Murfreesboro, TN 37129
$1,975,000
LOCATION. VISIBILITY. FLEXIBILITY. | 9,600 SF ± COMMERCIAL RETAIL Outstanding opportunity to acquire approximately 9,600 SF ± of commercial space directly on Memorial Boulevard / US Highway 231, one of Murfreesboro's most established commercial corridors. 507–509 Memorial Boulevard offers excellent highway visibility, convenient customer access, and an existing roadside marquee sign providing additional exposure. Strategically located near NW Broad Street / US 41/70S, with convenient connectivity to Downtown Murfreesboro, Old Fort Parkway, and I-24. The property features approximately 4,800 SF ± of main-level retail space with an additional 4,800 SF ± of lower-level space. The flexible configuration offers the potential for up to four separate commercial spaces, making it attractive for an owner-user, investor, or multi-tenant strategy. The lower level features exterior garage door access on one side, a separate personnel entrance on the other, and metal-and-concrete stairways providing additional access. Significant improvements include a standing seam metal roof approximately seven years old, upgraded aluminum-and-glass double entry doors, replacement ceiling tiles throughout the upper level, and LED lighting upgrades on the upper level and lower level of the 509 side. Prestressed load-bearing concrete beams between levels provide a substantial structural framework. Ideal for retail, showroom, professional services, office, or other commercial uses, subject to applicable approvals. Highway frontage, flexible occupancy, functional lower-level space, and meaningful building improvements make this a compelling Murfreesboro commercial investment opportunity. Put Your Business Where Murfreesboro Sees It.
Listing provided by Hunter McDonald, ABR®, C2EX, PSA, e-PRO,
Brokered by Red Realty, LLC (6158962733)
Listings courtesy of RealTracs, Inc. as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 2026-11-11T07:30:52+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.
Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore market data for Murfreesboro
City-wide statistics
This property doesn't have specific neighborhood information available.
Timeline of listing events and status changes
Currently active listing
1 month ago • Oct 10, 2026
32 days on market
$1,975,000
$2,500
Discover all homes, neighborhoods, schools, and market trends in Murfreesboro, TN.
This property doesn't have specific neighborhood information available.