For Sale
$175,000

1924 Hearst AveMemphis, TN 38114

Memphis QSR/Convenience Store, $175K

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Memphis commercial property, located at 1924 Hearst Ave, presents a unique investment opportunity. The single-story building, constructed in 1954, sits on a sizable 8,524 square foot (0.2-acre) lot in the CMU-1 zoned area of Shelby County, TN, zip code 38114. The property features ample parking with 15 spaces, ensuring convenient customer access. Ideal for a quick-service restaurant (QSR) or convenience store, this location benefits from high visibility and significant foot traffic within a thriving commercial district. Recent upgrades include a new 2-ton HVAC system, updated plumbing and electrical systems, a new roof, and a new hot water heater, minimizing immediate capital expenditure needs for the new owner. The asking price is $175,000. This property offers a strong foundation for a successful business venture, combining a desirable location with recently completed renovations. The property's size and zoning make it suitable for a variety of uses within the QSR and convenience store categories. Don't miss this chance to acquire a well-maintained, high-traffic commercial property in a prime Memphis location. Contact us today to schedule a viewing.

Highlights

  • 1924 Hearst Ave, Memphis, TN 38114: $175,000 asking price.
  • Single-story building (1954 construction) on an 8,524 sq ft lot (0.2 acre) in CMU-1 zoning.
  • Ample parking: 15 spaces.
  • High visibility and foot traffic in a thriving commercial district, ideal for QSR or convenience store.
  • Recently renovated: new HVAC, plumbing, electrical, roof, and hot water heater.

Property Details for 1924 Hearst Ave

Property type
Retail properties, Grocery and convenience stores
Year Built
1954
Buildings
1
Stories
1
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0965171
Longitude
-89.9986924
1924 Hearst Ave, Memphis, Tennessee

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1924 Hearst Ave
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