5-Bay Strip
For Sale
$349,000
3173 HWY 61 S THIRD ST. Ave, Memphis, TN 38109
Commercial/Industrial, Memphis, TN
Property SizeContact for details
Days on Market104
Property Features for 3173 HWY 61 S THIRD ST. Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
BARTON HEIGHT
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
973
Building Details
Year built
1949
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 756-8900
Listed By:
Henry Moshref
(901) 219-3596
Added: Jun 1
Changed: Aug 23
Last Checked: Sep 12 at 3:06PM
MLS# 10223616
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 five-bay strip mall was constructed in 1949 and provides a multi-suite retail format. The property is located at 3173 HWY 61 S THIRD ST. Ave in Memphis, Tennessee, within ZIP Code 38109.
Key Highlights
- Five‑bay strip mall configuration
- Built in 1949
- Located at 3173 HWY 61 S THIRD ST. Ave, Memphis, TN 38109
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 25%
Electronics 9%
McDonald's
Dining
21,067 visits/mo
0.1 miles
Circle K
Shops & Services
9,574 visits/mo
0.1 miles
KFC
Dining
3,621 visits/mo
0.1 miles
SUBWAY
Dining
3,542 visits/mo
0.4 miles
Boost Mobile
Electronics
1,683 visits/mo
0.1 miles
Demographics for 38109, TN
42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
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Market
Vacancy Rate% for Retail in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail center built in 1949 with a multi-suite configuration for commercial occupancy.
Where is this strip mall located?
The property is located at 3173 HWY 61 S THIRD ST. Ave Memphis, TN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Five‑bay strip mall configuration; Built in 1949; Located at 3173 HWY 61 S THIRD ST. Ave, Memphis, TN 38109
