4825 Poplar Ave 2,128 SF 100% Leased Retail Building Memphis, TN 38117 $452,826 CAD ($212.79 CAD/SF)

4825 Poplar Avenue presents an owner-user and investment opportunity along one of Memphis' most established commercial corridors. Positioned on Poplar Avenue in East Memphis, the property benefits from frontage on a heavily traveled arterial surrounded by a concentration of retail, office, dining, and service-oriented businesses. Nearby commercial anchors include Audubon Place, White Station Commons, White Station Plaza, Eastgate Center, and Poplar Commons, while major employers and office towers contribute to consistent daytime activity throughout the corridor.
The property contains a 2,128-square-foot commercial building and is zoned CMU-3, allowing for a broad range of commercial, office, and employment-oriented uses. A month-to-month tenant currently occupies the property, providing in-place income while preserving flexibility for a future owner. According to the offering materials, a buyer may be able to occupy the property in approximately 30 days, continue leasing the asset for income, adjust rents, or pursue a longer-term repositioning strategy. The seller has indicated that on-site parking will be leased to the buyer.
Location advantages include quick access to Interstate 240, proximity to the University of Memphis and White Station High School, and convenient connections to Downtown Memphis and Memphis International Airport. These accessibility features, combined with the corridor's established business presence and traffic volumes, support a variety of commercial ownership and investment objectives.