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Spacious Commercial Space For Sale
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1551 Netherwood Ave, Memphis, TN 38106

Versatile commercial space with customization potential in Memphis, TN.

Property Size8,131 SF
Price / SF$23.37
Days on Market157

Property Features for 1551 Netherwood Ave

General Information

Standard status Active
Size 8,131 SF
Property subtype Retail

Building Details

Year Built 1935
Listing Agency: Braden, Braden & Braden CRE
Listed By: Curtis Braden · License #TN-284224
Source: Crexi
Added: Mar 7 Changed: Aug 8 Last Checked: Aug 11 at 6:24AM

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 Braden, Braden & Braden CRE

Investment Insights

Based on property information with market context.

The property at 1549-1551 Netherwood features a spacious layout suitable for multiple uses or a versatile commercial space, offering room for customization to suit various needs. Additionally, 1544 Netherwood, with its unique features, complements the larger property. This presents a rare opportunity to own and develop two interconnected spaces. The property size is 8131 square feet.

Key Highlights

  • Two interconnected properties offering diverse development potential.
  • Versatile commercial space suitable for customization.
  • Spacious layout in 1549‑1551 Netherwood.

Property Analytics

Current Use

Glenview Grocery Grocery & Convenience Store Bone's Wings Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Bakery Computer & Electronic Repair

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

376
Businesses Nearby

Demographics for 38106, TN

22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
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
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile commercial space with customization potential in Memphis, TN.
Where is this retail space located?
The property is located at 1551 Netherwood Ave Memphis, TN.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two interconnected properties offering diverse development potential.; Versatile commercial space suitable for customization.; Spacious layout in 1549‑1551 Netherwood.
(901) 881-2070 Call to check price and availability
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