2850 OLD AUSTIN PEAY HWY Memphis, TN $ 789,000
2850 OLD AUSTIN PEAY HWY
$ 789,000
Share Save

2850 OLD AUSTIN PEAY HWY

Memphis, TN, 38128
$ 789,000
Bedrooms-- Baths10.0

Monthly Estimate*

$ 4,922

2850 OLD AUSTIN PEAY HWY, Memphis, TN 38128 - Image 1
2850 OLD AUSTIN PEAY HWY, Memphis, TN 38128 - Image 2
2850 OLD AUSTIN PEAY HWY, Memphis, TN 38128 - Image 3
2850 OLD AUSTIN PEAY HWY, Memphis, TN 38128 - Image 4
2850 OLD AUSTIN PEAY HWY, Memphis, TN 38128 - Image 5
2850 OLD AUSTIN PEAY HWY, Memphis, TN 38128 - Image 6
2850 OLD AUSTIN PEAY HWY, Memphis, TN 38128 - Image 7

Commercial Property for sale in Memphis, TN

for $789,000 with 10 full baths. This building was built in 1974.

Welcome to 2580 Old Austin Peay — a distinctive and versatile property offering incredible potential. This expansive building features multiple offices, classrooms, restrooms, and kitchen areas, making it ideal for continued community, religious, or educational use, or for conversion to other commercial purposes. The property sits on a generous lot with excellent visibility, easy access, and ample parking. With plenty of square footage and flexible spaces, this property can easily adapt to meet a variety of organizational or business needs. The seller has recently reduced the price to encourage a faster sale — don’t miss this outstanding opportunity to secure a property with space, location, and versatility at exceptional value. Offered AS IS.

See more

Commercial Active

Price

$ 789,000

Full Bath

10

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1974

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10206439

Features
General
Roof Shingle/Shake
Status Active Active
Legal Subdivision Name GREENS ADDN TO RALEIGH & PT AUSTIN PEAY
Stories Count 2
County Shelby
Class Commercial/Industrial
Type Commercial
Area 7337 Raleigh - Southeast
Parcel Number 088002 00007C
Road Frontage Other (See REMARKS)
Sale/Rent For Sale
Status Detail 0
Location Corner
Year Built 1974
Directions Head west on Stage Rd toward Shelby St Turn left onto Covington Pike Turn right onto Raleigh Lagrange Rd Turn left to stay on Raleigh Lagrange Rd Turn right then slight left then turn right
City Memphis
DOM 84
See more
Exterior
Foundation Slab
Lot 9
Number of Buildings 1
Lot Size 152983
Parking Facility Asphalt/Blacktop
See more
Interior
Hot Water Electric Hot Water
Floors Other Flooring
Heating Central
Restrooms 10
See more
* Excluded Features
List By
2 Rivers Realty, Llc

Broker

Affordability Calculator

$4,922
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,922
Monthly Property Taxes
--
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2025$789,000 -20.22% Price Down
9/25/2025$989,000 Listed Price

Map


See all

2850 OLD AUSTIN PEAY HWY, Memphis, TN, 38128 is a Commercial Property for sale at $789,000. 2850 OLD AUSTIN PEAY HWY has 10.0 baths and was built in 1974. The property's zip code is 38128 which is in Memphis, TN