Neighborhood Grocery
For Sale
Contact for pricing
Pending
385 Scott St, Memphis, TN 38112
Two connected commercial spaces include store equipment and inventory, with two month-to-month tenant arrangements.
Property SizeContact for details
Days on Market142
Property Features for 385 Scott St
General Information
Standard status
Pending
Property subtype
Business for Sale
Additional Details
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
Keller Williams Memphis
Listed By:
Juanita Jackson · License #354647
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 5:25PM
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 Keller Williams Memphis
Investment Insights
Based on property information with market context.
This Memphis grocery market comprises two connected commercial spaces and has served the community for more than 30 years. The sale includes the store equipment and existing inventory, and the property is offered in its current as-is condition.
Two tenants occupy the spaces under month-to-month arrangements. One lease was scheduled to end in July 2024. The property combines an established neighborhood retail operation with separately occupied connected areas.
Two tenants occupy the spaces under month-to-month arrangements. One lease was scheduled to end in July 2024. The property combines an established neighborhood retail operation with separately occupied connected areas.
Key Highlights
- Grocery market serving the community for more than 30 years
- Two connected commercial spaces included in the sale
- Two tenants occupy the property on month‑to‑month leases
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
13,475 visits/mo
0.4 miles
Hollywood Feed
Shops & Services
5,412 visits/mo
0.4 miles
Devon Self Storage
Shops & Services
516 visits/mo
0.5 miles
Demographics for 38112, TN
16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Two connected commercial spaces include store equipment and inventory, with two month-to-month tenant arrangements.
Where is this grocery and convenience store located?
The property is located at 385 Scott St Memphis, TN.
What are key features of this property?
This property features: Grocery market serving the community for more than 30 years; Two connected commercial spaces included in the sale; Two tenants occupy the property on month‑to‑month leases
