Retail

Memphis, TX Retail Space for Sale

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Wellington, TX Clarendon, TX
Drug Store Building
Updated: Sep 8
Drug Store Building

506 W Noel Street, Memphis, TX 79245

$328,000
Built in 1940
Brick veneer exterior
Carpet and tile flooring
Central air conditioning
Located on the town square at 506 W Noel Street in Memphis
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Historic Hotel With Retail Spaces
Updated: Aug 25, 2022
Historic Hotel With Retail Spaces

421 W Main Street, Memphis, TX 79245

$295,000
Approximately 43,000 +- SQF (TBV) historic hotel property
32‑39 rooms when completed
Owner’s apartment, lobby, private dining rooms, restaurant, ballroom, and meeting areas
Multiple retail spaces with different addresses
Original pressed tin ceilings, moldings, terrazzo floors, and hall of mirrors
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2 active listings match your search: Retail for sale in Memphis, TX. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Connected Mixed-Use Commercial Buildings
Connected Mixed-Use Commercial Buildings

226 N Main Street, Childress, TX 79201

$250,750
8,625 sqft 0.20 AC lot

Two connected structures can operate together or as separate commercial units, with office rooms, storage, and restrooms.

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Flex Space with Mezzanine
Flex Space with Mezzanine

240 N Main Street, Childress, TX 79201

$325,000
5,000 sqft 0.13 AC lot

Adaptable commercial building with open interior space, kitchen area, two restrooms, private office, and rear storage.

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Historic Retail and Restaurant Building
Historic Retail and Restaurant Building

112 N Main St, Shamrock, TX 79079

Contact for pricing
2,700 sqft

Historic 1918 commercial building with multiple rooms, storage, a loft, rear roll-up door, and newly installed electrical.

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Storefront Property with Open Space
Storefront Property with Open Space

211 N Main St, Shamrock, TX 79079

$99,900
3,500 sqft

The layout combines office areas with open space for flexible commercial use.

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Memphis, TX Retail Space Market Trends and Statistics

Explore 2 retail space for sale in Memphis, TX on our real estate platform.

Sale prices for retail space in Memphis, TX start at $295,000, averaging $311,500, and reaching up to $328,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 1
Automotive properties 1
Drug stores 1

Demographics Overview

Population 2,291
Population Growth (5Y) -4.5%
Median Household Income $46,667
College Educated 21.7%

High-Yield Neighborhoods for Investment

Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
79245 $311.5K

Taxes & Financing

Tax Rate (average for all types) 2.07%
Property Tax per SF $24.35 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hall County

New Delisted

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