Search
Occupied Storefront Property
For Sale
$559,000

297 E MCLEMORE Ave, Memphis, TN 38106

Retail shops with central air conditioning in Memphis’s historic Soulsville area.

Property SizeContact for details
Days on Market516

Property Features for 297 E MCLEMORE Ave

General Information

Standard status Active
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $1,113

Amenities

Central Air
CMU-1
Asphalt.
Outdoor Lights. Close To Shops.

Building Details

Year Built 1933
Listing Agency: Harris Realty Services
Listed By: Karisa Jones
Source: Xome
Added: Apr 3, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:39PM

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 Harris Realty Services

Investment Insights

Based on property information with market context.

This occupied storefront property contains retail shops and is offered in its existing condition. Central air conditioning serves the interior, while the exterior includes asphalt surfacing and outdoor lighting. The building dates to 1933.

The property is located at 297 E McLemore Ave in Memphis, within the historic Soulsville area. Downtown Memphis is minutes away, and nearby shops contribute to the immediate commercial setting. The property is being offered as-is.

Key Highlights

  • Occupied retail shops in the historic Soulsville area
  • Central air conditioning
  • Built in 1933

Property Analytics

Current Use

Collins Barber & Style ... Barber Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
4,845 visits/mo 0.2 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Retail shops with central air conditioning in Memphis’s historic Soulsville area.
Where is this storefront property located?
The property is located at 297 E MCLEMORE Ave Memphis, TN.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Occupied retail shops in the historic Soulsville area; Central air conditioning; Built in 1933
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message