4556 Summer Ave

    Memphis, TN 38122
    • $260,000
    • STATUS: Active Under Contract
    • ON SITE: 105 days
    • ID#: 10014958
    Under Contract
    UPDATED: 51 min ago
    $260,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Great income property located in one of the busiest streets in Memphis. Completely remodeled offering easy to manage retail stores with awesome Store Front. Easy access to Sam Cooper Blvd. High traffic Count 28,517 ( 2016 Annual Average Daily Traffic per TDOT.) Price reduced to sell quickly. Get this income producing property before it's gone.

    Monthly Payment Calculator



    © 2018 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 The Wallace Team - RE/MAX On Point. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2018-02-17T17:03:47.827.
    www.wallaceteamsellsmemphis.com/homes/78495322

    4556 Summer Ave Memphis, TN 38122

    • Price: $260,000
    • Status: Active Under Contract
    • Updated: 51 min ago
    • ID#: 10014958
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1950
    Built
    Neighborhood:
    Novarese
    County:
    Shelby
    Area:
    Berclair
    Property Description
    Great income property located in one of the busiest streets in Memphis. Completely remodeled offering easy to manage retail stores with awesome Store Front. Easy access to Sam Cooper Blvd. High traffic Count 28,517 ( 2016 Annual Average Daily Traffic per TDOT.) Price reduced to sell quickly. Get this income producing property before it's gone.
    Exterior Features

    Buildings 1 Land Sq Ft 7187 Location Free Standing Lot Size 0.1650 Ac Parking Facility Asphalt/Blacktop1-15 Spaces Road Frontage City Street Road Frontage Feet 50 Roof Flat Truck Loading Door Height No Truck Door

    Interior Features

    Average Ceiling Height 11-12.9 Feet Cooling System Central Cooling Floors Tile Foundation Slab Heating System CentralElectric Hot Water Electric Hot Water Improved Sq Ft 3915 Leaseable Sq Ft 3915 Offices 2 Restrooms 2

    Property Features

    Actual Annual Rent 32400 Annual City Tax 2297 Annual County Tax 2952 Annual Insurance Expenses 1556 Annual Land Lease Payment 0 Commercial Type Commercial Contingency Type Ct Insp - Inspection Contingency Existing Financing Clear Information Available Investment AnalysisOperating Expense ReportTax Info AvailablePlatBrochureLeases Legal Subdivision Name Novarese Lot Number 9 New Financing ConventionalCash OnlyPrivate Operating Expense Includes Property InsuranceTaxes/Real Estate Percent Occupancy 100 Possession Lease Possession At ClosingTenants Rights1-5 Years Lease Sale Includes Building And Land Tenant Pays All Utilities Trade Business Name Commercial Building Type Usage Retail Zoning Cmu-3

    Listing information © 2018 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Coldwell Banker Collins-Maury.



    © 2018 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 The Wallace Team - RE/MAX On Point. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2018-02-17T17:03:47.827.
    The Wallace Team - RE/MAX On Point
    5350 Poplar Ave., Ste 700
    Memphis TN, 38119