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Freestanding Retail Redevelopment Building

2029 Union Avenue Memphis, TN 38104

2029 Union Avenue, Memphis, TN, 38104
$525,000
For Sale
$525,000

Freestanding retail building with redevelopment zoning and strong Union Ave traffic exposure near major Memphis entertainment and retailers.

Property Size7,094 SF
Lot Size0.26 Acres
Price / SF$74.01
Days on Market47

Property Features for 2029 Union Avenue

General Information

Standard status
Active
Size
7,094 SF
Lot size
0.26 Acres
Property subtype
Single Tenant or Freestanding Building
Listing Agency The Shopping Center Group | Memphis
Listed by Robert Sloan · License #297139
Source Theshoppingcentergroup
Added: Jun 2 Checked: Jul 17 at 5:04 am

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 The Shopping Center Group | Memphis


Investment Insights

Based on property information with market context.

This freestanding building offers 7,094 SF on a 0.263-acre parcel, presenting a straightforward option for retail or showroom users. The property is being offered for sale with redevelopment potential and is zoned CMU-3, making it an appealing consideration for investors and operators looking for flexibility.

Situated on Union Avenue in Memphis, the asset benefits from high visibility with recorded traffic count of 26,054 AADT along Union Ave. It is also within minutes of local entertainment venues including Overton Square, Playhouse on the Square, Circuit Playhouse, and Hattiloo Theatre, supporting a retail-oriented environment.

The tenant and shopper mix in the surrounding area includes well-known retailers and dining options such as Home Depot, Kroger, The Fresh Market, Malco Theater, CVS Pharmacy, Chipotle, Panera Bread, IHOP, Outback Steakhouse, Zaxby’s, Chick-fil-A, Five Guys, and others. For buyers, the CMU-3 zoning combined with redevelopment potential and a prominent retail frontage make the property a practical fit for retail concepts, showroom operations, or redevelopment-focused strategies.

Key Highlights

  • 7,094 SF freestanding retail building on a 0.263‑acre parcel
  • Zoned CMU‑3 with redevelopment potential
  • Located on Union Ave with 26,054 AADT traffic count

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Showrooms

Suggested Use

Real Estate Agency Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Restaurant Computer & Electronic Repair Food Market Pet Grooming Service Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • RUG AND ROLL — 2186 Central Ave, Memphis, TN 38104
  • Erick Gill Carpet Store — 2155 Central Ave #57, Memphis, TN 38104
  • A Bath Haven — Memphis, TN 38104
  • RW Supply and Design — 574 Cooper St, Memphis, TN 38104

FAQs

What type of property is this?
Showroom - Freestanding retail building with redevelopment zoning and strong Union Ave traffic exposure near major Memphis entertainment and retailers.
Where is this showroom located?
The property is located at 2029 Union Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 7,094 SF freestanding retail building on a 0.263‑acre parcel; Zoned CMU‑3 with redevelopment potential; Located on Union Ave with 26,054 AADT traffic count
Contact an agent
More about this property
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