4040 N WATKINS ST Memphis, TN $ 599,000
4040 N WATKINS ST
$ 599,000
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4040 N WATKINS ST

Memphis, TN, 38127
$ 599,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,137

4040 N WATKINS ST, Memphis, TN 38127 - Image 1
4040 N WATKINS ST, Memphis, TN 38127 - Image 2
4040 N WATKINS ST, Memphis, TN 38127 - Image 3

Commercial Property for sale in Memphis, TN

for $599,000. This building was built in 1986.

Versatile commercial property offering approximately 13,200 SF of retail and warehouse space near the Thomas Street/Hwy 51 corridor. Four vacant, rent-ready suites include a turnkey restaurant with kitchen equipment and fixtures, complemented by a separate 5,000 SF secured warehouse with 14-foot clear height. Updated electrical, plumbing, lighting, and HVAC provide a strong starting point for your business or investment plans. Approximately 210 feet of frontage, pylon signage, and ample parking support visibility and access. An existing cell tower ground lease provides supplemental income. Occupy a portion and lease the remaining space, or lease the property to multiple businesses.

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Commercial Active

Price

$ 599,000

Property Type

Commercial

Taxes

$ 8,453

Style

Warehouse

Year Built

1986

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10233911

Features
General
Roof Metal
Status Active Active
Legal Subdivision Name Overton Unrec
Stories Count 1
County Shelby
Class Commercial/Industrial
Type Commercial
Area 7251 Frayser - North
Parcel Number 069067 00022 + 069067 00022L
Road Frontage City Street
Miscellaneous Security System Loading Dock(s) Outside Storage
Sale/Rent For Sale
Status Detail 0
Location Office Building Strip Center Shopping Center
Year Built 1986
Directions From Frayser Boulevard turn north onto N Watkins Street. Continue north to 4040 N Watkins Street.
City Memphis
DOM 0
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Exterior
Foundation Slab
Number of Buildings 2
Lot Size 4.08
Parking Facility Asphalt/Blacktop
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Interior
Hot Water Electric Hot Water Gas Hot Water
Floors Tile Vinyl Partial Carpet
Heating Central Gas Electric
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* Excluded Features
List By
Grand Point Realty, Llc

Broker

Affordability Calculator

$4,842
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,137
Monthly Property Taxes
$704
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
11/6/2026$599,000 Listed Price

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4040 N WATKINS ST, Memphis, TN, 38127 is a Commercial Property for sale at $599,000. 4040 N WATKINS ST was built in 1986. The property's zip code is 38127 which is in Memphis, TN