Member Login
logo

806 358 7736

info@amarillorealtors.org

5601 Enterprise Circle Amarillo, Texas 79106

8 am to 5 pm

Monday to Friday

  • Home
  • About
    • Our Story
    • Leadership
    • Staff
    • 2026 Committees
    • Code Of Ethics
  • Find A REALTOR®
  • Property Search
  • Find An Open House
  • Amarillo Resources
    • Affiliates
    • Housing Statistics
    • School Districts
    • Area Attractions
    • Local Resources
  • For Buyers, Sellers, and Renters
  • Membership
    • Application
    • Education/License
    • Calendar
  • Contact Us
  • Home
  • About
    • Our Story
    • Leadership
    • Staff
    • 2026 Committees
    • Code Of Ethics
  • Find A REALTOR®
  • Property Search
  • Find An Open House
  • Amarillo Resources
    • Affiliates
    • Housing Statistics
    • School Districts
    • Area Attractions
    • Local Resources
  • For Buyers, Sellers, and Renters
  • Membership
    • Application
    • Education/License
    • Calendar
  • Contact Us

116 S 5th Street, Memphis, TX 79245 (MLS# 25-7450)

116 S 5th Street, Memphis, TX 79245

$40,000
Property Type: Commercial Lot Size (sq. ft.): 3,250 Status: Pending
Current Price: $40,000 Last Modified: 5/23/2026

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

Supplements: 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 All outdated plumbing fixtures have been removed, giving you a clean slate to build from.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.

More Information MLS# 25-7450

Property Information

Current Price: $40,000 To Be Auctioned: No List Price: $40,000 Zone: 8000 - All areas in the 8000's Area: 8020 - Memphis Status: Pending Realtor.COM Type: Commercial Type: Office/Warehouse Square Foot Source: Appr Measure Lot Size Dimensions: 25' x 130' Lot Size Square Feet: 3250 Photos are Virtually Staged: No

Taxes and Legal Information

House #: 116 Street Direction Pfx: S Street Name: 5th Street Sfx: Street State/Province: TX Postal Code: 79245 County: Hall Legal: All of Lot 9, Block 4, Original Town of Memphis, Hall County, Texas. Common Name: 116 S 5th St

Contract Information

L/A Supervisor: Chad Holland Supervisor's Phone #: 806-205-0497 L/A Supervisor License Number: 515680 Under Contract Date: 2026-05-23 Exchange For: Cash Directions: From US Hwy 287 in Memphis, go west on State Hwy 256 (Noel St) for one block to the downtown square, then north on 5th St. Building lies on the east side of the street facing the Hall County Courthouse.

Road Frontage

Other Road Frontage: Brick street

Floors

Other Floor: Front needs subfloor

Property Features

Commercial Zoning: Central Business Ceiling Heights: 11-15 ft Floors: Wood Utilities Available: Electric Roof: Built Up
Listing Office: Chad Holland Real Estate
Listing Agent: Chad Holland
Last Updated: May - 23 - 2026
Information deemed reliable but not guaranteed.

Search powered by FBS Products
logo
  • 5601 Enterprise Circle Amarillo, Texas 79106

  • 806 358 7736

  • info@amarillorealtors.org

More Information

  • Home
  • Find A REALTOR®
  • About Us
  • Property Search
  • Contact Us
  • Find An Open House
  • Member Login
  • Amarillo Resources
Amarillo Association of REALTORS® is composed of members who have committed to the REALTORS® Code of Ethics in providing professional real estate services to the public promoting real property ownership and defending private property rights while earning the role as a trusted advisor.
Texas Association of REALTORS®
National Association of REALTORS®
UCI Digital Website | © 2021 . All Rights Reserved. | Terms & Conditions | Privacy Policy
What are you looking for?