1551 Netherwood StMemphis, TN 38106

For Sale
$199,999
Prime location, multi-use potential, high traffic.

Overview

Added:
Feb 3
Days on market:
72
This exceptional commercial property at 1551 Netherwood St, Memphis, TN, presents a unique redevelopment opportunity. The 199,999 USD asking price includes the combined parcels 1551, 1549, and 1544 Netherwood Street, offering significant corner frontage and high visibility. The property's rich history includes previous uses as a grocery store, hot wing restaurant, event center, and pizza restaurant, demonstrating its adaptability to a variety of commercial ventures. The combined lot size is not specified, but the property's prominent corner location ensures excellent exposure to pedestrian and vehicular traffic. This makes it ideal for a range of businesses seeking high visibility and accessibility. The building's current condition is not detailed, allowing for complete customization to suit the buyer's specific needs and vision. Investors and developers will appreciate the potential for significant return on investment due to the property's prime location and versatile nature. This is a rare chance to acquire a substantial commercial property in a desirable Memphis location, ready for revitalization and future success. Serious inquiries are encouraged to schedule a viewing and explore the possibilities. The property is sold as-is.

Property Details for 1551 Netherwood St

Property type
Commercial real estate
Year Built
1935

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.11337
Longitude
-90.01063
1551 Netherwood St, Memphis, Tennessee

FAQs

What type of property is this?
Commercial real estate - Prime location, multi-use potential, high traffic.
Where is the commercial real estate located?
The property is located at 1551 Netherwood St Memphis, TN.
What is the asking price?
The asking price for this property is $199,999.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1551 Netherwood St
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