Aerial view of a highlighted retail building and parking lot near the intersection of Memphis Avenue and 50th Street.
Brick commercial building with a red roof and aquarium scenes across its storefront windows.
Aerial view of commercial buildings and parking lots beside a major road and tree-lined neighborhood.
Aerial view of commercial buildings and parking areas beside a major road, with a water tower in the distance.
Aerial view of a commercial district with large retail buildings, intersecting roads, and a water tower.
Aerial view of retail buildings and parking lots beside a multilane road, with a residential neighborhood beyond.
Aerial view of a commercial corridor, large parking lots, retail buildings, and surrounding residential neighborhood.
Aerial view of commercial buildings and parking lots divided by a busy multi-lane road.
Aerial view of commercial buildings, parking lots, and a large open lot beside a street.
Brick commercial storefront with a red roof and aquarium-themed window displays.
Red-brick commercial storefront with a red sloped roof and gravel parking area.
Vacant commercial room with a tiled floor and underwater murals along one wall.
Vacant commercial room with black walls, blue trim, and a stainless utility sink beneath an aquarium store sign.
Vacant commercial interior with turquoise walls, aquarium-themed window graphics, and glass double doors.
Utility room with exposed electrical panels, a wall-mounted sink, and an open restroom doorway.
Single-story brick commercial building with a red roof, colorful storefront windows, and a gravel parking area.
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$400,000

4901 Memphis Avenue

3,694 Sq.Ft. 13,500 Sq.Ft.

Description

We are pleased to present a solid value-add neighborhood commercial opportunity at 4901 Memphis Avenue, located just off the high-traffic intersection of 50th Street and Memphis Avenue in Lubbock, Texas. This +-3,694 SF retail building sits on a +-13,500 SF lot and offers excellent visibility, access, and potential for repositioning.

The property currently includes one long-standing barbershop tenant and one vacant retail unit, previously home to a local aquarium supply store. With ample parking and flexible commercial zoning, this site is ideally suited for a range of retail, service, or owner-occupant uses.

Current tenant has been leasing this property for over 20+ years, with a current monthly rent of $675. The owner is willing to raise this rent for a buyer upon closing.

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Location

4901 Memphis Avenue, Lubbock, TX 79413

Status

For Sale

Property Amenities

Area & Lot
Lot Area 13,500 Sq.Ft.
Living area 3,694 Sq.Ft.
MLS® ID 202555137
Year Built 1969
Type Commercial
Status For Sale
Exterior
Stories 1
Finance
Sales Price $400,000
Jarrett Thornton, smiling with arms crossed in a navy sweater.

Jarrett Thornton

TITLE

Real Estate Broker

Brick commercial building with a red roof and aquarium scenes across its storefront windows.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 4901 Memphis Avenue, Lubbock, TX 79413. We are reviewing your request and will be in touch shortly!

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