Memphis, TN 38109,5123 S THIRD ST S
Memphis, TN 38109,5123 S THIRD ST S
Memphis, TN 38109,5123 S THIRD ST S
Memphis, TN 38109,5123 S THIRD ST S
Memphis, TN 38109,5123 S THIRD ST S
Memphis, TN 38109,5123 S THIRD ST S
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$160,000

$200,000

20.0%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 02/28/2023

Key Details

Sold Price $160,000

Property Type Commercial

Sub Type Other (See REMARKS)

Listing Status Sold

Purchase Type For Sale

Subdivision Goodman Re Blk B

MLS Listing ID 10131561

Sold Date 02/28/23

Year Built 1959

Annual Tax Amount $5,915

Property Sub-Type Other (See REMARKS)

Property Description

***PRICE REDUCTION***Great development opportunity for all investors looking to invest in commercial retail property. All 3 building would be great for retail stores and/or offices. Property sits on 3.04 acres with 727' of frontage on Hwy 61. Traffic count of average 12k to the north of the property and 14k to the south. Zoning us CMU-3. The oldest building is historic (JOURNEY MOTEL COURT) that was built in 1943 ****Motivated seller***

Location

State TN

County Shelby

Area Coro Lake

Interior

Heating Other (See Remarks)

Cooling Other (See Remarks)

Flooring Other Flooring

Exterior

Parking Features Concrete, Gravel

Roof Type Other (Call LA)

Building

Story 2

Foundation Slab

Water Other (See REMARKS)

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by Leah V Douglas-Wooten • Progressive Realty Services
Bought with Leah V Douglas-Wooten • Progressive Realty Services
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