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Storefront Property with Retail Lease
For Sale
$379,000

4014 LAMAR AVE, Memphis, TN 38118

Commercial building offering an existing retail tenancy alongside potential owner-use space.

Property SizeContact for details
Days on Market524

Property Features for 4014 LAMAR AVE

General Information

Standard status Active
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $4,169

Building Details

Year Built 1984
Tenancy Multi
Listing Agency: Trotz Real Estate Serv., Inc.
Listed By: Eric A Trotz · License #215814
Source: Exitrealty
Added: Mar 26, 2025 Changed: Aug 30 Last Checked: Aug 30 at 8:55PM

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 Trotz Real Estate Serv., Inc.

Investment Insights

Based on property information with market context.

This 1984 storefront property on Lamar Avenue combines an existing liquor store lease with space that may support an owner-occupied office or retail operation. The configuration allows an occupant to operate from part of the building while retaining the current retail tenancy.

Key Highlights

  • Existing liquor store lease
  • Owner‑use potential for office or retail space
  • Storefront property on Lamar Avenue

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center Restaurant Pharmacy

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

642
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Home Improvements & Furnishings 27% Hotels & Casinos 21%
Devon Self Storage Shops & Services
881 visits/mo 0.5 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
782 visits/mo 0.4 miles
Extra Space Storage Shops & Services
601 visits/mo 0.0 miles
Americas Best Value Inn Hotels & Casinos
590 visits/mo 0.2 miles

Demographics for 38118, TN

39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
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.

Similar Off Market Nearby

  • Metro Wholesale Florist Inc. 3654 Cherry Rd, Memphis, TN 38118

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building offering an existing retail tenancy alongside potential owner-use space.
Where is this storefront property located?
The property is located at 4014 LAMAR AVE Memphis, TN.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Existing liquor store lease; Owner‑use potential for office or retail space; Storefront property on Lamar Avenue
More about this property
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