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Beauty Salon Unit
For Sale
$48,900

5507 Winchester #6, Memphis, TN 38115

The commercial unit is occupied by a beauty salon tenant.

Property SizeContact for details
Days on Market88

Property Features for 5507 Winchester #6

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood The Core

Additional Details

Gross Income $9,240
Tenant in Place Yes

Building Details

Year Built 1984
Stories 1
Tenancy Single
Listing Agency: Kaizen Realty, LLC
Listed By: Fredrick Sengstacke
Source: Assuredrealestate
Added: Aug 8 Changed: Nov 2 Last Checked: Nov 2 at 1:57PM

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 commercial unit is occupied by a beauty salon tenant. The property was built in 1984 and is located at 5507 Winchester #6 in Memphis, Tennessee.

Key Highlights

  • Occupied by a beauty salon tenant
  • Built in 1984
  • Located at 5507 Winchester #6, Memphis, TN 38115

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,956
Businesses Nearby
219k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 72% Shops & Services 11% Dining 10% Hotels & Casinos 8%
Bass Pro Shops Apparel
157,065 visits/mo 0.5 miles
Sheraton Memphis Downtown Hotel Hotels & Casinos
14,229 visits/mo 0.3 miles
Wendy's Dining
14,209 visits/mo 0.4 miles
Exxon Shops & Services
13,743 visits/mo 0.3 miles
KFC Dining
6,723 visits/mo 0.3 miles

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

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

Similar Off Market Nearby

  • Jasper Float Spa & Wellness Center, LLC — 60 S Main St #102, Memphis, TN 38103
  • Fogelman Downtown YMCA — 245 Madison Ave, Memphis, TN 38103
  • Urban Body Studio — 109 S Ct Ave, Memphis, TN 38103
  • Harbor Town Day Spa & Wellness Center — 90 Harbor Town Square #101, Memphis, TN 38103

Frequently Asked Questions

What type of property is this?
Spa & wellness property - The commercial unit is occupied by a beauty salon tenant.
Where is this spa & wellness property located?
The property is located at 5507 Winchester #6 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: Occupied by a beauty salon tenant; Built in 1984; Located at 5507 Winchester #6, Memphis, TN 38115
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