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5251 US 61 HWY Memphis, TN $ 1,450,000
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5251 US 61 HWY
$ 1,450,000
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5251 US 61 HWY

Memphis, TN, 38109
$ 1,450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,046

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Commercial Property for sale in Memphis, TN

for $1,450,000. This building was built in 1946.

This property would be great for a Gas Station, Restaurant, Car Dealership, Shopping Center, Supermarket, Motel, or much more. The building next door at 5239 is included as a package deal. The interior of 5239 is unfinished. Both properties are being sold "as-is." Both properties together has an approx. acreage of 1.24. Please call agent for showings, and do not approach. Property is currently occupied.

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Commercial Active

Price

$ 1,450,000

Property Type

Commercial

Taxes

$ 3,401

Style

Auto Service,Food Service,Office,Retail,Special Pu

Year Built

1946

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10205222
Features
General
Roof Composition Shingles
Status Active Active
Legal Subdivision Name N/A
Stories Count 2
County Shelby
Class Commercial/Industrial
Type Commercial
Area 765C Coro Lake
Parcel Number 082052 00090
Road Frontage US Highway
Sale/Rent For Sale
Status Detail 0
Location City Free Standing
Year Built 1946
Directions From Interstate 55 N take the exit 7 ramp towards Vicksburg. Continue South about 5.5 miles and the destination will be on the right.
City Memphis
DOM 93
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Exterior
Foundation Conventional/Crawl Space
Number of Buildings 1
Lot Size 100 X 160 IRR
Parking Facility Concrete Gravel
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Interior
Hot Water Electric Hot Water
Floors Partial Carpet
Heating Central
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* Excluded Features
List By
Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$9,330
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,046
Monthly Property Taxes
$283
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/8/2025$1,450,000 Listed Price

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5251 US 61 HWY, Memphis, TN, 38109 is a Commercial Property for sale at $1,450,000. 5251 US 61 HWY was built in 1946. The property's zip code is 38109 which is in Memphis, TN

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