4901 Memphis Avenue

$400,000

4901 Memphis Avenue

3,694 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

TITLE

Real Estate Agent

PHONE

(806) 781-6740

[email protected]

CONTACT AGENT

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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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$400,000

4901 Memphis Avenue

Description

Share Property

Location

Status

Property Amenities

Area & Lot

Exterior

Finance

Jarrett Thornton

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Explore My Active Listings

$325,000

$87,500

$4,500/mo

Start the Conversation

Get in Touch

Contact Details