3217 Lucibill Rd Memphis, TN 38116

This exceptional mixed-use property, located at 3217 Lucibill Rd in Memphis, Tennessee, presents a compelling investment opportunity. The 9,360 square foot building boasts two stories, offering versatile space for a variety of uses. The ground floor comprises 6,165 square feet with impressive 13-foot ceilings and a convenient roll-up door, ideal for commercial ventures. Upstairs, a 3,195 square foot living quarters provides ample residential space. The property is zoned CMU-3 and sits on an ultra-secure fenced lot enhanced with preventive measures, ensuring peace of mind. Significant recent improvements include a brand-new HVAC system installed in 2021 and a TPO roof replaced within the last 10 years. A newly paved parking lot further enhances the property's appeal. Located in Shelby County, zip code 38116, this property offers convenient access to I-55, providing excellent visibility and accessibility. The asking price is $375,000, translating to a price per square foot of $40.06. This presents a rare chance to acquire a well-maintained, strategically located mixed-use property with significant upside potential. The combination of commercial and residential space makes this a truly unique and attractive investment.