3-Bay Auto Repair
New
For Sale
$625,000
2597 LAMAR Ave, Memphis, TN 38114
Commercial/Industrial, Memphis, TN
Property SizeContact for details
Days on Market4
Property Features for 2597 LAMAR Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
ELEANOR M SAVER OF PT LOTS 116&117 ~
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
2461
Amenities
catwalk
Building Details
Year built
1988
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 854-5050
Listed By:
Flor Bernal · License #S-57398
(901) 270-2857
Added: Sep 20
Last Checked: Sep 23 at 12:06AM
MLS# 10230779
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 auto repair property includes an operating business within a building measuring over 5,000 SF. The layout provides three service bays and a catwalk, with equipment conveyed for ongoing automotive service operations. Included equipment consists of two tire machines, five racks, an alignment machine, two welders, a torch, and a bender machine. The building dates to 1988.
Located at 2597 LAMAR Ave in Memphis, the property occupies a signalized intersection surrounded by retail and restaurants. The airport is approximately 10 minutes away, adding regional access for the operating business.
Located at 2597 LAMAR Ave in Memphis, the property occupies a signalized intersection surrounded by retail and restaurants. The airport is approximately 10 minutes away, adding regional access for the operating business.
Key Highlights
- Over 5000 SF auto repair facility
- 3 service bays with catwalk
- Equipment includes 2 tire machines, 5 racks, alignment machine, 2 welders, torch and bender machine
Property Analytics
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Current Use
Lease Details
3
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
19k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 38%
Little Caesars Pizza
Dining
5,687 visits/mo
0.2 miles
BP
Shops & Services
5,604 visits/mo
0.4 miles
Exxon
Shops & Services
5,515 visits/mo
0.4 miles
American Deli
Dining
1,568 visits/mo
0.4 miles
The Tire Choice
Shops & Services
676 visits/mo
0.4 miles
Demographics for 38114, TN
23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value
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Market
Vacancy Rate% for Retail in Memphis, TN
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Similar Off Market Nearby
- Bearden Auto Center — 2030 Airways Blvd, Memphis, TN 38114
- AIRWAYS TOWING & RECOVERY LLC — 2040 Airways Blvd, Memphis, TN 38114
- Airways Tire & Alignment Co — 2050 Airways Blvd, Memphis, TN 38114
- Fatting Towing Service & Tow Truck — 2345 Frisco Ave, Memphis, TN 38114
- Goldfinger Auto — 2917 Lamar Ave, Memphis, TN 38114
Frequently Asked Questions
What type of property is this?
Auto shop - Operating automotive service business with retained equipment at a signalized intersection near retail and dining uses.
Where is this auto shop located?
The property is located at 2597 LAMAR Ave Memphis, TN.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Over 5000 SF auto repair facility; 3 service bays with catwalk; Equipment includes 2 tire machines, 5 racks, alignment machine, 2 welders, torch and bender machine
