For Sale
$499,000

619 Madison AveMemphis, TN 38103

Prime Retail Space, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 3,503 square foot retail property, located at 619 Madison Avenue in Memphis, Tennessee, presents a unique investment opportunity. Currently configured as a four-bay mechanic shop, this versatile space offers significant potential for a variety of retail uses. Situated in the heart of Memphis, near the downtown core, this property benefits from high visibility and excellent access to major transportation routes. The asking price is $499,000, translating to a price per square foot of $149.87. The property is zoned for retail use and features a single unit within a shopping center setting. Its convenient location within Shelby County, zip code 38103, ensures easy access to a large customer base. The property's size and location make it ideal for a variety of retail businesses seeking a high-traffic location in a thriving urban environment. This is a rare opportunity to acquire a well-positioned retail space in a desirable Memphis neighborhood. The property's existing structure provides a solid foundation for immediate occupancy or potential redevelopment, offering flexibility to suit the needs of a discerning buyer. Serious inquiries are encouraged to explore this promising investment prospect. The property is ready for immediate possession.

Highlights

  • $499,000 asking price for this Memphis retail property.
  • 3,503 square foot shopping center.
  • Located at 619 Madison Ave, Memphis, TN 38103.
  • Priced at $149.87 per square foot.
  • Single-unit retail building.

Property Details for 619 Madison Ave

Property type
Lifestyle centers, Power centers
Square Feet
3,503 SF
Units
1

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.141654
Longitude
-90.04043
619 Madison Ave, Memphis, Tennessee

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619 Madison Ave
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