4029 Summer Ave Memphis, TN 38122
- Day care centers
- 1,181 SF
- 0.29 lot acres
Current Use by Public Records
- Moreno's Painters / Painting / Concrete Contractor
Property Details for 4029 Summer Ave
- Year built
- 1940
- Construction
- FRAME
- Lot size
- 0.29 lot acres
- Property size
- 1,181 SF
- Zone code
- RU-3
- Property type
- Day care centers
- APN
- 055-001- - -00004
- APU
- 5500100004
Description
This 1,181 square foot storefront, located at 4029 Summer Avenue in Memphis, Tennessee, presents a unique owner-user investment opportunity. The property, built in 1940, sits on a 0.15-acre lot and is zoned RMM. Currently vacant, this Class C building offers high visibility in a high-traffic area of Summer Avenue, surrounded by a mix of commercial retail, service businesses, and restaurants. The asking price is $350,000, translating to $296.36 per square foot. The single-story building offers 1,181 square feet of net rentable space. This property is being sold "as is" and represents a rare opportunity to acquire a well-located commercial space on a busy Memphis thoroughfare. The previous tenant was a chiropractor's office. The property's location within a thriving commercial corridor makes it ideal for a variety of retail uses. Serious inquiries are encouraged to explore the potential of this unique investment. The property is located in Shelby County, Tennessee, zip code 38122.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9264
- Latitude
- 35.1487
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
