Storefront

Memphis, TX Storefront Properties for Sale

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Downtown Drug Store Building
Updated: Aug 23
Downtown Drug Store Building

506 W Noel Street, Memphis, TX 79245

Contact for pricing
4,999 sqft
4,999‑square‑foot commercial property
Built in 1940
Current home of Memphis Pharmacy
Located on the town square in Memphis, TX
506 W Noel Street address
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Memphis, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Historic Mixed-Use Building
Historic Mixed-Use Building

141 N Main Street, Childress, TX 79201

$485,000
11,455 sqft 0.13 AC lot

Two-story property with storefront, office, loft, and basement areas suited to multiple commercial and residential functions.

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Historic Mixed-Use Corner Building
Historic Mixed-Use Corner Building

141 N Main Street, Childress, TX 79201

$485,000
0.13 AC lot

Two-story commercial property with retail, office, loft residential, and basement areas in downtown Childress.

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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 Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Memphis, TX on our real estate platform. These investment opportunities span a total of 4,999 square feet of properties for sale.

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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
Storefront properties 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 $203.8K

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%

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