619 MADISON AVE Memphis, TN ^$ 450,000

619 MADISON AVE

^$ 450,000

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619 MADISON AVE

Memphis, TN, 38103

^$ 450,000

Studio Baths0.0 Sq 3,505

Monthly Estimate*

^$ 3,143

619 MADISON AVE, Memphis, TN 38103 - Image 1

619 MADISON AVE, Memphis, TN 38103 - Image 2

619 MADISON AVE, Memphis, TN 38103 - Image 3

619 MADISON AVE, Memphis, TN 38103 - Image 4

619 MADISON AVE, Memphis, TN 38103 - Image 5

619 MADISON AVE, Memphis, TN 38103 - Image 6

Studio

Commercial Property for sale in Memphis, TN

for $450,000. This 3,505 square foot building was built in 1948.

A unique commercial property location: South Bluffs/Downtown. Great opportunity for a small business owner. Previously used as an auto service garage. Once was the original Jack Morris Auto Glass Co. Has cement block building in need of renovation.

Commercial Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,589

Style

Auto Service,Franchise,Historical,Industrial,Medic

Year Built

1948

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10161274

Features

General

Roof Flat

Status Active Active

Legal Subdivision Name Madison

Stories 1

Class Commercial/Industrial

Type Commercial

Area 745B South Bluffs/Downtown

Road Frontage City Street

Year Built 1948

City Memphis

Exterior

Foundation Slab

Number of Buildings 1

Lot Size 160/119.6 X 177/68.4

Parking Facility Asphalt/Blacktop

Interior

Hot Water Other (See REMARKS)

Floors Other (See Remarks)

Heating Other (See Remarks)

* Excluded Features

List By

Braden, Braden & Braden Llc

Broker

Affordability Calculator

$3,442

Per Month

Monthly Principal & Interest: $3,143
Monthly Property Taxes: $299
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 27%

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
4/22/2024	$450,000	-9.82%	Price Down
3/15/2024	$499,000	-4.95%	Price Down
2/1/2024	$525,000	-4.55%	Price Down
11/20/2023	$550,000		Listed Price

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619 MADISON AVE, Memphis, TN, 38103 is a Commercial Property for sale at $450,000 with 3,505 sqft. 619 MADISON AVE is a studio with 0.0 baths and was built in 1948. The property's zip code is 38103 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 4/25/2024.

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619 MADISON AVE

Commercial Property for sale in Memphis, TN

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