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Historic Theater with New TPO Roof
For Sale
$699,000

1716 LAMAR Ave, Memphis, TN 38114

Vacant theater building with adjoining parcels and a new TPO roof for future redevelopment.

Property SizeContact for details
Days on Market609

Property Features for 1716 LAMAR Ave

General Information

Standard status Active
Property subtype General Commercial

Amenities

Corner Lot.
50+20/60X 150/120
Corner.

Building Details

Year Built 1933
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Chris Garland · License #TN-232993
Source: Xome
Added: Dec 29, 2024 Changed: Aug 30 Last Checked: Aug 30 at 2:20PM

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.

Built in 1933, this vacant theater property includes an approximately 8500 sf building with a new TPO roof. The existing structure is positioned alongside .6887 acres spanning three additional lots.

The surrounding parcels include two homes that could be removed for parking, along with a separate cleared lot. The property is located on a corner and has been identified for potential event center or live music use, subject to applicable approvals and redevelopment requirements.

Key Highlights

  • Approximately 8500 sf vacant theater building
  • New TPO roof on the building
  • .6887 acres across 3 lots adjoining the theater

Property Analytics

Current Use

Theaters & concert halls

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Nail Salon Spa & Massage Center Big Box & Wholesale Store

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

281
Businesses Nearby

Demographics for 38114, TN

23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Vacant theater building with adjoining parcels and a new TPO roof for future redevelopment.
Where is this theater & concert hall located?
The property is located at 1716 LAMAR Ave Memphis, TN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Approximately 8500 sf vacant theater building; New TPO roof on the building; .6887 acres across 3 lots adjoining the theater
More about this property
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