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Investment Highlights

  • DISCLOSURE: There are known environmental issues on this site. Please contact the agent for more important information.
  • Corner lot at Summer and National
  • Unbeatable traffic counts on Summer Ave (23,281 VPD) and Sam Cooper Hwy (42,394 VPD)
  • Priced to sell!
  • Zoned Mixed Use

Executive Summary

The owners of this property have done some remediation on environmental issues over the years. We recommend a thorough investigation with an environmental engineer regarding future uses and programs for this property. The property is priced to sell based on environmental issues.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,812 SF
Building Class
B
Year Built
1922
Price
$452,303 CAD
Price Per SF
$57.90 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.37 AC
Zoning
MU - Mixed Use - Incorporates a variety of uses! Please refer to the Zoning Chart to see all permitted uses.
Parking
20 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
100’ on Summer

Amenities

  • Bus Line
  • Corner Lot
  • Signage
  • Signalized Intersection
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Simmons Bank
Truist

Property Taxes

Property Taxes

Parcel Number
03-8036-0-0018C
Land Assessment
$57,616 CAD
Improvements Assessment
$157,262 CAD
Total Assessment
$214,878 CAD
  • Listing ID: 34823537

  • Date on Market: 2025-02-13

  • Last Updated:

  • Address: 3380 Summer Ave, Memphis, TN 38122

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