1408 GAITHER PKY Memphis, TN ^$ 475,000

1408 GAITHER PKY

^$ 475,000

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1408 GAITHER PKY

Memphis, TN, 38106

^$ 475,000

Bedrooms-- Baths6.0

Monthly Estimate*

^$ 2,925

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Commercial Property for sale in Memphis, TN

for $475,000 with 6 full baths. This building was built in 1980.

Great Business Opportunity to Own Two Well Established Buildings UP and Running. Both are Early Education Centers with Three-Star Ratings. Everything Stays: Furniture and Playground Equipment. Sales include two Buildings: 1408 Gaither Pkwy and 931 S. Parkway East. Four Lots: 1423 College St., 1424 Gaither Pkwy, 1426 Gaither Pkwy, and 1402 Gaither. 24-hour notice for All showings!

Commercial Active

Price

^$ 475,000

Full Bath

Property Type

Commercial

Taxes

^$ 4,191

Style

Year Built

1980

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10208911

Features

General

Roof Metal

Zoning Comm

Status Active Active

Legal Subdivision Name FLOWER PLACE

Stories Count 1

County Shelby

Class Commercial/Industrial

Type Commercial

Area 747B South Memphis/61 Hwy

Parcel Number 014037 00044

Road Frontage City Street

Miscellaneous Security System Furniture Fenced Outside Lighting

Sale/Rent For Sale

Status Detail 0

Location City Free Standing

Year Built 1980

Directions South Parkway East and Mississippi Blvd go West on South Parkway East to Gaither St. (Both Centers are on the corner of Gaither St and South Parkway East).

City Memphis

DOM 12

Exterior

Foundation Slab

Lot 29THRU38

Number of Buildings 2

Lot Size .330AC 144X100

Parking Facility 1-15 Spaces Asphalt/Blacktop

Interior

Hot Water Other (See REMARKS)

Floors Hardwood Vinyl

Heating Other (See Remarks)

Offices 2

Restrooms 6

* Excluded Features

List By

The Peyton Co., Inc., Realtors

Broker

Affordability Calculator

$3,274

Per Month

Monthly Principal & Interest: $2,925
Monthly Property Taxes: $349
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$482,434

Percent of Sale Price 2%

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

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Pricing History

Date	Price	Price Change	Description
10/31/2025	$475,000		Listed Price

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1408 GAITHER PKY, Memphis, TN, 38106 is a Commercial Property for sale at $475,000. 1408 GAITHER PKY has 6.0 baths and was built in 1980. The property's zip code is 38106 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 3/26/2026.

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1408 GAITHER PKY

Commercial Property for sale in Memphis, TN

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