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Leased Retail Storefront Condo
For Sale
$250,000

113 HARBOR TOWN Sq, Memphis, TN 38103

Commercial condo is currently leased through September 2026 to a hair salon business.

Property SizeContact for details
Days on Market788

Property Features for 113 HARBOR TOWN Sq

General Information

Standard status Active
Property subtype General Commercial

Amenities

Central Air
CMU
In City.

Building Details

Year Built 2005
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Chris Garland · License #232993
Source: Xome
Added: Jul 14, 2024 Changed: Sep 1 Last Checked: Sep 8 at 3:32AM

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 Crye-Leike, Inc., REALTORS

Investment Insights

Based on property information with market context.

This is an investment commercial condo retail unit currently leased through September 2026. The property is occupied by a hair salon operating under the business name The Runway Salon. The current rent is $2,700 per month, and the listing notes that rents and expenses are available via an agent-provided spreadsheet.

The offering is located at 113 Harbor Town Sq in Memphis, Tennessee 38103.

The unit is presented as a leased storefront investment, with occupancy and lease term explicitly disclosed in the remarks.

Key Highlights

  • Commercial condo leased through September 2026 to a hair salon
  • Leased rent is $2,700 per month
  • Central air cooling

Property Analytics

Current Use

Higginbotham Family Dental Dental Office Bologna Consultants LLC Real Estate Agency Adam Yancey Mortgage Loan Service Harbor Town Centre Business Park Priority Emergency Dental ... Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Nail Salon Kitchen & Bath Showroom Pharmacy Bakery

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

565
Businesses Nearby
162k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 97% Shops & Services 3%
Bass Pro Shops Apparel
157,065 visits/mo 0.4 miles
Shell Shops & Services
4,341 visits/mo 0.5 miles
Guaranty Bank Shops & Services
946 visits/mo 0.4 miles

Demographics for 38103, TN

14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial condo is currently leased through September 2026 to a hair salon business.
Where is this storefront property located?
The property is located at 113 HARBOR TOWN Sq Memphis, TN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Commercial condo leased through September 2026 to a hair salon; Leased rent is $2,700 per month; Central air cooling
More about this property
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