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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-7450
Acres 0.07
Lot Dimensions 25' x 130'
Source Amarillo Association of REALTORS®
Property Description
Prime Commercial Opportunity in an Opportunity Zone in Downtown Memphis, TX!
Located on the east side of the downtown square, this commercial property at 116 S 5th St offers excellent visibility and potential in the heart of Memphis, TX. The building features a spacious open front area that can be adapted to your vision for retail, office, laundromat, or other service use, along with a generous storage/work area in the back. With its central location and flexible layout, it's well-suited for a variety of business ventures.
Whether you're an investor seeking a property in an Opportunity Zone or a business owner ready to establish your presence in a growing community, this property provides the accessibility, space, and potential you need.
It is For Sale only.
All square (more footage is per the Hall County Appraisal District (HCAD).
Recent updates include a new electric meter and panel at the rear of the building. All outdated plumbing fixtures have been removed, giving you a clean slate to build from.
Property is being sold As Is, Where Is.
All personal property to be removed prior to Closing of Escrow.
Potential Buyers are recommended to do their own due diligence.
NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY THE LISTING AGENT OR AN AGENT WHO HAS WRITTEN PERMISSION FROM THE LISTING AGENT.
As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Agent, so please do not contact any of the owners directly.
This property is not for Rent, not for Lease and Owner Financing is not available.
Located on the east side of the downtown square, this commercial property at 116 S 5th St offers excellent visibility and potential in the heart of Memphis, TX. The building features a spacious open front area that can be adapted to your vision for retail, office, laundromat, or other service use, along with a generous storage/work area in the back. With its central location and flexible layout, it's well-suited for a variety of business ventures.
Whether you're an investor seeking a property in an Opportunity Zone or a business owner ready to establish your presence in a growing community, this property provides the accessibility, space, and potential you need.
It is For Sale only.
All square (more footage is per the Hall County Appraisal District (HCAD).
Recent updates include a new electric meter and panel at the rear of the building. All outdated plumbing fixtures have been removed, giving you a clean slate to build from.
Property is being sold As Is, Where Is.
All personal property to be removed prior to Closing of Escrow.
Potential Buyers are recommended to do their own due diligence.
NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY THE LISTING AGENT OR AN AGENT WHO HAS WRITTEN PERMISSION FROM THE LISTING AGENT.
As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Agent, so please do not contact any of the owners directly.
This property is not for Rent, not for Lease and Owner Financing is not available.
Location
State TX
County Hall
Area 8020 - Memphis
Zoning 8000 - All areas in the 8000's
Direction From US Hwy 287 in Memphis, go west on State Hwy 256 (Noel St) for one block to the downtown square, then north on 5th St. Building lies on the east side of the street facing the Hall County Courthouse.
Interior
Flooring Wood
Exterior
Utilities Available Electric
Roof Type Built Up
Others
Tax ID Robert Kim Burnett and Carol Burnett
Listed Chad Holland • Chad Holland Real Estate