2291 Elvis Presley Boulevard, Memphis, TN 38106
$250,000
Property Type:
Commercial Sale
Square Footage:
3,286
Lot Size (sq. ft.):
47,916
Status:
Active
Current Price:
$250,000
List Date:
1/24/2026
Last Modified:
2/10/2026
Description
Prime ±1.10-acre commercial opportunity on high-traffic Elvis Presley Blvd, minutes from downtown Memphis and major thoroughfares. This property offers strong frontage, high visibility, and flexible commercial zoning. Existing structure offers potential for renovation or redevelopment. Ideal for retail, service business, auto, or investment use. Located in or near an Opportunity Zone with approx. 22,000+ VPD traffic count. Infrastructure improvements underway along the corridor. Don't miss this chance to secure a strategic location in a growing area.
More Information MLS# 4137216
Address and Location Information
Nearest Cross Street: Norris
Parcel Number: 06-0016-0-0006
Directions to Property: From Downtown Memphis:
Head south on I‑55 S.
Take Exit 5 (Brooks Road/US‑51 S/Elvis Presley Blvd).
Turn right onto Elvis Presley Blvd (US‑51 S) and continue approximately 4.5 miles.
Property will be on the left just past intersecting local streets.
Community Of: N/A
Street Number: 2291
Street Name: Elvis Presley
Street Suffix: Boulevard
County: Shelby
State: TN
Zip Code: 38106
Subdivision: None
Location
Airport 3+ Miles: 1
City: 1
City Street: 1
Commercial Retail: 1
Freestanding: 1
State Highway: 1
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-01-22
List Price: $250,000
Current Price: $250,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Property Condition: Fixer
Approx Lot Size Acres: 1.1
SqFt Source: Assessor
List Price/SqFt: 76.08
Year Built Source: Assessor
Total Floors: 1
Accessibility Features: No
Approx H/C SqFt: 3286
Year Built: 1950
Tax and Financial Information
Tax Annual Amount: 3426
Tax Year: 2025
Zoning: Commercial
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: LOT 6 NORRIS SUBD
PB 4-17
Shelby County, TN
Remarks & Miscellaneous
Public Remarks: Prime ±1.10-acre commercial opportunity on high-traffic Elvis Presley Blvd, minutes from downtown Memphis and major thoroughfares. This property offers strong frontage, high visibility, and flexible commercial zoning. Existing structure offers potential for renovation or redevelopment. Ideal for retail, service business, auto, or investment use. Located in or near an Opportunity Zone with approx. 22,000+ VPD traffic count. Infrastructure improvements underway along the corridor. Don't miss this chance to secure a strategic location in a growing area.
Structure Type
Lowrise 1-2 Floors: 1
Other: 1
Possible Use
Bar/Tavern/Lounge: 1
Barber/Beauty: 1
Commercial: 1
Convenience Store: 1
Development: 1
Fast Food: 1
Food Service: 1
Investment: 1
Medical/Dental: 1
Office: 1
Lot Features
City Lot: 1
Open Lot: 1
Covenants And Restrictions
Other: 1
Levels
One: 1
Sewer
Public Sewer: 1
Commercial Features
Fiber Optic Available: 1
Water Source
Public: 1
Listing Terms
Other: 1
Association Fee Includes
Other: 1
Showing Requirements
Showing: Appointment Required
Utilities
Cable Connected: 1
Electricity Connected: 1
Phone Available: 1
Phone Connected: 1
Sewer Connected: 1
Water Connected: 1
Ceiling Height
8' - 10.9': 1
Electricity Features
Other: 1
Walls - Interior
Other: 1
Square Footage Description
Retail Bldg 2500-5000 SF: 1
Flooring
Concrete: 1
Vinyl: 1
Other: 1
Seating
26-50: 1
Window Features
Aluminum Frames: 1
Expenses Include
Other: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Sale Options
Other: 1
Auction
Auction: No
Exterior Construction/Siding
Brick: 1
Siding: 1
Wood Siding: 1
Other: 1
Roof
Shingle: 1
Exterior Features
Rain Gutters: 1
Other: 1
Driveway Features
Paved Drive: 1
Parking Features
Asphalt: 1
Lighting
Fluorescent: 1
Incandescent: 1
Other: 1
Basement Features
Basement: No
Price Includes
Building and Land: 1
Other: 1
Available Documents
None: 1
Disclosures
As Is: 1
Additional Transportation
Airport 3+ Miles: 1
City Street: 1
State Highway: 1
Uncovered Parking?
1-25 Spaces: 1
Property Features
Possible Use: Bar/Tavern/Lounge; Barber/Beauty; Commercial; Convenience Store; Development; Fast Food; Food Service; Investment; Medical/Dental; Office
Commercial Features: Fiber Optic Available
Structure Type: Lowrise 1-2 Floors; Other
Ceiling Height: 8' - 10.9'
Electricity Features: Other
Lot Features: City Lot; Open Lot
Location: Airport 3+ Miles; City Street; Commercial Retail; Freestanding; State Highway
Levels: One
Square Footage Description: Retail Bldg 2500-5000 SF
Seating: 26-50
Covenants And Restrictions: Other
Expenses Include: Other
Association Fee Includes: Other
Walls - Interior: Other
Lighting: Fluorescent; Incandescent; Other
Flooring: Concrete; Vinyl; Other
Window Features: Aluminum Frames
Cooling: Central Air
Heating: Central
Utilities: Cable Connected; Electricity Connected; Phone Available; Phone Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Other
Sale Options: Other
Roof: Shingle
Exterior Features: Rain Gutters; Other
Driveway Features: Paved Drive
Parking Features: Asphalt
Additional Transportation: Airport 3+ Miles; City Street; State Highway
Price Includes: Building and Land; Other
Available Documents: None
Disclosures: As Is
Listing Office:
BHHS McLemore & Co Realty
Listing Agent:
Riley T Reed
Last Updated: February - 10 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.