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385 Scott St

Memphis, TN 38112
  • $275,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 10170323
UPDATED: 146 min ago
$275,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1945
County:

School Ratings & Info

Description

You's Grocery, a neighborhood market that has been in community for over 30 years. offers a prime investment opportunity with its long-standing history and loyal customer base. 387 and 391 Scott St., this property consists of two connecting spots. two tenants, with one paying $500 and the other $600 per month on a month-to-month lease. One of the leases is set to expire in July 2024. Includes all store equipment, and the inventory, valued at $35,000. The property is being sold as-is.

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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 Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-07-14T11:03:13.38.
www.redsearealtyco.com/homes/149516102
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385 Scott St Memphis, TN 38112

  • Price: $275,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 146 min ago
  • MLS #: 10170323
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1945
Built
Neighborhood:
Binghampton Blk 28
County:
Shelby
Area:
Chickasaw Gardens
Property Description
You's Grocery, a neighborhood market that has been in community for over 30 years. offers a prime investment opportunity with its long-standing history and loyal customer base. 387 and 391 Scott St., this property consists of two connecting spots. two tenants, with one paying $500 and the other $600 per month on a month-to-month lease. One of the leases is set to expire in July 2024. Includes all store equipment, and the inventory, valued at $35,000. The property is being sold as-is.
Exterior Features

Buildings 1 Location CityCornerFree StandingStrip Center Lot Size 150.7/150 X 90.8/103.47 Parking Facility 1-15 SpacesAsphalt/Blacktop Road Frontage City Street Roof Composition Shingles Truck Loading Door Height 6-8.9 Feet

Interior Features

Average Ceiling Height 8-10.9 Feet Cooling System Individual Cooling Floors Tile Foundation Slab Heating System Space Heater Hot Water Electric Hot Water

Property Features

Annual City Tax 981 Annual County Tax 1231 Commercial Type Commercial Contingency Type No Contingency Existing Financing Other (See Remarks) Information Available Information Limited Legal Subdivision Name BINGHAMPTON BLK 28 Lot Number 9&W PT10 New Financing Other (Call LA) Possession Lease Possession at Closing Sale Includes All EquipmentBuilding and LandBusiness NameSignage Tenant Pays Other (See REMARKS) Trade Business Name You's Grocery Type Usage Retail

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Keller Williams: 901-261-7900.



© 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 Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-07-14T11:03:13.38.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654