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Six-Bay Mixed-Use Property
New
For Sale
$1,900,000

3393 SUMMER Ave, Memphis, TN 38122

Commercial/Industrial, Memphis, TN

Property SizeContact for details
Lot Size2.00 Acres
Days on Market1

Property Features for 3393 SUMMER Ave

General Information

Property type Commercial Sale
Property subtype Other
Subdivision NEW HIGHLAND HEIGHTS BLK 23
Standard status Active
Lot size 2.00 Acres

Taxes and HOA fees

Tax Annual Amount 9484

Building Details

Year built 1925
Listing Agency: eXp Realty, LLC
Listed By: Jason Miller
Added: Oct 19 Last Checked: Oct 19 at 8:06AM
MLS# 10232691

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.

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Investment Insights

Based on property information with market context.

This mixed-use property contains six retail bays on a 2-acre parcel. The listed spaces include a restaurant, office, reception center, church, studio and lounge. The building dates to 1925.

The property is at 3393 Summer Ave in Memphis and is identified at the Summer and Highland intersection.

Key Highlights

  • Six retail bays across a 2‑acre parcel
  • Includes restaurant, office, reception center, church, studio and lounge spaces
  • Building dates to 1925

Property Analytics

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Current Use

Riley Wrapz (Bike/Boat/Book/etc) Store Lauren and Rice Waste Management Facility

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Skin Care Clinic Spa & Massage Center Restaurant

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

553
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 20% Electronics 3%
MAPCO Mart Shops & Services
7,016 visits/mo 0.3 miles
Valero Energy Shops & Services
6,492 visits/mo 0.1 miles
Church's Chicken Dining
4,332 visits/mo 0.3 miles
AutoZone Shops & Services
3,619 visits/mo 0.5 miles
Dollar General Shops & Services
3,601 visits/mo 0.2 miles

Demographics for 38122, TN

26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property has a varied configuration that includes restaurant, office, reception, religious, studio and lounge spaces.
Where is this mixed-use property located?
The property is located at 3393 SUMMER Ave Memphis, TN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Six retail bays across a 2‑acre parcel; Includes restaurant, office, reception center, church, studio and lounge spaces; Building dates to 1925
More about this property
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