618 N THIRD ST Memphis, TN $ 150,000
618 N THIRD ST
$ 150,000
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618 N THIRD ST

Memphis, TN, 38107
$ 150,000
Bedrooms-- Baths--

Monthly Estimate*

$ 936

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Commercial Property for sale in Memphis, TN

for $150,000. This building was built in 1940.

Conveniently located on a corner across from other businesses, these 2 for 1 lots would be perfect for apartments, townhomes, or single-family homes! This robust area is located within walking distance of St. Jude Children's Research Hospital, & Bass Pro Shops at The Pyramid. Just minutes away from downtown Memphis, The Mississippi River, Beale Street, FedExForum, The Orpheum Theatre, & Harbor Town, this location is the ideal spot for downtown living!! The property is surrounded by nicely paved alleyways & streets, has a concrete perimeter, & sidewalks on the front. All vehicles will be removed from the lots prior to closing. This lot is sold along with the lot next to it for one price, $150,000. The address to the lot next to it is: 620 N. Third St, Memphis, TN 38107, Parcel ID: 001075 00010. Only the lots are for sale. The seller is motivated. Price is negotiable.

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Commercial Active

Price

$ 150,000

Property Type

Commercial

Taxes

$ 884

Style

Auto Service

Year Built

1940

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10189482

Features
General
Roof Metal
Status Active Active
Legal Subdivision Name GREENLAW
Stories Count 1
County Shelby
Class Commercial/Industrial
Type Commercial
Area 741C Harbor Town/Downtown
Parcel Number 001075 00009
Road Frontage City Street
Sale/Rent For Sale
Status Detail 0
Location City Corner
Year Built 1940
Directions From The FedEx Forum head North on B.B. King Blvd. Keep going until you cross over Poplar Ave. B.B. King Blvd becomes N Third St. The destination will be on the right at the corner of Saffarans Ave
City Memphis
DOM 314
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Exterior
Foundation Slab
Lot C531&PT
Number of Buildings 1
Lot Size 74.416X115.25
Parking Facility Gravel
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Interior
Hot Water Other (Call LA)
Floors Other Flooring
Heating Space Heater
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* Excluded Features
List By
Kaizen Realty, Llc

Broker

Affordability Calculator

$1,009
Per Month
93%
7%
0%
Monthly Principal & Interest
$936
Monthly Property Taxes
$74
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
Pricing History
DatePricePrice ChangeDescription
6/25/2025$150,000 -50.00% Price Down
4/24/2025$300,000 -70.00% Price Down
2/6/2025$1,000,000 Listed Price

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618 N THIRD ST, Memphis, TN, 38107 is a Commercial Property for sale at $150,000. 618 N THIRD ST was built in 1940. The property's zip code is 38107 which is in Memphis, TN