 61 S THIRD ST. Ave Memphis, TN.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: Five‑bay strip center suited for restoration and renovation; Built in 1949