3210 Hernando St | Memphis, TN 38116
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3210 Hernando St
Memphis, TN 38116
Retail Property For Sale
Investment Highlights
- Fully operational
- Existing Client base
- Historic Landmark
Executive Summary
This is your opportunity to own a iconic Memphis establishment that's turn-key and waiting for you!The World Famous Hernando's Hideaway, where Elvis, Charlie Rich, Jerry Lee Lewis, Duck Dunn and so many others of the then and the NOW frequent the stage. All the FF&E included as well as marketing assets (YouTube channel, yelp, Instagram, Facebook etc..)The downstairs (club)portion has been fully renovated to the studs and the upstairs has livable quarters perfect for performers or onsite manager.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
7,857 SF
Building Class
C
Year Built/Renovated
1900/2018
Price
£464,870
Price Per SF
£59
Tenancy
Single
Number of Floors
2
Building FAR
0.38
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
CMU-3 - Commercial Mixed Use
Parking
50 Spaces (8.16 Spaces per 1,000 SF Leased)
Frontage
70 ft on Old Hernando Rd
Amenities
- Bus Route
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 07-7011-0-0002 | Improvements Assessment | £29,223 |
| Land Assessment | £7,450 | Total Assessment | £36,673 |
PROPERTY TAXES
Parcel Number
07-7011-0-0002
Land Assessment
£7,450
Improvements Assessment
£29,223
Total Assessment
£36,673
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