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



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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
To Be Auctioned: No
Zone: 4000 - SE of Amarillo City Limits
Photos are Virtually Staged: No
Realtor.COM Type: Commercial
Type: Business
Square Foot Source: Appr Measure
List Price Per Sq. Ft.: 0
Total Rooms: 6
Total Restrooms: 1
Current Price: $328,000
List Price: $328,000
Area: 4999 - All Others Not Identified
Status: Active
Year Built: 1940
Taxes and Legal Information
City: Memphis
Legal: MEMPHIS ORIGINAL TOWN BLOCK:2 LOTS 4-5
House #: 506
Street Direction Pfx: W
Street Name: Noel
Street Sfx: Street
State/Province: TX
Postal Code: 79245
County: Hall
Type of Business
Medical: 1
Other Business: Retail/Office
Safety Features
Security System: 1
Road Frontage
All Weather: 1
City: 1
Commercial Zoning
General Retail: 1
Construction
Brick Veneer: 1
Heating
Central Electric: 1
Parking
Other Parking: Street
A/C
Central Air: 1
Ceiling Heights
11-15 ft: 1
Floors
Carpet: 1
Tile: 1
Utilities Available
City Sewer: 1
Electric: 1
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: August - 14 - 2026

Information deemed reliable but not guaranteed.