2951 Mt. Olive Rd Memphis, TN 38108
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 2951 Mt. Olive Rd
- Year built
- 1955
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a rare chance to acquire a historic church building in Memphis, Tennessee. Located at 2951 Mt. Olive Rd, this property offers significant potential for adaptive reuse and redevelopment. The building's rich history and unique architectural features provide a strong foundation for a variety of commercial ventures. Its prime location within a desirable area ensures high visibility and accessibility, making it an attractive proposition for investors seeking a unique and potentially high-return project. The property is being offered at $130,000. While the exact square footage is not currently available, the substantial size of the building offers ample space for creative repurposing. The property sits on a lot of zero acres, suggesting a compact footprint ideal for urban development. The building's current condition and any necessary renovations will need to be assessed by prospective buyers. This is a truly unique opportunity to acquire a piece of Memphis history and transform it into a thriving commercial enterprise. Serious inquiries are encouraged to explore the possibilities this property presents. The property is classified as General Commercial. Further due diligence is recommended to fully understand the property's potential and associated costs.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9619
- Latitude
- 35.175
