- For Sale $375,000
- Property Type Retail - Freestanding
- Property Size 25,962 SF
- Units 5
- Lot Size 0.6 Acre
- Property Tenancy Multi-Tenant
- Year Built 1955
- Date Updated Apr 29, 2026
Description
The area surrounding the property on Elvis Presley Boulevard offers a prime opportunity for Retail / Street Retail investors to pickup where this family owned business has thrived for 28 years.Prime opportunity to acquire a mixed-use retail property featuring an established liquor store business, ideal for owner-users or value-add investors. This ±5-unit retail strip includes one fully operational liquor store (owner-occupied), one leased unit (auto repair tenant paying $1,100/month), and three vacant units offering significant lease-up potential.
The sale includes both the real estate and the liquor store business, presenting a turnkey opportunity for an owner-operator to step into a proven revenue stream. The owner is retiring and willing to train the new operator, ensuring a smooth transition and continued success.
Highlights
- ±5-unit retail strip with liquor store and mixed-use potential
- 1 unit leased to auto shop ($1,100/month), 3 vacant
- High-visibility location with ample parking
- Ideal for owner-user or value-add investor (SBA Buyer)
- Owner is retiring and willing to train the new operator
- Seller to cooperate with ABC license transfer
- Turnkey liquor store with business, inventory, and FF&E included
False
Contacts
Lyndon Baskin
Myers Commercial Real Estate
Location
Located at 2090 Elvis Presley Boulevard, Memphis, TN 38106, this property is part of the Alcy - Dunn neighborhood and Memphis market.
Contact Listing Broker
Lyndon Baskin
Myers Commercial Real Estate