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  • 1 ACRES
  • - Commercial For Sale

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Description for 300 Poplar Ave MLS# 10074074

Excellent opportunity to own this store front retail space, gas station and convenience store located on the high traffic Poplar Ave in Downtown Memphis. The gas station is situated on a major intersection with a traffic count of 21,000 vehicles/day and 88,000 people working in Downtown Memphis. Located in the heart of the central business improvement district (CBID) the service station is neighbors with large downtown employers such as Service Master, Auto Zone, & City of Memphis.

General Features

  • Property For
    Sale
  • Listing Type
    Commercial
  • Style
    Commercial
  • Number of Stories
    2
  • Year Built
    1964
  • County
    Shelby
  • Subdivision
    Lenew Resub Lt 505 Plan Of Memphis
  • Approx. Lot Size
    127.78 X 212.4 IRR
  • Approx. Acreage*
    1
  • Price
    $9,000,000

Additional Details

Construction
Other (Call LA)
Foundation
Other (Call LA)
Location
Free Standing,City
Miscellaneous
Fuel Pump(s)
Num Of Buildings
2
Parking Facility
Concrete
Seating Capacity
1-10
Truck Loading Door Height
6-8.9 Feet
Type Usage
Retail,Auto Service,Other (See REMARKS)
Annual City Tax
8081
Annual County Tax
10387
Tenant Pays
Other (See REMARKS)
Average Ceiling Height
8-10.9 Feet
Floors
Other (See Remarks)
Roof
Flat

Lot

Lot Num
3-6
Road Frontage
City Street
Cooling System
Other (See Remarks)
Heating System
Other (See Remarks)
Hot Water
Other (Call LA)

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Market Research


 

Memphis Commercial Values

Average List Price:
$662,890
Average Sold Price:
$191,400
Average Price per SQFT:
$56
Average Days on Market:
355
Number of Properties for Sale:
44,385
Vs.

This Property

List Price:
$9,000,000
Approx. Price per SQFT:
N/A
Days on Website:
382 (Apr 02, 2020)

Pricing Considerations

List Price:
$9,000,000
Annual City Tax:
8081
Annual County Tax:
10387
Tenant Pays:
Other(SeeREMARKS)

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