144 Us-72 Collierville, TN 38017
- Retail properties
- 2,372 SF
- 0.37 lot acres
Current Use by Public Records
- Retail properties
Property Details for 144 Us-72
- Year built
- 1954
- Lot size
- 0.37 lot acres
- Property size
- 2,372 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 2,372-square-foot restaurant is ideally situated at 144 US Highway 72 in Collierville, Tennessee, zip code 38017. The property, built in 1954 and extensively renovated in 2021, boasts a desirable Class B rating and sits on a 0.37-acre lot. Zoned for retail/commercial use, this single-story building offers ample space for a thriving business. The asking price is $595,000, translating to $250.84 per square foot. Its prime location just off Highway 72 ensures excellent visibility and convenient access. The property's proximity to the Sunset Inn and a growing suburban area provides a strong customer base. The interior features a full-sized bar and plenty of open space, making it an attractive opportunity for a variety of restaurant concepts or even retail uses. This turnkey operation is ready for a new owner to capitalize on its established location and potential. The net rentable square footage is 2,372 square feet. This is a rare opportunity to acquire a well-maintained, updated restaurant in a high-traffic area.
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
- Collierville
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.6671
- Latitude
- 35.0301
