4012 THOMAS ST Memphis, TN $ 50,000
4012 THOMAS ST
$ 50,000
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4012 THOMAS ST

Memphis, TN, 38127
$ 50,000
Bedrooms-- Baths--

Monthly Estimate*

$ 345

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Commercial Property for sale in Memphis, TN

for $50,000. This building was built in 1946.

Here's an opportunity to take this Blank Canvas inside and make it your own. There are endless opportunities. It was previously used a Bar/Tavern at one point, Its a Corner lot of with high volume traffic daily and surrounded by other businesses. Buyer to verify Zoning and Tax related questions. Property was purchased in a TAX SALE and Owner has owned it for several years, There is NO Redemption Period. Please check with your Title Company to see if they can close a Tax Sale Property. I do have Referrals that can do so or cose with the Seller's Attorney. Feel free to reach out to me. Seller prefers a CASH SALE ONLY. Building is Vacant, please do Inspections prior to making an offer, There are no Utilities and no Contingencies with the offer. ***Cash Buyers must show Verifiable Proof of Funds***

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Commercial Active

Price

$ 50,000

Property Type

Commercial

Taxes

$ 546

Style

Food Service,Industrial

Year Built

1946

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10233219

Features
General
Roof Shingle/Shake
Zoning IH
Status Active Active
Legal Subdivision Name OVERTON
Stories Count 1
County Shelby
Class Commercial/Industrial
Type Heavy Industrial/Manufact
Area 724B Westside
Parcel Number 069065 00001
Road Frontage City Street US Highway
Sale/Rent For Sale
Status Detail 0
Location City Corner Free Standing Other (See REMARKS)
Year Built 1946
Directions Go to Frayser Blvd nad Hwy 51 go North on 51 1.5 mi Property sits at the Corner of Cornell and Thomas Hwy 51.
City Memphis
DOM 0
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Exterior
Foundation Slab
Lot 1 & 7
Number of Buildings 1
Lot Size 9932
Parking Facility Asphalt/Blacktop Gravel
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Interior
Hot Water Public Sewer Available Public Water Available
Floors Other (See Remarks)
Heating Other (See Remarks)
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* Excluded Features
List By
Zach Taylor Real Estate

Broker

Affordability Calculator

$391
Per Month
88%
12%
0%
Monthly Principal & Interest
$345
Monthly Property Taxes
$46
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/26/2026$50,000 Listed Price

Map


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4012 THOMAS ST, Memphis, TN, 38127 is a Commercial Property for sale at $50,000. 4012 THOMAS ST was built in 1946. The property's zip code is 38127 which is in Memphis, TN