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Description for 3108 Park Ave

MLS# 10129100

Crye-Leike Commercial is pleased to present this Commercial Kitchen in the heart of Park Avenue Terrace which is a high-density area. The business is ideally located within walking distance of single-family homes, student housings, and apartment complexes easily accessed at a major intersection with parking available. It is spacious and filled with all equipment which makes it turn-key ready!

General Features Property for Sale

  • Price
    $125,000
  • Listing Type
    Commercial
  • MLS#
    10129100
  • Style
    Commercial
  • Number of Stories
    1
  • Year Built
    1955
  • County
    Shelby
  • Subdivision
    Park Terrace
  • Approx. Lot Size
    0.198
  • Approx. Acreage*
    0.22

Additional Details

General

Foundation : Slab
Num Of Buildings : 1
Parking Facility : Asphalt/Blacktop, 1-15 Spaces
Tradeor Business Name : Commerical Kitchen
Truck Loading Door Height : 9-12 Feet
Type Usage : Retail

Financial

Annual City Tax : $19,080
Annual County Tax : $0
Tenant Pays : All Utilities

Interior

Average Ceiling Height : 8-10.9 Feet
Floors : Tile, Vinyl

Exterior

Construction : Brick
Roof : Composition Shingles

Lot

Location : City
Road Frontage : City Street
Zoning : Cmu-2

Equipment

Cooling System : Central Cooling
Heating System : Central, Gas
Hot Water : Electric Hot Water

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Market Research

This Property

  • $125,000

    List Price

  • 195

    Days on Website (Jul 19, 2022)

Memphis Commercial Values

  • $538,375

    Average List Price

  • 304

    Average Days on Market

  • $407,691

    Average Sold Price

  • 18,773

    Number of Properties for Sale

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