2555 Elvis Presley Blvd Memphis, TN 38106

This exceptional 12,611-square-foot auto shop in Memphis, Tennessee, is offered at $575,000. Located at 2555 Elvis Presley Boulevard, this Class D retail property sits on a 1.02-acre lot with CMU-3 zoning, providing ample opportunity for diverse commercial uses. The building features a 1,500-square-foot office/showroom area and seven 8'x10' drive-in doors, catering to a variety of automotive businesses. Benefitting from high visibility and significant daily traffic counts (13,400 cars) due to its 130-foot frontage on Elvis Presley Boulevard and proximity (one minute) to the I-55 & I-240 interchange, this property also includes a pole sign for enhanced visibility. The asking price is $45.60 per square foot. Note that an additional 5.84 acres of residentially zoned land is adjacent to the south of this property. This prime location and versatile space make this an attractive investment opportunity. The property consists of one single-story building.