Memphis TX Real Estate & Commercial for Sale

9 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
26-3131
Type:
General Commercial
Courtesy: Major League Realty, Inc. 940-648-0382
View additional info

ADDITIONAL INFORMATION

Tire shop located in Memphis, Texas on busy highway frontage of interstate 287. Includes storage buildings, tools, tires, jacks, and many items too many to list.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
26-2314
Type:
General Commercial
Courtesy: Gillispie Land Group, LLC 806-922-5532
View additional info

ADDITIONAL INFORMATION

Old Pizza Hut building with Highway 287 Frontage. Building is empty but still in good shape.

Beds:
n/a
Baths:
Sq.Ft.:
7,650
Status:
Active
MLS#:
26-2230
Type:
General Commercial
Lot size:
0.65 Acres
Courtesy: Chad Holland Real Estate 806-205-0497
View additional info

ADDITIONAL INFORMATION

Excellent commercial opportunity with high visibility and frontage along US Highway 287 in Memphis, Texas. This versatile commercial property sits on approximately 0.6511 acres and features a large building with an expansive asphalt parking area, providing convenient access and strong exposure for a wide variety of business uses. The property has been utilized for multiple purposes over the years, including retail operations, a professional training facility with offices and conference rooms, storage space, and a house of worship, demonstrating the building's adaptability for many commercial applications. Potential uses include retail showroom, professional offices, training or educational center, medical or therapy services, church or ministry facility, community or.....see more... or event space, coworking offices, fitness studio, call center, distribution or service business headquarters, and other commercial ventures. Located in an area experiencing increasing economic activity driven by regional energy development, AI and data center investment, and growth throughout the Texas Panhandle and Rolling Plains, this property offers strong potential for business owners, investors, or organizations seeking a strategic location with highway access. The property is currently tenant occupied on a month-to-month basis, with the tenant anticipating vacating by May 1, 2026, providing flexibility for owner-occupancy or future leasing opportunities. Memphis is also located within a designated Opportunity Zone, which may provide potential tax advantages for qualifying investors. Buyers should consult their tax advisor regarding Opportunity Zone investment benefits. NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING BROKER OR AN AGENT WHO HAS WRITTEN PERMISSION FROM LISTING BROKER. As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please do not contact any of the owners directly. Please direct all questions to Listing Broker. This property is not for Rent, not for Lease and Owner Financing is not available.

Beds:
n/a
Baths:
Sq.Ft.:
7,000
Status:
Active
MLS#:
25-8338
Type:
General Commercial
Lot size:
0.16 Acres
Courtesy: Chad Holland Real Estate 806-205-0497
View additional info

ADDITIONAL INFORMATION

Commercial Building in a Downtown Memphis, TX Opportunity Zone Located just two blocks southwest of the historic downtown square, this property sits on a corner lot at 7th St. and W. Robertson St., right next to the Memphis Fire Department. With excellent visibility and accessibility, it's an ideal spot to establish your business. Property Features: • Front office/showroom space with large display windows (currently boarded) on two sides • Three separate sections in the back • Four garage doors along 7th St. plus one additional garage door off the alley • Versatile layout suited for multiple business uses This building has previously served as storage for classic cars, a general workshop, repair shop, and more. With plenty of space and flexible design, you can (see more)... reimagine it to fit your unique business needs. Why This Property? " Prime location in a designated Opportunity Zone (rare for small rural towns in this region) " Great exposure for your brand or business " Ample space for retail, service, storage, or mixed-use potential Additional Details: " For Sale Only (not for lease) " All square footage per Hall County Appraisal District (HCAD) " Sold As Is, Where Is all personal property to be removed before closing " Utilities have not been connected in decades " Buyers should conduct their own due diligence If you are ready to make your mark in a growing community, this building offers the visibility, space, and potential you have been looking for. 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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
25-7450
Type:
General Commercial
Lot size:
0.07 Acres
Courtesy: Chad Holland Real Estate 806-205-0497
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
25-6254
Type:
General Commercial
Courtesy: Major League Realty, Inc. 940-648-0382
View additional info

ADDITIONAL INFORMATION

Commercial building previously used as a restaurant. Highway frontage off of 287. Perfect location for any type of business.

