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Fully Occupied Strip Mall
For Sale
$480,000

WASHINGTON St S, Ripley, TN 38063

Commercial/Industrial, Ripley, TN

Property SizeContact for details
Days on Market162

Property Features for WASHINGTON St S

General Information

Property type Residential
Property subtype Office
Standard status Active

Taxes and HOA fees

Tax Annual Amount 2688

Building Details

Year built 1940
Listing Agency: Lankford Realty Co.
Listed By: Reese Gaines · License #373491
Added: Mar 12 Changed: Aug 19 Last Checked: Aug 20 at 8:06AM
MLS# 10216900

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This strip mall comprises 8 tenant spaces, all reported as fully occupied. The property was built in 1940 and is positioned along Washington St S in Ripley, Tennessee.

The commercial center is located in Lauderdale County within ZIP code 38063. Its retail configuration and current occupancy provide a straightforward profile for commercial property evaluation.

Key Highlights

  • 8 tenant spaces, all fully occupied
  • Strip mall property on Washington St S in Ripley, TN 38063
  • Built in 1940

Property Analytics

Current Use

Strip malls

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby
360
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 100%
Econo Lodge Inn & Suites Hotels & Casinos
360 visits/mo 0.4 miles

Demographics for 38063, TN

16,033
Population
7,070
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
285.2 sq mi
ZIP Area
56
Density / Sq Mi
$48,578
Median Household Income
$37,121
Median Earnings
$731
Median Rent
$137,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - The center contains multiple occupied tenant spaces in a commercial retail configuration.
Where is this strip mall located?
The property is located at WASHINGTON St S Ripley, TN.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 8 tenant spaces, all fully occupied; Strip mall property on Washington St S in Ripley, TN 38063; Built in 1940
More about this property
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