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$328,000
506 W Noel Street
Memphis, TX 79245
MLS# 26-6557



506 W Noel Street -01
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506 W Noel Street -01 506 W Noel Street -06 506 W Noel Street -05 506 W Noel Street -20 506 W Noel Street -19 506 W Noel Street -18 506 W Noel Street -17 506 W Noel Street -16 506 W Noel Street -15 506 W Noel Street -14 506 W Noel Street -13 506 W Noel Street -12 Bathroom Back store room Back office Pharmacy 506 W Noel Street -11 506 W Noel Street -30 506 W Noel Street -31 506 W Noel Street -22 506 W Noel Street -27

Property Description
Built in 1940 and prominently positioned on the town square in Memphis, TX, this commercial property offers an exceptional opportunity in the heart of the community. Known locally as the home of Memphis Pharmacy, the property benefits from a highly visible, central location surrounded by the businesses and activity of downtown Memphis. With its established commercial presence and versatile potential, this property could accommodate a variety or retail, professional, or service-based uses. Whether continuing its current use or bringing a new vision to the space, this is a unique opportunity to establish your business in a recognizable downtown location.

Details
Maps
Contract Information
L/A Supervisor: Shae Griminger
Supervisor's Phone #: 806-781-7987
L/A Supervisor License Number: 708962
Exchange For: CASH
Directions: From Amarillo, take US 287S east towards Childress approximately 85.9 miles, take a right on Noel Street approximately three blocks down to the town square, building will be on your left.
Property Information
Current Price: $328,000
To Be Auctioned: No
List Price: $328,000
Zone: 4000 - SE of Amarillo City Limits
Area: 4999 - All Others Not Identified
Status: Active
Realtor.COM Type: Commercial
Type: Business
Square Foot Source: Appr Measure
Total Rooms: 6
Total Restrooms: 1
Year Built: 1940
Photos are Virtually Staged: No
Taxes and Legal Information
House #: 506
Street Direction Pfx: W
Street Name: Noel
Street Sfx: Street
State/Province: TX
Postal Code: 79245
County: Hall
Legal: MEMPHIS ORIGINAL TOWN BLOCK:2 LOTS 4-5
Type of Business
Other Business: Retail/Office
Parking
Other Parking: Street
Property Features
Type of Business: Medical
Safety Features: Security System
Commercial Zoning: General Retail
Construction: Brick Veneer
Road Frontage: All Weather
Ceiling Heights: 11-15 ft
Floors: Carpet; Tile
Heating: Central Electric
Utilities Available: City Sewer; Electric

Listing Office: RockOne Realty, LLC
Listing Agent: Jason Griminger

Last Updated: September - 08 - 2026

Information deemed reliable but not guaranteed.