3041 PARK AVE Memphis, TN ^$ 234,900

3041 PARK AVE

^$ 234,900

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3041 PARK AVE

Memphis, TN, 38111

^$ 234,900

Studio Baths1.0

Monthly Estimate*

^$ 1,641

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Studio

Commercial Property for sale in Memphis, TN

for $234,900 with 1 full bath. This building was built in 1944 on a lot size of 0.31.

Free standing building zoned commercial mixed use on .30 acre corner lot with high visibility. This unit has tons of potential as it operated as a gas station, tire shop and auto repair shop. Sits adjacent to 3047 Park Ave which is 1/3 of a package deal. Population count of 95,000 2554 Park Ave (Residential) & 3047 Park Ave (Residential)

Commercial Pending

Price

^$ 234,900

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 1,440

Style

Industrial

Lot Size

0.31

Year Built

1944

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10156078

Features

General

Roof Other (Call LA)

Zoning CMU-1

Status Pending Pending

Legal Subdivision Name REESE

Stories 1

Class Commercial/Industrial

Type Commercial

Area 757D Pendleton/Park

Road Frontage City Street

Year Built 1944

City Memphis

Exterior

Foundation Other (Call LA)

Number of Buildings 1

Lot Size .31 acres

Parking Facility Concrete

Interior

Hot Water Other (See REMARKS)

Floors Other (See Remarks)

Heating Other (See Remarks)

Offices 2

Restrooms 1

* Excluded Features

List By

Patterson & Assoc. Real Estate

Broker

Affordability Calculator

$1,761

Per Month

Monthly Principal & Interest: $1,641
Monthly Property Taxes: $120
Monthly Home Insurance: --

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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 143%

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
1/25/2024	$234,900	-2.08%	Price Down
12/11/2023	$239,900	-3.65%	Price Down
9/7/2023	$249,000		Listed Price

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3041 PARK AVE, Memphis, TN, 38111 is a Commercial Property for sale at $234,900 with a lot size of 0.31. 3041 PARK AVE is a studio with 1.0 baths and was built in 1944. The property's zip code is 38111 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 4/20/2024.

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3041 PARK AVE

Commercial Property for sale in Memphis, TN

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