Skip To Content

4040 N Watkins St

Memphis, TN 38127
  • $850,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: 10113023
UPDATED: 21 min ago
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1986
County:

School Ratings & Info

Description

Fantastic property with lots of potential. 5 retail spaces in the main building, one large shop in the rear of the property. Renovated in 2018 and has had ongoing maintainance and improvements. Fully equipped restaurant. Equipment COULD be included in the sale depending on the offer. Lots of good features. The sale includes another lot where a Cellphone towers sits. The lease will be renewed for another 20 years. Great for owner occupied or investor. AS-IS SELLING DUE TO HEALTH REASONS.

Monthly Payment Calculator



© 2021 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: 2021-12-02T17:03:15.55.
www.yourkeytomemphishomes.com/homes/123422380
Print Image

4040 N Watkins St Memphis, TN 38127

  • Price: $850,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 21 min ago
  • ID#: 10113023
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1986
Built
Neighborhood:
Overton
County:
Shelby
Area:
Frayser - North
Property Description
Fantastic property with lots of potential. 5 retail spaces in the main building, one large shop in the rear of the property. Renovated in 2018 and has had ongoing maintainance and improvements. Fully equipped restaurant. Equipment COULD be included in the sale depending on the offer. Lots of good features. The sale includes another lot where a Cellphone towers sits. The lease will be renewed for another 20 years. Great for owner occupied or investor. AS-IS SELLING DUE TO HEALTH REASONS.
Exterior Features

Buildings 2 Location CityStrip Center Lot Size 4.078AC Parking Facility Asphalt/Blacktop31-75 Spaces Road Frontage City Street Road Frontage Feet 208 Roof Flat Truck Loading Door Height Less Than 6 Ft

Interior Features

Average Ceiling Height 8-10.9 Feet Cooling System Central Cooling220 Wiring Floors Partial CarpetVinyl Foundation SlabStorage Area Heating System CentralGas Hot Water Gas Hot WaterPublic SewerPublic Water Improved Sq Ft 13400 Leaseable Sq Ft 13400

Property Features

Annual City Tax 4965 Annual County Tax 6292 Commercial Type Commercial Contingency Type No Contingency Existing Financing Private/Owner Information Available PlatNotes/Deeds Legal Subdivision Name Overton Unrec Lot Number 3&7 Miscellaneous Security System220 Volt Power New Financing ConventionalCash Only Possession Lease Possession NegotiablePossession At Closing Religious Amenities Choir RoomFellowship Hall Sale Includes Building And LandSignageSome AppliancesSome EquipmentSome Furnishings Tenant Pays All UtilitiesTrash Removal Trade Business Name Margaret's Restauran Type Usage RetailOfficeFood ServiceSpecial Purpose Zoning Cmu-1

Listing information © 2021 Memphis Area Association of REALTORS®.
Listing provided courtesy of Coldwell Banker Collins-Maury.



© 2021 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: 2021-12-02T17:03:15.55.
 
https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10113023-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10113023-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10113023-2.jpg
Logo
Crye-Leike Realtors
6525 Quail Hollow Road
Memphis TN, 38120