4040 N WATKINS ST

Memphis, TN
$ 850,000 Beds 0 Baths 0 Sq 13,400
Monthly Estimate* How much can I afford?

Fantastic property with lots of potential. 5 retail spaces in the main building, one large shop in the rear of the property. Renovated in 2018 and has had ongoing maintainance and improvements. Fully equipped restaurant. Equipment COULD be included in the sale depending on the offer. Lots of good features. The sale includes another lot where a Cellphone towers sits. The lease will be renewed for another 20 years. Great for owner occupied or investor. AS-IS SELLING DUE TO HEALTH REASONS.

Commercial

  • Price
  • $ 850,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 13,400
  • Full Bathrooms
  • 0
  • Year Built
  • 1986
  • Half Bathrooms
  • 0
  • City, Zip
  • Memphis
  • Taxes
  • $ 11257
  • County
  • SHELBY
  • Style
  • Food Service,Office,Retail,Special Purpose
  • Area
  • Frayser - North
  • MLS#
  • 10113023
  • Zip
  • 38127
Listing Provided by: Coldwell Banker Collins-Maury
Data Source: Memphis MLS (MAAR) - 87 - TN

Features

General

Area 725A
City Memphis
Class Commercial/Industrial
Legal Subdivision Name OVERTON UNREC
Listing Area Frayser - North
Miscellaneous Security System, 220 Volt Power
Road Frontage City Street
Roof Flat
Service Type Full Service Listing
Status Active
Status Active
Stories 1
Type Commercial
Year Built 1986
Zoning CMU-1

Interior Features

Cooling System 220 Wiring, Central Cooling
Floors Partial Carpet, Vinyl
Heating Central, Gas
Hot Water Gas Hot Water, Public Sewer, Public Water

Exterior Features

Sale Includes Building and Land, Signage, Some Appliances, Some Equipment, Some Furnishings
Foundation Slab, Storage Area
Lot Size 4.078AC
Number of Buildings 2
Parking Facility 31-75 Spaces, Asphalt/Blacktop
Road Frontage (ft) 208

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

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

  • Monthly Principal & interest $1,740
  • 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 2.99% 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

11/19/2021 Listed $850,000

Property vs Zip Code Average in 38127

Price
AVG $440K
$850K
Taxes
AVG $6,378
$11,257
Visits
AVG 113
3
Year Built
AVG 1973
1986
Walkscore
AVG 36
22
Data Provided by Walkscore ® not using MLS data

Map

4040 N WATKINS ST Memphis, TN is a Single Family Home for sale at $850000 with 13400 sqft and a lot size of Acre(s). 4040 N WATKINS ST Memphis has 0 bedrooms, 0 baths and was built in 1986. The property's zip code is 38127 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% 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.