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385 SCOTT ST Memphis, TN $ 275,000
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$ 275,000 Get more info
385 SCOTT ST
$ 275,000
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385 SCOTT ST

Memphis, TN, 38112
$ 275,000
Baths0.0

Monthly Estimate*

$ 1,828

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Studio

Commercial Property for sale in Memphis, TN

for $275,000. This building was built in 1945.

You's Grocery, a neighborhood market that has been in community for over 30 years. offers a prime investment opportunity with its long-standing history and loyal customer base. 387 and 391 Scott St., this property consists of two connecting spots. two tenants, with one paying $500 and the other $600 per month on a month-to-month lease. One of the leases is set to expire in July 2024. Includes all store equipment, and the inventory, valued at $35,000. The property is being sold as-is.

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Commercial Active

Price

$ 275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,212

Style

Retail

Year Built

1945

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10170323
Features
General
Roof Composition Shingles
Status Active Active
Legal Subdivision Name BINGHAMPTON BLK 28
Stories 1
Class Commercial/Industrial
Type Commercial
Area 754A Chickasaw Gardens
Road Frontage City Street
Year Built 1945
City Memphis
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Exterior
Foundation Slab
Number of Buildings 1
Lot Size 150.7/150 X 90.8/103.47
Parking Facility 1-15 Spaces Asphalt/Blacktop
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Interior
Hot Water Electric Hot Water
Floors Tile
Heating Space Heater
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* Excluded Features
List By
Keller Williams

Broker

Affordability Calculator

$2,012
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,828
Monthly Property Taxes
$184
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
THE TIME TO SELL IS NOW!
Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/18/2024$275,000 Listed Price

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385 SCOTT ST, Memphis, TN, 38112 is a Commercial Property for sale at $275,000. 385 SCOTT ST is a studio with 0.0 baths and was built in 1945. The property's zip code is 38112 which is in Memphis, TN

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