2636 LAMAR AVE Memphis, TN ^$ 1,300,000

2636 LAMAR AVE

^$ 1,300,000

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2636 LAMAR AVE

Memphis, TN, 38114

^$ 1,300,000

Studio Baths2.0

Monthly Estimate*

^$ 9,081

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Studio

Commercial Property for sale in Memphis, TN

for $1,300,000 with 2 full baths. This building was built in 1957.

The Business is priced at $1,000,000 and the buildings and land are priced at $300,000. The Main building has a Roof that is 5 years old, A/C is 10 years, Lobby is new. The Other building has 4 A/C window units 1-2 years old. Current owner has been there for 14 years, and is considered the number one Dry Cleaners in Memphis. His Business is well established.

Commercial Active

Price

^$ 1,300,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 1,640

Style

Retail

Year Built

1957

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10150802

Features

General

Roof Composition Shingles

Zoning CMU-3

Status Active Active

Legal Subdivision Name BURSI RE OF LOT 49 BARRON HEIGHTS SUBDV

Stories 1

Class Commercial/Industrial

Type Commercial

Area 757F Pendleton/Park

Road Frontage City Street

Miscellaneous Security System

Year Built 1957

City Memphis

Exterior

Foundation Slab

Number of Buildings 2

Lot Size 58.1/50X100.24/70.12

Parking Facility 1-15 Spaces Asphalt/Blacktop

Interior

Hot Water Gas Hot Water Public Water

Floors Other Flooring Tile

Heating Central Gas Hot Water/Steam

Offices 1

Restrooms 2

* Excluded Features

List By

Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$9,218

Per Month

Monthly Principal & Interest: $9,081
Monthly Property Taxes: $137
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Memphis, TN

Average List Price ^$571,172

Percent of Sale Price 56%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/23/2023	$1,300,000		Listed Price

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2636 LAMAR AVE, Memphis, TN, 38114 is a Commercial Property for sale at $1,300,000. 2636 LAMAR AVE is a studio with 2.0 baths and was built in 1957. The property's zip code is 38114 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing.

Data is updated as of 12/20/2023.

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2636 LAMAR AVE

Commercial Property for sale in Memphis, TN

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