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For Sale

Mixed Use Commercial Property in Memphis, TN

1063 S Parkway E,
Memphis, TN 38106

Asset Snapshot

1916
Year Built
1
Building Count

Offering Summary

Investment Overview

NAI Saig Company is pleased to present this three (3) property mixed-use commercial portfolio located at 1055 S Parkway E in Memphis. The portfolio consists of a 9,755 SF freestanding commissary/industrial building, a 3,597 SF freestanding retail building, and 1.764 AC of vacant land, totaling approximately 2.76 AC. The Property is strategically positioned along an exit of Interstate 69 with convenient access to Downtown Memphis, the Hernando de Soto Bridge connecting to Arkansas, and nearby access to Mississippi, providing exceptional connectivity and visibility for a variety of commercial and redevelopment opportunities. The portfolio presents a strong redevelopment opportunity for a service station, gas station, or truck stop user seeking interstate exposure and accessibility, while also offering an ideal opportunity for an owner-user looking to capitalize on the existing infrastructure and improvements currently in place on the Property.


Investment Highlights

  • ±9,755 SF Commissary / Industrial Facility
  • ±3,597 SF Former Restaurant Building
  • ±1.764 AC of vacant land surrounding two freestanding commercial buildings
  • Flexible redevelopment or expansion opportunity in a high visibility Memphis corridor
  • Ideal for retail, industrial, mixed-use, service commercial, or owner-user development

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Listing Syndicated From

Buildout
For Sale
$900,000
Asking Price