Versatile Salon Space For
For Sale
Contact for pricing
717 E Raines Rd, Memphis, TN 38116
Commercial property suitable for salon, restaurant, medical, or office use.
Property Size1,700 SF
Price / SF$88.24
Days on Market700
Property Features for 717 E Raines Rd
General Information
Standard status
Active
Size
1,700 SF
Class
C
Total Parking Spaces
30
Property subtype
Retail
Zoning
R-10
Lease Type
Gross
Building Details
Year Built
1951
Buildings
1
Stories
1
Listing Agency:
Metropolis Real Estate Services
Listed By:
Todd Harris, CCIM · License #TN-277077
(901) 800-1500
Source:
Crexi
Added: Oct 4, 2024
Changed: Aug 26
Last Checked: Sep 1 at 6:05PM
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 Metropolis Real Estate Services
Investment Insights
Based on property information with market context.
This commercial property, currently operating as a salon, presents an opportunity for entrepreneurs or investors. The site includes 10 or more dedicated parking spaces. A new roof has been recently installed. The property features central heat and air for climate control. The lot is fully fenced, adding security and privacy. Ample outdoor space is available, suitable for an outdoor seating area or other uses. The property's flexibility makes it suitable for various professional service businesses, including medical offices, law firms, or financial services. The building has a size of 1700 square feet.
Key Highlights
- 10+ Dedicated Parking Spaces: Provides convenient and ample parking.
- Versatile Space: Suitable for various businesses.
- Ample Outdoor Space: Offers potential for outdoor seating.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Explore this area
Business Placement
Demographics for 38116, TN
39,107
Population
18,526
Households
2.1
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
19.6 sq mi
ZIP Area
1,995
Density / Sq Mi
$44,663
Median Household Income
$31,593
Median Earnings
$1,035
Median Rent
$125,800
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial property suitable for salon, restaurant, medical, or office use.
Where is this retail space located?
The property is located at 717 E Raines Rd Memphis, TN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 10+ Dedicated Parking Spaces: Provides convenient and ample parking.; Versatile Space: Suitable for various businesses.; Ample Outdoor Space: Offers potential for outdoor seating.
