Map of Property

Virgie's Liquor & Wine

For Sale

2090 Elvis Presley Boulevard, Memphis, TN 38106

This Memphis property for sale is located at 2090 Elvis Presley Boulevard. The current listed sale price for Virgie's Liquor & Wine is $375,000. Virgie's Liquor & Wine is situated on a lot that is 0.6 acre in size.

Contacts

Lyndon Baskin

Myers Commercial Real Estate

Property Details

  • Property Type Retail - Freestanding
  • Property Size 25,962 SF
  • Units 5
  • Lot Size 0.6 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1955
  • Date Updated Apr 29, 2026
The area surrounding the property on Elvis Presley Boulevard offers a prime opportunity for Retail / Street Retail investors to pickup where this family owned business has thrived for 28 years.Prime opportunity to acquire a mixed-use retail property featuring an established liquor store business, ideal for owner-users or value-add investors. This ±5-unit retail strip includes one fully operational liquor store (owner-occupied), one leased unit (auto repair tenant paying $1,100/month), and three vacant units offering significant lease-up potential. The sale includes both the real estate and the liquor store business, presenting a turnkey opportunity for an owner-operator to step into a proven revenue stream. The owner is retiring and willing to train the new operator, ensuring a smooth transition and continued success.
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Highlights

  • ±5-unit retail strip with liquor store and mixed-use potential
  • 1 unit leased to auto shop ($1,100/month), 3 vacant
  • High-visibility location with ample parking
  • Ideal for owner-user or value-add investor (SBA Buyer)
  • Owner is retiring and willing to train the new operator
  • Seller to cooperate with ABC license transfer
  • Turnkey liquor store with business, inventory, and FF&E included

Getting around

  • 46/100

    Walk Score ®

  • 29/100

    Transit Score ®

  • 36/100

    Bike Score ®

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Location

  • City Memphis, TN
  • Neighborhood Alcy - Dunn
  • Zip Code 38106
  • Market Memphis

Points of Interest

  • Cleveland Street

    3.50 miles

  • Pauline

    3.63 miles

  • Dunlap

    3.69 miles

  • Central Station

    3.80 miles

  • Orleans

    3.80 miles

  • Butler

    3.91 miles

  • Huling

    3.99 miles

  • Danny Thomas

    4.04 miles

  • Dr. Martin Luther King, Jr.

    4.09 miles

  • Mobil

    2.02 miles

  • Marathon

    2.18 miles

  • Citgo

    2.37 miles

  • Exxon

    2.42 miles

  • Phillips 66

    2.65 miles

  • Valero

    2.79 miles

  • Mapco

    3.03 miles

  • ChargePoint

    7.21 miles

  • Tesla Supercharger

    9.01 miles

  • Democrat Tug Lot

    3.15 miles

  • POB Parking Garage

    3.21 miles

  • MUH Parking Garage

    3.22 miles

  • Cell Phone Lot

    3.24 miles

  • Associate Parking Garage

    3.25 miles

  • Economy Parking West Lot

    3.34 miles

  • Tennessee Welcome Center

    3.34 miles

  • Central Parking lot

    3.36 miles

  • CBU Resident Parking

    3.40 miles

  • Popeyes

    1.82 miles

  • Hernando's Hideaway

    1.93 miles

  • KFC

    2.18 miles

  • McDonald's

    2.21 miles

  • Payne's BAR-B-Q

    2.22 miles

  • Burger King

    2.23 miles

  • Interstate Barbecue

    2.24 miles

  • Subway

    2.35 miles

  • Domino's

    2.35 miles

  • Taco Bell

    2.45 miles

  • Superlo Foods

    2.08 miles

  • ALDI

    2.86 miles

  • Kroger

    3.33 miles

  • The Fresh Market

    3.49 miles

  • Viet Hoa Food Market

    3.56 miles

  • Cash Saver

    3.58 miles

  • Peabody Place

    4.12 miles

  • Cordelia's Market

    5.42 miles

  • High Point Terrace Shopping Center

    5.97 miles

  • Dillard's Women

    6.17 miles

Contact Listing Broker
Lyndon Baskin

Myers Commercial Real Estate

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