4901 Memphis Avenue Lubbock, TX 79413
Retail
MLS #: 202555137
Courtesy Of Progressive Properties
Property InformationDescription
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.
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.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Legal Description: MURRYHILL N90'OF L 204B
- MLSID: 202555137
MAP & DIRECTIONS
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