2551 Mount Moriah Rd Memphis, TN 38115

This exceptional 6,103-square-foot retail property, located at 2551 Mt. Moriah Rd in Memphis, Tennessee, presents a unique investment opportunity. Previously operating as a restaurant and more recently as an automotive sales facility, this Class B building offers significant potential for a variety of uses. Situated on a 1.11-acre lot, the single-story structure boasts ample space and is in excellent condition, having undergone renovations in 2016. The property's strategic location on Mt. Moriah Road, near the intersection with Mendenhall, ensures high visibility and traffic flow. Its proximity to a Ford dealership, a police station, and Halle Stadium further enhances its appeal. Currently vacant, this move-in ready space is priced at $1,300,000, translating to $213.01 per square foot. The property is also available for lease at a modified gross rate of $7,000 per month. All 6,103 square feet are net rentable. This well-maintained building represents a compelling opportunity for owner-users seeking a prime retail location in a high-traffic area of Memphis. The property's history as both a restaurant and an automotive sales facility demonstrates its adaptability and suitability for a range of commercial ventures. Its excellent condition and recent renovations minimize upfront capital expenditures, allowing for a swift and efficient transition to new operations. The ample lot size provides additional flexibility for future expansion or outdoor amenities. This is a rare opportunity to acquire a well-positioned, high-traffic retail space in a thriving Memphis neighborhood.