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116 S 5th Street

Memphis, TX 79245
  • $40,000
  • STATUS: Active
  • ON SITE: 76 Days
  • ID#: 25-7450
UPDATED: 64 min ago
$40,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Prime Commercial Opportunity in an Opportunity Zone in Downtown Memphis, TX! Located on the east side of the downtown square, this commercial property at 116 S 5th St offers excellent visibility and potential in the heart of Memphis, TX. The building features a spacious open front area that can be adapted to your vision for retail, office, laundromat, or other service use, along with a generous storage/work area in the back. With its central location and flexible layout, it's well-suited for a variety of business ventures. Whether you're an investor seeking a property in an Opportunity Zone or a business owner ready to establish your presence in a growing community, this property provides the accessibility, space, and potential you need. It is For Sale only. All square (more footage is per the Hall County Appraisal District (HCAD). Recent updates include a new electric meter and panel at the rear of the building. All outdated plumbing fixtures have been removed, giving you a clean slate to build from. Property is being sold As Is, Where Is. All personal property to be removed prior to Closing of Escrow. Potential Buyers are recommended to do their own due diligence. NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY THE LISTING AGENT OR AN AGENT WHO HAS WRITTEN PERMISSION FROM THE LISTING AGENT. As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Agent, so please do not contact any of the owners directly. This property is not for Rent, not for Lease and Owner Financing is not available.

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© 2025 Amarillo Association of Realtors Multiple Listing Service. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Palo Duro Real Estate. Data last updated: 2025-11-08T06:54:16.633.
www.palodurorealestate.com/homes/167268144
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116 S 5th Street Memphis, TX 79245

  • Price: $40,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 64 min ago
  • ID#: 25-7450
0
Beds
0
Baths
0
½ Baths
0.07
Acres
Neighborhood:
8020 - Memphis
County:
Hall
Area:
8020 - Memphis
Property Description
Prime Commercial Opportunity in an Opportunity Zone in Downtown Memphis, TX! Located on the east side of the downtown square, this commercial property at 116 S 5th St offers excellent visibility and potential in the heart of Memphis, TX. The building features a spacious open front area that can be adapted to your vision for retail, office, laundromat, or other service use, along with a generous storage/work area in the back. With its central location and flexible layout, it's well-suited for a variety of business ventures. Whether you're an investor seeking a property in an Opportunity Zone or a business owner ready to establish your presence in a growing community, this property provides the accessibility, space, and potential you need. It is For Sale only. All square (more footage is per the Hall County Appraisal District (HCAD). Recent updates include a new electric meter and panel at the rear of the building. All outdated plumbing fixtures have been removed, giving you a clean slate to build from. Property is being sold As Is, Where Is. All personal property to be removed prior to Closing of Escrow. Potential Buyers are recommended to do their own due diligence. NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY THE LISTING AGENT OR AN AGENT WHO HAS WRITTEN PERMISSION FROM THE LISTING AGENT. As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Agent, so please do not contact any of the owners directly. This property is not for Rent, not for Lease and Owner Financing is not available.
Exterior Features

Construction Materials [] Lot Size Dimensions 25' x 130' Parking Features [] Road Frontage Type City Street Roof Built Up Waterfront Features []

Interior Features

Cooling [] Flooring Wood Interior Features []

Property Features

Business Type [] Community Features [] Exchange For Cash Special Listing Conditions [] To Be Auctioned No Utilities Electric Water Source [] Zoning Description 8000 - All areas in the 8000's

Listing information © 2025 Amarillo Association of Realtors Multiple Listing Service.
Listing provided courtesy of Chad Holland of Chad Holland Real Estate: (940) 937-2200.

© 2025 Amarillo Association of Realtors Multiple Listing Service. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Palo Duro Real Estate. Data last updated: 2025-11-08T06:54:16.633.
 
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