Memphis Auction: Commercial Real Estate and Assets "David's Tire Center", Memphis, TN

This Auction has been extended Thursday, February 29, 2024 @ 11:07am CST. Auction: Commercial Real Estate & Assets: Formerly "David's Tire Center" 5805 Winchester Rd, Memphis, TN 38115; Multi-use Prime Commercial Property!  
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    This Auction has been extended Thursday, February 29, 2024 @ 11:07am CST. Call John for more information. 901-486-0839! Broker Participation Welcome!

    Auction: Commercial Real Estate & Assets: Formerly "David's Tire Center" 5805 Winchester Rd, Memphis, TN 38115

    Multi-use Prime Commercial Property!

    Thank you for your interest in this 6,200 square foot commercial building being offered. In today’s market, it is rare to find a building of this size with more potential and flexibility for multi-uses.  As most of you know, I’ve been in the real estate profession for fifty years analyzing potential uses for properties.  This property offers many.  One possibility is to set up 6 or 7 rental bays. All bays are heated.  There is a nice executive office and/or showroom with private bathroom for the CEO. The office area is air-conditioned and heated.  You can get very creative with this property or rent it as is to an end-user.  The building is in great condition and move-in ready.

    I’m encouraging all potential bidders to make an offer.  The seller is motivated to sell quickly.  This property is located on a very busy street with 40,000 cars passing daily.  There are thousands of businesses and residences in the surrounding area.   Again, make an offer quickly.   The equipment is still in place.  You may want or need to negotiate for the auto/tire and repair equipment for pennies on the dollar.

    Call me directly at 901 486 0839 to see the property or make an offer or both!

    You can open for business in 5 minutes from closing, how sweet is that?

    Traffic Count: Almost 40,000 cars pass this location daily and there are thousands of residents in the surrounding area.

    Download the Auction Flyer Here!

    Auction: Commercial Real Estate_Memphis JDR

    Auction Flyer_5805 Winchester Rd., Memphis

    Broker Participation

    Broker Participation Form 2024

    Information provided is derived from sources believed to be correct, but is not guaranteed. Graphics are approximate. All property sold “as is.” The Seller will provide a valid clear marketable title to the property.

    A ten percent (10%) buyers premium will be added to the winning bid to determine the total price to be paid. The high bidder  will be required to place the 10% deposit the day of the signing the contract if you are the winning bidder,  in the form of certified funds or a personal check with a bank letter of guarantee, with balance due in 45 days. The real estate will be sold first and then the equipment.

    All closings shall take place no later than 45 days after all parties has signed the contract. The entire purchase price must be paid by cashier’s check, certified funds, or wired funds at closing. No property will be sold contingent on financing or any other contingency.