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Remodeled Retail Space
For Sale
$195,000

3510 N WATKINS St, Memphis, TN 38127

CMU-1-zoned commercial property with front offices, a high-ceiling rear area, kitchen, storage, and central air.

Property SizeContact for details
Days on Market650

Property Features for 3510 N WATKINS St

General Information

Standard status Active
Property subtype General Commercial
Zoning CMU-1
Occupancy 100%

Amenities

high-ceiling rear area
multiple front offices
kitchen
storage
Central Air
3
CMU1
Asphalt.
59.67 X 165
In City.

Building Details

Year Built 1977
Listing Agency: eXp Realty, LLC
Listed By: Michael Valenza
Source: Xome
Added: Nov 19, 2024 Changed: Aug 30 Last Checked: Aug 31 at 1:28PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This retail property contains over 2,300 SF of commercial space within a versatile layout. The interior includes multiple front offices, a kitchen, storage, and a spacious rear area with high ceilings. Central air is in place, and the property was originally built in 1977.

The building is fully tenanted and positioned on N Watkins in Frayser, near other businesses and residential areas. The parcel measures 59.67 X 165, with asphalt parking and drive-by exposure. The property carries CMU-1 zoning and has undergone several system and building updates, including an interior remodel within the past 11 years, roof replacement within the last 8 years, and installation of a new AC condenser within the past 3 years.

The existing configuration supports retail, office, or service-based use, subject to applicable requirements.

Key Highlights

  • Over 2,300 SF of CMU‑1‑zoned commercial space
  • Fully tenanted property with multiple front offices, kitchen, storage, and high‑ceiling rear area
  • Interior remodeled within the past 11 years

Property Analytics

Current Use

Power of God Ministries Church

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom Gym & Fitness Center Skin Care Clinic Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

Demographics for 38127, TN

40,679
Population
17,560
Households
2.3
Avg Household Size
33
Median Age
11%
College-Educated
83%
High-School Grad
37.8 sq mi
ZIP Area
1,076
Density / Sq Mi
$37,768
Median Household Income
$31,790
Median Earnings
$1,104
Median Rent
$82,500
Median Home Value

Market

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - CMU-1-zoned commercial property with front offices, a high-ceiling rear area, kitchen, storage, and central air.
Where is this retail space located?
The property is located at 3510 N WATKINS St Memphis, TN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Over 2,300 SF of CMU‑1‑zoned commercial space; Fully tenanted property with multiple front offices, kitchen, storage, and high‑ceiling rear area; Interior remodeled within the past 11 years
More about this property
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