Last Updated: 2/19/2017 3:24 PM
Description for 5002 S Highway UNIT 61 UNIT 61 Memphis, TN 38109
5002 Hwy 61 S is a furnished operating grocery store for over 50 years and fully equipped with Meat Market and walk in freezer. Store size is over 4,000 sq. ft. and the separate building formerly tattoo shop is approximately 1,300 sq. ft. also included in sales price. There is a third property 5026 Weaver Rd. available on 2.35 acres with approximately 900 sq.ft. zoned residential across from grocery store for an additional $50,000.
Public Water Service
Floor Furnace, Central
Exterior / Lot Features
Freestanding, Corner, City Road, US Highway
Current market conditions for 5002 S Highway UNIT 61 UNIT 61
Active Market Trends
Median list price$86,000
Days on market95
Properties for sale1,863
Sold Market Trends
Median sold price$110,000
Sales to list price9,573.0%
Median sq ft price$66
Arrows indicate 90 day trend
Listing Price History for 5002 S Highway UNIT 61 UNIT 61
Memphis Real Estate
Memphis is located in Tennessee. Memphis, Tennessee 38109 has a population of 651,050.
The median household income in Memphis, Tennessee 38109 is $36,817. The median household income for the surrounding county is $46,251 compared to the national median of $53,046. The median age of people living in Memphis 38109 is 33.1 years.
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