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Spa & Wellness Building
New
For Sale
$125,000

1586 GETWELL Rd, Memphis, TN 38111

Commercial/Industrial, Memphis, TN

Property SizeContact for details
Days on Market4

Property Features for 1586 GETWELL Rd

General Information

Property type Commercial Sale
Property subtype Other
Subdivision OAK CLIFF PARK
Standard status Active

Taxes and HOA fees

Tax Annual Amount 663

Building Details

Year built 1946
Listing Agency: BEST Real Estate Company
Listed By: Kaye Thompson
Added: Sep 9 Last Checked: Sep 12 at 3:06PM
MLS# 10230053

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial building at 1586 Getwell Rd currently houses a beauty shop, with operations scheduled to continue through October 2026. The existing configuration supports continued salon use, while the property information also identifies restaurant, office, and retail conversion possibilities.

Built in 1946, the building sits near residential areas and established businesses in Memphis. Expressway access provides a direct approach, and the property is minutes from the University of Memphis. Its current beauty-oriented use and range of stated conversion options give the building flexibility for several commercial formats.

Key Highlights

  • Existing beauty shop operating through October 2026
  • Potential for salon, restaurant, office, or retail use
  • Built in 1946

Property Analytics

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Current Use

Giboney's Barber-Styling Salon Barber Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Accounting Firm Hair Salon 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby
68k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 58% Shops & Services 38% Electronics 4%
McDonald's Dining
20,625 visits/mo 0.2 miles
SONIC Drive In Dining
10,260 visits/mo 0.2 miles
Church's Chicken Dining
8,934 visits/mo 0.3 miles
Family Dollar Shops & Services
6,830 visits/mo 0.0 miles
Shell Shops & Services
6,771 visits/mo 0.3 miles

Demographics for 38111, TN

40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - Existing beauty business offers a base for salon, restaurant, office, or retail conversion.
Where is this spa & wellness property located?
The property is located at 1586 GETWELL Rd Memphis, TN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Existing beauty shop operating through October 2026; Potential for salon, restaurant, office, or retail use; Built in 1946
More about this property
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