For Sale
$225,000

717 Raines Rd Memphis, TN 38116

1700 sq ft Salon, Vacant, $225k

Overview

Added:
Dec 11, 2024
Days on market:
136
This 1700-square-foot vacant retail space, located at 717 E Raines Rd in Memphis, Tennessee, presents a unique investment opportunity. Currently zoned R-10, this single-story, 1951-built building sits on a 19,994-square-foot lot and offers 30 parking spaces. The property features a recently installed roof, central heat and air conditioning, and a fully fenced lot, providing ample outdoor space ideal for various uses. Previously operating as a salon, the space is adaptable for a range of businesses, from professional services to food and beverage establishments. Its prime location in a thriving Memphis neighborhood ensures high visibility and accessibility. The property's turnkey condition, combined with its large lot and ample parking, makes it an attractive option for entrepreneurs and investors alike. The asking price is $225,000, and the property is currently vacant, allowing for immediate occupancy and customization. The APN is 077037 00004. This is a gross lease property.

Highlights

  • High visibility location in a thriving neighborhood with high daily foot traffic.
  • Move-in ready condition with high-quality finishes, ideal for a full-service salon.
  • Spacious lot offering ample parking for clients and staff.
  • Recently installed roof and HVAC systems, minimizing maintenance expenses.

Property Details for 717 Raines Rd

Property type
Retail properties
Square Feet
1,700 SF
Class
C
Year Built
1951
Buildings
1
Stories
1

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.035347908694
Longitude
-90.040142342814

FAQs

What type of property is this?
Retail property - 1700 sq ft Salon, Vacant, $225k
Where is the retail property located?
The property is located at 717 Raines Rd Memphis, TN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: High visibility location in a thriving neighborhood with high daily foot traffic.; Move-in ready condition with high-quality finishes, ideal for a full-service salon.; Spacious lot offering ample parking for clients and staff.
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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717 Raines Rd
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