Building Details

Year Built 1984

Stories 1

Tenancy Multi

Listing Agency: Kaizen Realty, LLC Show Phone

Listed By: Fredrick Sengstacke Show Phone

Source: Assuredrealestate

Added: Aug 8 Changed: Nov 2 Last Checked: Nov 2 at 9:12AM

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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 Kaizen Realty, LLC

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Investment Insights

Based on property information with market context.

This salon property, built in 1984, has two beauticians currently paying booth rent. The space can accommodate one or two additional beauticians as renters.

Located at 5501 Winchester in Memphis, Tennessee, the property is offered for sale.

Key Highlights

• Two beauticians currently pay booth rent
• Space for one or two additional beauticians
• Built in 1984

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Auto Parts Store Furniture & Home Goods Veterinary Clinic Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

2,956

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 38115, TN

40,076

Population

19,179

Households

2.1

Avg Household Size

30

Median Age

14%

College-Educated

87%

High-School Grad

8.6 sq mi

ZIP Area

4,660

Density / Sq Mi

$42,931

Median Household Income

$32,997

Median Earnings

$1,129

Median Rent

$129,700

Median Home Value

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Similar Off Market Nearby

• Jasper Float Spa & Wellness Center, LLC — 60 S Main St #102, Memphis, TN 38103
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Frequently Asked Questions

What type of property is this?

Spa & wellness property - An operating salon has two beauticians paying booth rent, with capacity for one or two additional renters.

Where is this spa & wellness property located?

The property is located at 5501 Winchester Memphis, TN.

What is the asking price?

The asking price for this property is $48,900.

What are key features of this property?

This property features: Two beauticians currently pay booth rent; Space for one or two additional beauticians; Built in 1984