4040 N Watkins St, Memphis, TN 38127

$599,000
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List Price
$599,000
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Property Description

Versatile commercial property offering approximately 13,200 SF of retail and warehouse space near the Thomas Street/Hwy 51 corridor. Four vacant, rent-ready suites include a turnkey restaurant with kitchen equipment and fixtures, complemented by a separate 5,000 SF secured warehouse with 14-foot clear height. Updated electrical, plumbing, lighting, and HVAC provide a strong starting point for your business or investment plans. Approximately 210 feet of frontage, pylon signage, and ample parking support visibility and access. An existing cell tower ground lease provides supplemental income. Occupy a portion and lease the remaining space, or lease the property to multiple businesses.

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Listing courtesy of Grand Point Realty, LLC.

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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.