Remarks

We are pleased to present a solid value-add neighborhood commercial opportunity at 4901 Memphis Avenue, located just off the high-traffic intersection of 50th Street and Memphis Avenue in Lubbock, Texas. This ±3,694 SF retail building sits on a ±13,500 SF lot and offers excellent visibility, access, and potential for repositioning.

The property currently includes one long-standing barbershop tenant and one vacant retail unit, previously home to a local aquarium supply store. With ample parking and flexible commercial zoning, this site is ideally suited for a range of retail, service, or owner-occupant uses.

Current tenant has been leasing this property for over 20+ years, with a current monthly rent of $675. The owner is willing to raise this rent for a buyer upon closing.

Details

MLS#: 202555137
Price: $400,000

Style: Retail
Sq Ft: 3694
Year Built: 1969

County: Lubbock