Building Details

Year built 1984

Listing Agency: KAIZEN Realty, LLC e***@kaizen-realty.com Show Phone

Listed By: Fredrick Sengstacke Show Phone

Added: Aug 8 Changed: Sep 12 Last Checked: Sep 23 at 8:06AM

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MLS# 10227978

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 salon property in Memphis includes an operating booth-rental arrangement with two beauticians. The source information also indicates capacity for one to two additional beauticians to rent booth space.

Constructed in 1984, the property is located at 5501 WINCHESTER Rd in Memphis, Tennessee, within ZIP Code 38115. The asset is classified as a spa and wellness property.

Key Highlights

• Two beauticians currently pay booth rent
• Space is identified for 1 to 2 additional beauticians
• Salon property built in 1984

Property Analytics

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Current Use

Fossett Corp Advertising Agency Freetalk Wireless Mobile Phone Store Jay's Tropical Snow Grocery & Convenience Store Sit With Me Daycare Center Affordable Home Properties ... Construction Company

Suggested Use

Top Pick Law Firm Parking Lot & Garage Bakery HVAC Service Real Estate Agency 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.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

544

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 38115, TN

40,076

Population

19,179

Households

2.1

Avg Household Size

30

Median Age

14%

College-Educated

87%

High-School Grad

8.6 sq mi

ZIP Area

4,660

Density / Sq Mi

$42,931

Median Household Income

$32,997

Median Earnings

$1,129

Median Rent

$129,700

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this spa & wellness properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Spa & wellness property - Two beauticians currently pay booth rent at the salon.

Where is this spa & wellness property located?

The property is located at 5501 WINCHESTER Rd Memphis, TN.

What is the asking price?

The asking price for this property is $49,900.

What are key features of this property?

This property features: Two beauticians currently pay booth rent; Space is identified for 1 to 2 additional beauticians; Salon property built in 1984