4557 US 61 HWY Memphis, TN $ 315,000
4557 US 61 HWY
$ 315,000
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4557 US 61 HWY

Memphis, TN, 38109
$ 315,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,940

4557 US 61 HWY, Memphis, TN 38109 - Image 1
4557 US 61 HWY, Memphis, TN 38109 - Image 2
4557 US 61 HWY, Memphis, TN 38109 - Image 3
4557 US 61 HWY, Memphis, TN 38109 - Image 4
4557 US 61 HWY, Memphis, TN 38109 - Image 5

Commercial Property for sale in Memphis, TN

for $315,000. This building was built in 1967.

Great Opportunity for Owner/User, Used Auto Dealer, other Retail Operator or for Investments Purposes. Last leased for $3,200.00 per month on NNN Lease. Positioned on heavily traveled and known highway at the border of North Mississippi. Abundant parking spaces! Fully fenced, office building and multi-car repair garage on site. Zoned and licensed for Used Auto Sales. Can also be Storage for Equipment/Autos/Dumpsters etc., Tow Lot, Contractor Offices, General Business Office, Retail etc. Priced to sell! Won’t last long. Tenant recently moved out and property needs some renovations and clean up. Owner will complete renovations at a higher sales price.

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Commercial Active

Price

$ 315,000

Property Type

Commercial

Taxes

$ 2,890

Style

Auto Service,Food Service,Office,Retail

Year Built

1967

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10216969

Features
General
Roof Metal
Status Active Active
Legal Subdivision Name RICHARDSON
Stories Count 1
County Shelby
Class Commercial/Industrial
Type Commercial
Area 765A Coro Lake
Parcel Number 075155 00002
Road Frontage US Highway
Sale/Rent For Sale
Status Detail 0
Location City Free Standing
Year Built 1967
Directions 4557 US Hwy 61 / S Third St. Memphis TN 38109
City Memphis
DOM 1
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Exterior
Foundation Slab
Lot 2
Number of Buildings 2
Lot Size 24850SF 100.8X259.8
Parking Facility 31-75 Spaces Covered
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Interior
Hot Water Gas Hot Water
Floors Other Flooring
Heating Gas Space Heater
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* Excluded Features
List By
Independence Realty&Investment

Broker

Affordability Calculator

$2,180
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
$241
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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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
3/17/2026$315,000 Listed Price

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4557 US 61 HWY, Memphis, TN, 38109 is a Commercial Property for sale at $315,000. 4557 US 61 HWY was built in 1967. The property's zip code is 38109 which is in Memphis, TN