2097 Madison Ave Memphis, TN 38104
- Retail properties
Current Use by Public Records
- Golden India / Asian Restaurant / South Asian Restaurant
Property Details for 2097 Madison Ave
- Year built
- 1910
- Property type
- Retail properties
- Property subtype
- Industrial properties
Description
This exceptional commercial property, located at 2097 Madison Ave in Memphis, Tennessee, presents a unique investment opportunity. The 1-story, 1910-built building offers approximately 1,100 square feet of flexible space, ideal for a variety of retail or industrial uses. Boasting a prime Overton Square location, this property benefits from high foot traffic and proximity to popular attractions including movie theaters, art galleries, and bars. The building features a ceiling height ranging from 11 to 12.9 feet, providing ample vertical space. This turnkey business has operated successfully for 30 years, cultivating a loyal customer base. While the current owner is not under pressure to sell, they are open to exploring offers for this established enterprise. The asking price is $175,000. The property is situated in Shelby County, zip code 38104, and offers a rare chance to acquire a well-established business in a vibrant Memphis neighborhood. The building's unique corner location further enhances its visibility and appeal. This is an excellent opportunity for an entrepreneur seeking a ready-made business with significant growth potential. The property is zoned for commercial use.
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
- -89.9915
- Latitude
- 35.1366
