Freestanding Retail Redevelopment
2029 Union Avenue Memphis, TN 38104
For Sale
$525,000
Freestanding retail building with redevelopment zoning and strong Union Ave traffic exposure near major Memphis entertainment and retailers.
Property Size7,094 SF
Lot Size0.26 Acres
Price / SF$74.01
Days on Market53
Property Features for 2029 Union Avenue
General Information
- Standard status
- Active
- Size
- 7,094 SF
- Lot size
- 0.26 Acres
- Property subtype
- Single Tenant or Freestanding Building
Listing Agency:
TSCG The Shopping Center Group Memphis
(901) 334-5703
Listed By:
Robert Sloan · License #297139
Source:
Theshoppingcentergroup
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 24 at 6:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TSCG The Shopping Center Group Memphis
Investment Insights
Based on property information with market context.
This freestanding building offers 7,094 SF on a 0.263-acre parcel, presenting a straightforward option for retail or showroom users. The property is being offered for sale with redevelopment potential and is zoned CMU-3, making it an appealing consideration for investors and operators looking for flexibility.
Situated on Union Avenue in Memphis, the asset benefits from high visibility with recorded traffic count of 26,054 AADT along Union Ave. It is also within minutes of local entertainment venues including Overton Square, Playhouse on the Square, Circuit Playhouse, and Hattiloo Theatre, supporting a retail-oriented environment.
The tenant and shopper mix in the surrounding area includes well-known retailers and dining options such as Home Depot, Kroger, The Fresh Market, Malco Theater, CVS Pharmacy, Chipotle, Panera Bread, IHOP, Outback Steakhouse, Zaxby’s, Chick-fil-A, Five Guys, and others. For buyers, the CMU-3 zoning combined with redevelopment potential and a prominent retail frontage make the property a practical fit for retail concepts, showroom operations, or redevelopment-focused strategies.
Situated on Union Avenue in Memphis, the asset benefits from high visibility with recorded traffic count of 26,054 AADT along Union Ave. It is also within minutes of local entertainment venues including Overton Square, Playhouse on the Square, Circuit Playhouse, and Hattiloo Theatre, supporting a retail-oriented environment.
The tenant and shopper mix in the surrounding area includes well-known retailers and dining options such as Home Depot, Kroger, The Fresh Market, Malco Theater, CVS Pharmacy, Chipotle, Panera Bread, IHOP, Outback Steakhouse, Zaxby’s, Chick-fil-A, Five Guys, and others. For buyers, the CMU-3 zoning combined with redevelopment potential and a prominent retail frontage make the property a practical fit for retail concepts, showroom operations, or redevelopment-focused strategies.
Key Highlights
- 7,094 SF freestanding retail building on a 0.263‑acre parcel
- Zoned CMU‑3 with redevelopment potential
- Located on Union Ave with 26,054 AADT traffic count
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Showrooms
Similar Off Market Nearby
- Kiser's Floor Fashions — 3050 Walnut Grove Rd, Memphis, TN 38111
- Exceed Kitchen And Bath — 2899 Walnut Grove Rd, Memphis, TN 38111
FAQs
What type of property is this?
Showroom - Freestanding retail building with redevelopment zoning and strong Union Ave traffic exposure near major Memphis entertainment and retailers.
Where is this showroom located?
The property is located at 2029 Union Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 7,094 SF freestanding retail building on a 0.263‑acre parcel; Zoned CMU‑3 with redevelopment potential; Located on Union Ave with 26,054 AADT traffic count
