3173 HWY 61 S THIRD ST. AVE Memphis, TN ^$ 349,000

3173 HWY 61 S THIRD ST. AVE

^$ 349,000

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Recently Listed

3173 HWY 61 S THIRD ST. AVE

Memphis, TN, 38109

^$ 349,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,204

3173 HWY 61 S THIRD ST. AVE, Memphis, TN 38109 - Image 1

3173 HWY 61 S THIRD ST. AVE, Memphis, TN 38109 - Image 2

3173 HWY 61 S THIRD ST. AVE, Memphis, TN 38109 - Image 3

3173 HWY 61 S THIRD ST. AVE, Memphis, TN 38109 - Image 4

3173 HWY 61 S THIRD ST. AVE, Memphis, TN 38109 - Image 5

3173 HWY 61 S THIRD ST. AVE, Memphis, TN 38109 - Image 6

3173 HWY 61 S THIRD ST. AVE, Memphis, TN 38109 - Image 7

3173 HWY 61 S THIRD ST. AVE, Memphis, TN 38109 - Image 8

Commercial Property for sale in Memphis, TN

for $349,000. This building was built in 1949.

this property is prime for an investor to restore and renovate. it is a five bay strip center with high income after renovation. seller is motivated to sell. all offers will be considered

Commercial Active

Price

^$ 349,000

Property Type

Commercial

Taxes

^$ 1,381

Style

Retail

Year Built

1949

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10223616

Features

General

Roof Flat

Zoning commer

Status Active Active

Legal Subdivision Name BARTON HEIGHT

Stories Count 1

County Shelby

Class Commercial/Industrial

Type Commercial

Area 747B South Memphis/61 Hwy

Parcel Number 075067 00016 Retail

Road Frontage City Street

Sale/Rent For Sale

Status Detail 0

Location Corner Free Standing Shopping Center Strip Center

Year Built 1949

Directions From I-240 Take third Street exit and Turn left. property is located on the right side. corner of Biscayne and Third

City Memphis

DOM 23

Exterior

Foundation Slab

Number of Buildings 5

Lot Size 233348 SQFT

Parking Facility Asphalt/Blacktop Concrete

Interior

Hot Water Other (See REMARKS)

Floors Other Flooring

Heating Other (See Remarks)

* Excluded Features

List By

Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$2,319

Per Month

Monthly Principal & Interest: $2,204
Monthly Property Taxes: $115
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Commerical listings in Memphis, TN

Average List Price ^$477,941

Percent of Sale Price 37%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/10/2026	$349,000		Listed Price

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3173 HWY 61 S THIRD ST. AVE, Memphis, TN, 38109 is a Commercial Property for sale at $349,000. 3173 HWY 61 S THIRD ST. AVE was built in 1949. The property's zip code is 38109 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing.

Data is updated as of 6/24/2026.

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3173 HWY 61 S THIRD ST. AVE

Commercial Property for sale in Memphis, TN

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