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Mixed-Use Property with Two Suites
For Sale
$335,000

2453 ELVIS PRESLEY Blvd, Memphis, TN 38106

Two separately configured commercial areas offer flexibility for owner-user or multi-tenant occupancy.

Property SizeContact for details
Days on Market1022

Property Features for 2453 ELVIS PRESLEY Blvd

General Information

Standard status Active
Property subtype General Commercial

Amenities

Central Air
3
Corner Lot.
Asphalt.
In City, Corner, Industrial Area, Office Park.

Building Details

Year Built 1949
Tenancy Multi
Listing Agency:
Listed By: Keller Williams
Source: Xome
Added: Nov 12, 2023 Changed: Aug 29 Last Checked: Aug 29 at 1:42PM

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 Keller Williams

Investment Insights

Based on property information with market context.

Built in 1949, this mixed-use commercial property contains two separately configured areas: one formerly used as a bar and the other as a cleaners. Central air is included, and the layout supports distinct business operations within the same building.

The property occupies over 1 acre at 2453 Elvis Presley Blvd in Memphis. Its corner-lot position, asphalt surface, and setting within an industrial area and office park add useful site characteristics for commercial users.

Key Highlights

  • Over 1 acre of land
  • Two separately configured commercial areas
  • One side formerly operated as a bar; the other as a cleaners

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Spa & Massage Center Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

246
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 80% Dining 19% Electronics 1%
Dollar General Shops & Services
9,096 visits/mo 0.1 miles
Circle K Shops & Services
9,095 visits/mo 0.1 miles
Church's Chicken Dining
6,439 visits/mo 0.4 miles
Exxon Shops & Services
5,973 visits/mo 0.0 miles
U-Haul Shops & Services
1,729 visits/mo 0.5 miles

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two separately configured commercial areas offer flexibility for owner-user or multi-tenant occupancy.
Where is this mixed-use property located?
The property is located at 2453 ELVIS PRESLEY Blvd Memphis, TN.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Over 1 acre of land; Two separately configured commercial areas; One side formerly operated as a bar; the other as a cleaners
More about this property
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