3240 N WATKINS ST Memphis, TN $ 85,000
3240 N WATKINS ST
$ 85,000
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3240 N WATKINS ST

Memphis, TN, 38127
$ 85,000
Bedrooms-- Baths2.0

Monthly Estimate*

$ 523

3240 N WATKINS ST, Memphis, TN 38127 - Image 1
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3240 N WATKINS ST, Memphis, TN 38127 - Image 12

Commercial Property for sale in Memphis, TN

for $85,000 with 2 full baths. This building was built in 1940.

Great opportunity to establish your business in a lively North Memphis community! Property features include fresh interior and exterior paint, a new small kitchen and laundry area, a new water heater, a new HVAC system, new interior light fixtures, a replaced exterior door, a secure fenced lot, a wooden deck, a new roof, and parking available for about 10 cars. Zoned CMU-1, a variety of retail and office uses are permitted. Also, it can be converted to a residential property by making interior modifications to meet residential code requirements.

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Commercial Active

Price

$ 85,000

Full Bath

2

Property Type

Commercial

Taxes

$ 622

Style

Retail,Office,Food Service,Medical,Building Trade

Year Built

1940

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10218992

Features
General
Roof Composition Shingles
Status Active Active
Legal Subdivision Name THRIFT FARM
Stories Count 1
County Shelby
Class Commercial/Industrial
Type Other (See REMARKS)
Area 727A Frayser - East
Parcel Number 072017 00021
Road Frontage City Street
Sale/Rent For Sale
Status Detail 0
Location Free Standing City
Year Built 1940
Directions From 240 take Exit 3 to North Watkins St. The property is on your right.
City Memphis
DOM 1
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Exterior
Foundation Conventional/Crawl Space
Lot 1
Number of Buildings 1
Lot Size 60X126
Parking Facility Enclosed Secured 1-15 Spaces
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Interior
Hot Water Gas Hot Water Other (See REMARKS)
Floors Other (See Remarks)
Heating Central
Restrooms 2
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* Excluded Features
List By
Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$575
Per Month
91%
9%
0%
Monthly Principal & Interest
$523
Monthly Property Taxes
$52
Monthly 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
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2026$85,000 Listed Price

Map


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3240 N WATKINS ST, Memphis, TN, 38127 is a Commercial Property for sale at $85,000. 3240 N WATKINS ST has 2.0 baths and was built in 1940. The property's zip code is 38127 which is in Memphis, TN