$40,000

116 S 5th St Memphis, TX 79245

Estimated payment $254/month

Total Views 14,768
0.07 Acre
$571,429 Price per Acre
3,049 Sq Ft Lot

About This Lot

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, its 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.

2,500 square feet in the building, on a 3,250 square foot lot.
All square footage is per the Hall County Appraisal District (HCAD).

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.

Listing Agent

Chad Holland

Chad Holland Real Estate License #515680 Listed on: 08/23/2025

Listing Provided By

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Office Phone: 806-547-3317
  • Listing Website: https://www.land.com/property/0.07-acre-in-hall-county-texas/24555117/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2025 08/23/25 For Sale $40,000 -- --

Purchase History

Date Type Sale Price Title Company
Deed -- Attorney Only
Source: Public Records

About the Listing Agent

Chad Holland

Chad Holland Real Estate

(806) 547-3317

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An 8th Generation Texan. I have, since 1989, personally owned and operated farm & ranch, rental and commercial property in addition to flipping numerous properties, and has extensive sales experience in farm & ranch, recreational, residential & country homes, as well as rental and commercial properties. As a real estate lender, I have closed thousands of agricultural and commercial loans, including hundreds of real estate loans in fifty-eight (58) counties across Texas. Real Estate loans

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