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4901 Memphis Avenue

Lubbock, TX 79413
  • $400,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 202555137
UPDATED: 188 min ago
$400,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,694
    SQFT
  • $108
    $/SQFT
Neighborhood:
3
Type:
Commercial
Built:
1969
County:
Area:
3

School Ratings & Info

School District:

Description

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.

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© 2025 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-06-19T23:59:09.07.
www.steadfast-realty.com/homes/164117654
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4901 Memphis Avenue Lubbock, TX 79413

  • Price: $400,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 188 min ago
  • MLS #: 202555137
0
Beds
0
Baths
0
½ Baths
0.31
Acres
3,694
SQFT
$108
$/SQFT
1969
Built
Neighborhood:
3
County:
Lubbock
Area:
3
School District:
Lubbock Isd
Property Description
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.
Exterior Features

Construction Materials [] Foundation Details Slab Parking Features [] Roof []

Interior Features

Above Grade Finished Area 3694 Cooling [] Flooring [] Heating []

Property Features

Accessibility Features [] Building Features [] Business Type [] Fencing [] Land Details Minerals Available No Lease Considered YN No Listing Terms 1031 ExchangeCashConventional Lot Features [] Occupant Type Tenant Property Sub Type Retail Road Frontage Type [] Road Surface Type [] Security Features [] Sewer [] Special Listing Conditions [] Stories Total 1 Tenant Pays [] Utilities [] Water Source [] Waterfront Features [] Zoning C-2

Listing provided courtesy of Jarrett Thornton of Progressive Properties: 806-794-7777. Listing information © 2025 Lubbock Association of REALTORS® MLS.


© 2025 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-06-19T23:59:09.07.
 
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Steadfast Realty
2809 74th St., Unit B
Lubbock TX, 79423