5320 US 61 HWY

Memphis, TN
$ 295,000 Beds 0 Baths 0 Sq 5,422
Monthly Estimate* How much can I afford?

Listing includes real estate PLUS Highway 61 Fish Market business PLUS all furniture, fixtures and equipment. The current owner has rehabbed this building with new HVAC, new water heaters, new kitchen equipment and coolers, new electrical and all of this was done with permits taken. The larger building is currently being used as a banquet hall facility and the smaller attached building is the Highway 61 Fish Market. The outside has just been painted and there is plenty of parking front and rear.

Commercial

  • Price
  • $ 295,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,422
  • Full Bathrooms
  • 0
  • Year Built
  • 1962
  • Half Bathrooms
  • 0
  • City, Zip
  • Memphis
  • Taxes
  • 3245
  • County
  • SHELBY
  • Style
  • Food Service, ,Retail
  • Area
  • Coro Lake
  • MLS#
  • 10048660
  • Zip
  • 38109
Listing Provided by: Trotz Real Estate Serv., Inc.

Features

General

Area 765C
Class Commercial/Industrial
Legal Subdivision Name STOP & SHOP REVISED
Listing Area Coro Lake
Miscellaneous 220 Volt Power, Fixtures, Furniture, Inside Storage, Inventory Included, Outside Lighting, Outside Storage, Pole Sign, Security System, Telephone System
Road Frontage City Street, US Highway
Roof Composition Shingles
Service Type Full Service Listing
Status Active
Status Active
Stories 1
Type Commercial
Year Built 1962
Zoning CMU-3

Interior Features

Cooling System Central Cooling, Electric Cooling
Floors Tile
Heating Central, Electric
Hot Water Electric Hot Water, Public Sewer, Well

Exterior Features

Sale Includes All Appliances, All Furnishings, Building and Land
Foundation Slab
Lot Size 0.796AC 102.0X340.0
Number of Buildings 1
Parking Facility 76 or More Spaces, Asphalt/Blacktop, Gravel
Road Frontage (ft) 105

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/25/2019 Listed $495,000
9/3/2019 21% - $395,000
6/29/2020 26% - $295,000

Property vs Zip Code Average in 38109

Price
AVG $240K
$300K
Taxes
AVG $3,694
$3,245
Visits
AVG 57
32
Year Built
AVG 1959
1962
Walkscore
AVG 32
20
Data Provided by Walkscore ® not using MLS data

Map

5320 US 61 HWY Memphis, TN is a Single Family Home for sale at $295000 with 5422 sqft and a lot size of Acre(s). 5320 US 61 HWY Memphis has 0 bedrooms, 0 baths and was built in 1962. The property's zip code is 38109 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.