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2551 Mount Moriah Rd Memphis, TN 38115

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For Sale
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Prime Retail Building, 6,103 SF, High Traffic

Property size:
6,103 SF

Property Features for 2551 Mount Moriah Rd

General Information

Property type
Restaurants
Square Feet
6,103 SF
Class
B
Lot Size
48,352 SF

Building Details

Year Renovated
2016
Buildings
1
Stories
1

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Listing Contact
Arthur Malkin
Arthur Malkin

Listing Agency: MMIC Inc Listing Agent: Arthur Malkin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

United Auto Sales Car Dealership

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.8865663
Latitude
35.0788864

FAQs

What type of property is this?
Restaurant - Prime Retail Building, 6,103 SF, High Traffic
Where is this restaurant located?
The property is located at 2551 Mount Moriah Rd Memphis, TN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 6,103 SF retail building on 1.11-acre lot in Memphis, TN.; Class B building, previously a restaurant and auto sales facility, offering high adaptability.; Located at 2551 Mt. Moriah Rd, near Mendenhall, with high visibility and traffic.
(901) 761-1002 Call to check price and availability
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