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    Memphis, TX Storefront Properties for Sale

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    Downtown Drug Store Property
    Updated: Aug 14
    Downtown Drug Store Property

    506 W Noel Street, Memphis, TX 79245

    $328,000
    1940 construction with brick veneer exterior
    Located on the town square at 506 W Noel Street
    Associated with Memphis Pharmacy
    Central air cooling
    Carpet and tile flooring
    View details
    Highway-Frontage Restaurant Building
    Updated: Apr 17
    Highway-Frontage Restaurant Building

    1313 Boykin Dr., Memphis, TX 79245

    $79,500
    Commercial building previously used as a restaurant
    Highway 287 frontage
    Located at 1313 Boykin Dr. in Memphis, TX 79245
    Situated in Hall County
    View details
    Downtown Drug Store Building
    Downtown Drug Store Building

    506 W Noel Street, Memphis, TX 79245

    Contact for pricing
    4,999 sqft

    Established commercial property occupying a central position on the Memphis town square.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    View details
    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.

    View details
    Brick Storefront Property
    Brick Storefront Property

    211 N Main Street, Shamrock, TX 79079

    $99,900

    Central air serves a combination of office and open commercial areas.

    View details

    Memphis, TX Storefront Properties Market Trends and Statistics

    Explore 3 storefront properties for sale in Memphis, TX, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,999 square feet of properties for sale, with an estimated market value of $407,500.

    Sale prices for retail units in Memphis, TX start at $79,500, averaging $203,750, 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

    Storefront properties 3
    Drug stores 2
    Auto shops 1
    Automotive 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%

    Listings Trend

    New vs delisted commercial listings in Hall County

    New Delisted

    Total CRE Inventory on Market (SF)

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