3165 Forest Hill-Irene Rd

    Germantown, TN 38138
    • $1,799,000
    • STATUS: Active
    • ON SITE: 292 days
    • ID#: 10055073
    UPDATED: 69 min ago
    $1,799,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1981
    County:

    School Ratings & Info

    Description

    Developed as a stand alone restaurant in 1998, the property appears to be under utilized for a commercial corner out parcel located within the Germantown, TN City Limits. Current Improvements include an 8,750 sf Commercial Restaurant and out buildings along with paved parking for 103 marked parking spots, all of which sit on 2.744 ac. The location is prime which makes it a great candidate for redevelopment. Driving the potential for redevelopment is the new elementary school across the street

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    © 2020 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 Crye-Leike Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2020-04-02T00:03:05.183.
    www.yourkeytomemphishomes.com/homes/95929121

    3165 Forest Hill-Irene Rd Germantown, TN 38138

    • Price: $1,799,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 10055073
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1981
    Built
    Neighborhood:
    Ceres Land Corp Site Plan
    County:
    Shelby
    Area:
    Germantown - South
    Property Description
    Developed as a stand alone restaurant in 1998, the property appears to be under utilized for a commercial corner out parcel located within the Germantown, TN City Limits. Current Improvements include an 8,750 sf Commercial Restaurant and out buildings along with paved parking for 103 marked parking spots, all of which sit on 2.744 ac. The location is prime which makes it a great candidate for redevelopment. Driving the potential for redevelopment is the new elementary school across the street
    Exterior Features

    Buildings 1 Location CityCornerFree Standing Lot Size 119566 SF 2.74 AC Parking Facility 76 Or More SpacesAsphalt/Blacktop Road Frontage City Street Roof Built-Up Truck Loading Door Height No Truck Door

    Interior Features

    Average Ceiling Height 11-12.9 Feet Cooling System Central CoolingElectric Cooling Floors Hardwood Foundation Slab Heating System Central Hot Water Gas Hot Water Restrooms 2

    Property Features

    Annual City Tax 9412 Annual County Tax 21312 Commercial Type Commercial Contingency Type No Contingency Existing Financing Clear Information Available Leases Legal Subdivision Name Pt Ceres Land Corp Site Plan Miscellaneous Security SystemRest Rooms New Financing Cash OnlyConventional Possession Lease 1-5 Years LeasePossession NegotiableTenants Rights Sale Includes Building And LandNo Furnishings Tenant Pays All UtilitiesCommon Area MaintenanceElectricityHeatInside RepairsJanitorial ServicesOutside LightingTrash RemovalWater/Sewer Type Usage Food ServiceRetail

    Listing information © 2020 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Morris Realty & Auction, Llc.



    © 2020 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 Crye-Leike Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2020-04-02T00:03:05.183.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120