Office/Retail Building: 2,204 SF
Warehouse/Service Area: 1,200 SF (Would be good for a small shop or storage area or could be converted into an office area)
Currently leased by a Salon
Dedicated Drive up parking
Built 1954
Renovated 2021
Salon is currently leased to a user on a short term basis.
Existing salon layout: Reception area, 1 large styling area with shampoo station, 1 small styling area, 2 offices, 2 break areas, and 2 restrooms
Building could easily be converted to traditional office or medical space.
East Memphis location
Conveniently located right off of Poplar Avenue
Easy access to I-240
Immediate access to restaurants, banks, hotels, retail centers, and East Memphis residential areas
Convenient to East Memphis, Downtown, Germantown, Cordova, Collierville, Southeast Shelby County and Mississippi
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
