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1192 Lamar Ave

Memphis, TN 38104
  • $250,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 10175882
UPDATED: 56 min ago
$250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1952
County:

School Ratings & Info

Description

Commercial building presenting a significant value add opportunity for institutional investors, hedge fund, developers, and portfolio managers. This building possess potential for redevelopment and renovations. Investors not looking for instant equity but long-term growth. Create forced value, stabilize and refinance This is a free-standing building in a prime location with interstate visibility and potential for long term growth and probability. direct customer base, near anchor tenants

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© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-07-12T11:03:50.517.
www.gowenpropertygroup.com/homes/152172211
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1192 Lamar Ave Memphis, TN 38104

  • Price: $250,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 56 min ago
  • MLS #: 10175882
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1952
Built
Neighborhood:
Borland
County:
Shelby
Area:
Central Gardens
Property Description
Commercial building presenting a significant value add opportunity for institutional investors, hedge fund, developers, and portfolio managers. This building possess potential for redevelopment and renovations. Investors not looking for instant equity but long-term growth. Create forced value, stabilize and refinance This is a free-standing building in a prime location with interstate visibility and potential for long term growth and probability. direct customer base, near anchor tenants
Exterior Features

Buildings 1 Location CornerFree StandingOffice Building Lot Size 169.7/155.7 X 195/42 Parking Facility 1-15 SpacesConcreteCovered Road Frontage Interstate Roof Other (Call LA) Truck Loading Door Height No Truck Door

Interior Features

Average Ceiling Height 11-12.9 Feet Cooling System Other (See Remarks) Floors Other (See Remarks) Foundation Other (Call LA) Heating System Other (See Remarks) Hot Water Other (See REMARKS)

Property Features

Annual City Tax 2401 Annual County Tax 3013 Commercial Type Commercial Contingency Type No Contingency Existing Financing Other (See Remarks) Information Available Other (See REMARKS) Legal Subdivision Name BORLAND ETC BLK TRI Lot Number 1 New Financing Cash OnlyConventional Possession Lease Possession at Closing Sale Includes Signage Tenant Pays Other (See REMARKS) Type Usage OfficeOther (See REMARKS)

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of PottersHouse Realty, LLC: 901-610-3106.



© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-07-12T11:03:50.517.
 
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