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Danny’s Market Convenience Store
For Sale
Contact for pricing
Pending

296 Chelsea Ave, Memphis, TN 38107

The operating store occupies a nearly one-acre corner lot.

Property SizeContact for details
Days on Market141

Property Features for 296 Chelsea Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Road Access Yes
Listing Agency: Urban CRE LLC
Listed By: Malcolm Wilson · License #TN 257196
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Apr 12 at 11:56AM

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 Urban CRE LLC

Investment Insights

Based on property information with market context.

Danny’s Market is an operating convenience store on a nearly one-acre corner parcel at 296 Chelsea Ave in Memphis, Tennessee. The property is positioned for continued convenience-store operations or redevelopment into retail or multifamily use.

The address is in Uptown Memphis, providing a defined urban setting for evaluating the existing business and the site’s redevelopment alternatives.

Key Highlights

  • Operating convenience store at 296 Chelsea Ave, Memphis, TN 38107
  • Nearly 1 acre of property
  • Corner lot configuration

Property Analytics

Current Use

Dannys Market Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Spa & Massage Center Kitchen & Bath Showroom Skin Care Clinic Pharmacy

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

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
7,399 visits/mo 0.1 miles
Valero Energy Shops & Services
6,256 visits/mo 0.1 miles
Exxon Shops & Services
5,700 visits/mo 0.1 miles
H&R Block Shops & Services
518 visits/mo 0.1 miles

Demographics for 38107, TN

15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
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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Similar Off Market Nearby

  • Roxie's Grocery 520 N 3rd St, Memphis, TN 38105
  • Gordin's Foods & Butcher Shoppe 999 jackson ave, memphis, tn 38107

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The operating store occupies a nearly one-acre corner lot.
Where is this grocery and convenience store located?
The property is located at 296 Chelsea Ave Memphis, TN.
What are key features of this property?
This property features: Operating convenience store at 296 Chelsea Ave, Memphis, TN 38107; Nearly 1 acre of property; Corner lot configuration
(404) 210-7302 Call to check price and availability
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