Beds:
n/a
Baths:
Sq.Ft.:
7,000
Status:
Active
MLS#:
25-5450
Type:
General Commercial
Courtesy: Major League Realty, Inc. 940-648-0382
View additional info

ADDITIONAL INFORMATION

Beautiful commercial building sitting on the corner of the historic Memphis square. Perfectly located just off a busy highway intersection and at the center of town. Large open area with two huge rooms, office area, and bathroom. The options are endless. Come look at this amazing building!

Beds:
n/a
Baths:
Sq.Ft.:
3,500
Status:
Active
MLS#:
24-9233
Type:
General Commercial
Courtesy: Chad Holland Real Estate 806-205-0497
View additional info

ADDITIONAL INFORMATION

OPPORTUNITY ZONE! For Sale only - prime commercial building in the heart of downtown Memphis, TX. Formerly home to The Red River Sun (fka Hall County Herald), this versatile property offers both updated and historic features. The front section was remodeled several years ago with drop-down acoustic ceiling tiles, making it functional for office or retail use. The spacious back area provides ample storage and showcases original tin ceiling tiles, most of which are in excellent condition. Additional highlights include new city sidewalks and a restroom located at the rear of the building. This property offers flexible potential—ideal for office, retail, restaurant, bar, or cost-effective storage space. All square footage is per HCAD. (more) Property is being sold As Is, Where Is with all personal property being 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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24-4452
Type:
General Commercial
Courtesy: Major League Realty, Inc. 940-648-0382
View additional info

ADDITIONAL INFORMATION

Beautiful, rustic, well established restaurant located in Memphis, Texas. A great family atmosphere will provide customers with a wonderful eating experience. Fully stocked kitchen with buffet and many tables and booths. A local favorite and great highway frontage. Serious buyers can inquire about business portfolio.

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Andrea Conner License # 521381 Xome Inc. License # 9002330 [email protected] 844-400-XOME (9663) 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Amarillo Association of REALTORS and may not be the listings of Xome. Copyright 2026 Amarillo Association of Realtors. All rights reserved.



Memphis Real Estate

Memphis is located in Texas. Memphis, Texas has a population of 2,208. Memphis is more family-centric than the surrounding county with 22.63% of the households containing married families with children. The county average for households married with children is 21.03%.

The median household income in Memphis, Texas is $41,685. The median household income for the surrounding county is $41,467 compared to the national median of $69,021. The median age of people living in Memphis is 42.3 years.

Memphis Weather

The average high temperature in July is 96.3 degrees, with an average low temperature in January of 27 degrees. The average rainfall is approximately 22.8 inches per year, with 4.8 inches of snow per year.

Memphis Map

Memphis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    23
    30-day change

Memphis Schools and Demographics

Education near Memphis, TX

City County
High School Graduates 82.37 82.59
College Degree - 2 year 9.49 8.48
College Degree - 4 year 16.56 19.32
Graduate Degree 6.19 5.27
Expenditures per Student 14,912 14,912
Students per Teacher 10.3 10.3

Elementary Schools near Memphis, TX

Grades Students P/T Ratio ZIP
Austin Elementary School 03 - 05 111 11.4 79245
Travis Elementary School PK - 02 165 13.2 79245

Middle Schools near Memphis, TX

Grades Students P/T Ratio ZIP
Memphis Middle School 06 - 08 119 11.9 79245

High Schools near Memphis, TX

Grades Students P/T Ratio ZIP
Memphis High School 09 - 12 143 9.3 79245

Ungraded Schools near Memphis, TX

Grades Students P/T Ratio ZIP
Hedley School PK - 12 112 8.5 79237

Demographics near Memphis, TX

City County
Neighborhood Type Small Town
Population 2,208 2,875
Population Density 984 3
Median Age 42.3 44.9
People per Household 2.5 2.5
Median Household Income 41,685 41,467
Average Income per Capita 21,683 25,183

Real estate near Memphis