Stand-Alone Commercial Building
2063 Castex St, Memphis, TN 38109
Value-add commercial property for sale or lease in developing area.
Type:Retail
Property size:
1,200 SFPrice / SF:
$124/SF- Added:
- Oct 24, 2025
- Days on Market:
- 201
- Last Refresh:
- Mar 19 at 8:57 pm
Property Features for 2063 Castex St
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1970
Listing agent Izadeen Nagi License #375214
Listing office Turn Key Realty Group
Listing date Oct 24, 2025
Source Crexi
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 Turn Key Realty Group
HighLights
- For sale or lease - flexible terms offer multiple investment strategies.
- Stand‑alone commercial structure - enjoy full control with no shared walls.
- Value‑add and repositioning potential - opportunity for future appreciation.
- Affordable entry point - priced below replacement cost.
- Private parking & driveway access.
- Solid brick exterior - ready for improvement.
Overview
This stand-alone commercial building presents an investor opportunity with multiple strategies to capitalize on value through sale or lease options. Positioned in a developing area with long-term upside potential, this property is ideal for renovation, repositioning, lease-up, or redevelopment. It is suitable for investors pursuing cash-flow, equity growth, BRRR-style plays, or owner-user occupancy. The freestanding commercial structure offers full control with no shared walls, private parking, and driveway access. The solid brick exterior is ready for improvement, presenting an affordable entry point below replacement cost. Opportunities for build-out are available based on user or tenant needs. Investment advantages include its potential as a renovate-and-lease income asset, strong buy-and-hold potential, and suitability for owner-occupied businesses seeking low overhead. Redevelopment or adaptive reuse possibilities offer value-add and repositioning for future appreciation upside. Potential end-uses, subject to local zoning verification, include a retail storefront, professional or administrative office, salon/barber or studio-based services, creative, tech, or media workspace, storage, logistics, or operations office, and a nonprofit, training, or community center. The property size is 1200 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
MAAE Market
Grocery & Convenience Store
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.070405
- Latitude
- 35.0913264
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Value-add commercial property for sale or lease in developing area.
Where is this storefront property located?
The property is located at 2063 Castex St Memphis, TN.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: For sale or lease - flexible terms offer multiple investment strategies.; Stand‑alone commercial structure - enjoy full control with no shared walls.; Value‑add and repositioning potential - opportunity for future appreciation.
