5199 US 61 HWY S Memphis, TN ^$ 300,000

5199 US 61 HWY S

^$ 300,000

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5199 US 61 HWY S

Memphis, TN, 38109

^$ 300,000

Studio Baths0.0

Monthly Estimate*

^$ 2,096

5199 US 61 HWY S, Memphis, TN 38109 - Image 1

5199 US 61 HWY S, Memphis, TN 38109 - Image 2

Studio

Commercial Property for sale in Memphis, TN

for $300,000. This building was built in 1951.

May be sold as a package with 5193 or separately. Busy location with great visibility and parking.

Commercial Active

Price

^$ 300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,437

Style

Auto Service,Retail,Special Purpose

Year Built

1951

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10160043

Features

General

Roof Other (Call LA)

Status Active Active

Legal Subdivision Name OLD HOME TOWN

Stories 1

Class Commercial/Industrial

Type Commercial

Area 765C Coro Lake

Road Frontage US Highway

Year Built 1951

City Memphis

Exterior

Foundation Slab

Number of Buildings 1

Lot Size 200 X 150

Parking Facility Asphalt/Blacktop Gravel

Interior

Hot Water Gas Hot Water

Floors Other (See Remarks)

Heating Gas

* Excluded Features

List By

Chamberwood Realty Group

Broker

Affordability Calculator

$2,299

Per Month

Monthly Principal & Interest: $2,096
Monthly Property Taxes: $203
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 90%

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
11/1/2023	$300,000		Listed Price

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5199 US 61 HWY S, Memphis, TN, 38109 is a Commercial Property for sale at $300,000. 5199 US 61 HWY S is a studio with 0.0 baths and was built in 1951. The property's zip code is 38109 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 11/14/2023.

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5199 US 61 HWY S

Commercial Property for sale in Memphis, TN

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