2207 3Rd StMemphis, TN 38109

This 3,885 square foot Class B storefront, located at 2207 S. Third St., Memphis, TN 38109, is available for $249,900 ($64.32/sq ft). Currently 100% occupied by an automobile insurance firm, the property offers a unique investment opportunity for an owner-user. The seller, a multi-branch operator, will consolidate operations into another nearby location, requiring a 30-60 day transition period after closing to notify clients. The two-story building sits on a 24,394 square foot lot, conveniently located approximately half a mile north of I-55 on the northwest corner of S. Third and Mallory Streets. Previously a bank, the interior retains teller stations, offering adaptable space for various retail uses. The property presents a strong potential for immediate income generation or conversion to suit a new owner's needs. This is a rare opportunity to acquire a well-located, established retail space in a thriving Memphis neighborhood.