$1,975,000
3619110 MLS ⋅
ACTIVE Status
LOCATION. VISIBILITY. FLEXIBILITY. | 9,800 SF ± COMMERCIAL RETAIL Rare opportunity to acquire approximately 9,800 SF ± of commercial space directly on Memorial Boulevard / US Highway 231 one of Murfreesboro's most established and recognizable commercial corridors. 507–509 Memorial Boulevard offers the kind of location that is increasingly difficult to replicate—high visibility along a major U.S. Highway, established commercial surroundings, convenient customer access, and an existing roadside marquee sign providing additional exposure along Memorial Boulevard. The property is also conveniently located near NW Broad Street / US 41/70S, with connectivity to Downtown Murfreesboro, Old Fort Parkway, I-24, and the greater Rutherford County market. The property features approximately 4,800 SF ± of main-level commercial retail space, complemented by substantial lower-level space, for a combined 9,800 SF ± of total building area. The building offers the potential to be configured into as many as four separate commercial spaces, creating opportunities for an owner-user, investor, or multi-tenant strategy. The lower level offers exceptional functionality with exterior access from both sides of the building, including a garage door on one side and a separate personnel door on the other. Metal and concrete staircase on both sides provide additional access to the lower levels. This configuration makes the space well suited for inventory, storage, equipment, business operations, or support space for the retail uses above. The property also benefits from several significant building improvements and durable construction features.These include a standing seam metal roof approximately seven years old, upgraded aluminum-and-glass double entry doors on the upper level, replacement ceiling tiles throughout the upper level, and updated LED lighting throughout the upper level and the lower level on the 509 side. The building also features
507 Memorial Blvd, Murfreesboro