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3990 Thomas St
Memphis, TN 38127
Memphis Convenience Store · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High-traffic location on Thomas St/Highway 51 ensures strong daily visibility.
- Fully operational convenience store with loyal neighborhood customer base.
- Commercially zoned property with potential for business expansion or rebranding.
- Business and building sold together, own the real estate and the income stream.
- Plenty of parking with easy access for customers and deliveries.
EXECUTIVE SUMMARY
Here’s what you get:
A running convenience store with loyal, local customers.
The building and property included in the sale, no leasing!
Easy parking and great visibility on a corner lot.
A chance to grow, add food service, lottery, or other income streams.
Zoned for commercial use, so you’ve got options.
It’s a turnkey setup with room to grow. Whether you’re a first-time buyer or an experienced business owner, this is a smart opportunity in a high-traffic Memphis location.
Let’s get you in for a look, opportunities like this don’t last long!
PROPERTY FACTS
AMENITIES
- Signage
- Wheelchair Accessible
ABOUT 3990 THOMAS ST , MEMPHIS, TN 38127
This is a rare opportunity to purchase a standalone commercial property with an operating convenience store business included. Located on a prime corner lot along Thomas Street (Highway 51), this property offers maximum visibility, easy access, and a steady flow of vehicle and foot traffic. The building features ample interior retail space, storage areas, and room to expand services such as food preparation, lottery, or check cashing. The property also includes a private parking lot, offering convenience for customers and delivery access. Sitting on a commercially zoned lot, this building is suitable not only for continuing the current convenience store operation but also for a variety of other retail or service uses. Whether you’re an entrepreneur looking to step into a ready-made business, or an investor seeking cash flow with real estate ownership, this property delivers. Key Features: • Lot Size: Approx. 0.278144 Acres • Building Size: Approx. 3,063 SF • Zoning: Commercial • Parking: On-site with multiple spaces • Location: High-traffic corridor with strong local customer base • Sale includes: Real estate & operating convenience store business This is a turnkey opportunity in an established neighborhood of Memphis, don’t miss your chance to own both a business and the building it operates from.
PROPERTY TAXES
| Parcel Number | 06-9065-0-0087 | Improvements Assessment | $54,716 CAD |
| Land Assessment | $7,039 CAD | Total Assessment | $61,755 CAD |
PROPERTY TAXES
