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Two-Parcel Storefront Property
For Sale
$1,700,000

2256 Central Avenue, Memphis, TN 38104

The property carries MU3 zoning and comprises two adjoining parcels.

Property SizeContact for details
Days on Market808

Property Features for 2256 Central Avenue

General Information

Standard status Active
Zoning MU3
Listing Agency:
Listed By: Jalil (JMax) HAMIDI · License #269182
Source: Expcommercial
Added: Jun 14, 2024 Changed: Aug 29 Last Checked: Aug 30 at 12:54PM

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 Jalil (JMax) HAMIDI

Investment Insights

Based on property information with market context.

This storefront property includes two adjacent parcels at 2256 Central Avenue in Memphis, Tennessee. The site is identified with MU3 zoning, providing a clear land-use designation for evaluating the commercial offering.

Key Highlights

  • Two adjacent parcels included in the sale
  • MU3 zoning
  • Located at 2256 Central Avenue, Memphis, TN 38104

Property Analytics

Current Use

Tow Mate Auto Repair Shop

Suggested Use

Top Pick Dental Office Bakery Grocery & Convenience Store Auto Parts Store Plumbing Service Kitchen & Bath Showroom

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

940
Businesses Nearby
54k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Dining 30% Apparel 13%
Hattie B's Hot Chicken Dining
16,177 visits/mo 0.3 miles
Dollar General Shops & Services
13,200 visits/mo 0.3 miles
MAPCO Mart Shops & Services
12,029 visits/mo 0.2 miles
Urban Outfitters Apparel
6,847 visits/mo 0.3 miles
Marathon Petroleum Shops & Services
6,004 visits/mo 0.4 miles

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - The property carries MU3 zoning and comprises two adjoining parcels.
Where is this storefront property located?
The property is located at 2256 Central Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two adjacent parcels included in the sale; MU3 zoning; Located at 2256 Central Avenue, Memphis, TN 38104
More about this property
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