397 S Front St, Memphis, TN, 38103 - Available for Sale

Industrial For Sale

This listing is currently for sale. To see other active properties for sale, begin a new search.

Browse More Listings in Industrial For Sale, Memphis, TN or Tennessee

397 and 391 S Front

397 S Front St, Memphis, TN 38103

$699,000

36,600 SF | Industrial

  • Share
  • Print

Industrial Property For Sale

Price:
$699,000
Building Size:
36,600 SF
Price/SF:
$19.10
Property Type:
Industrial
Property Sub-type:
Warehouse
Property Use Type:
Vacant/Owner-User
Commission Split:
3%
No. Stories:
2
Year Built:
1935
Clear Ceiling Height:
12 ft.
Dock-High Doors/Loading:
2
Lot Size:
24,000 SF
Listing ID
17486997
Last Updated
28 days ago

Find Out More...

Utilities

  • Electricity/Power

Highlights

  • Downtown Memphis Warehouse
  • Multifamily Development Opportunity
  • South Main Historic District
  • Loft Apartment Conversion Opportunity

Description

This is an approximately 32,000 square foot 2 story warehouse plus a 5,100 sf warehouse adjoining at 391 S Front. (PRICE INCLUDES BOTH BUILDINGS) This could be used for a simple warehouse use or has a great potential to be converted to Loft Apartments are create parking on the Lot of the 5100 sf warehouse at 391 S Front (lot on 391 S Front is 30 x 200). The main building at 397 S Front has 16 to 20 foot column spacing. The building is solid concrete with concrete columns and had a 3rd floor at one time. This building could easily support another floor or two of wood construction ( we are not structural engineers and this is our opinion based on previous experience and asking people in the know on this subject)

This property is located in the South Main Historic District area just one block from the Trolley line to the east and one block from the River Bluff to the west. There 4 residential condo developments within 100 yards of this property and million dollar homes on Tennessee Street just a block to the west. This is an excellent opportunity to for a small mulitfamily development.

Map of 397 S Front St, Memphis, TN 38103 (Shelby County)

Research for 397 S Front St, Memphis, TN 38103 (Shelby County)

  • Demographics – Population, income & other demographics near 397 S Front St
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Contact Listing Broker to find out more details.

Presented by Garland Company Real Estate
Request Additional Information
--ext
Contact Listing Broker

By clicking "Contact Listing Broker", you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

New to LoopNet? No problem. As a courtesy, LoopNet will automatically create a free account so that you can access more listing details, setup new listing alerts, and more.

We will not share your email address. View our Privacy Policy.

More from:

Asking Price Index Trends for Memphis, TN Industrial For Sale

  Aug 14 vs. 3 mo.
prior
Y-O-Y
-
State
$36.96-1.0%-0.4%
-
Metro
$29.77-1.4%-6.6%
-
County
$27.38-4.2%-9.1%
-
City
$27.54-2.4%-5.8%

View Memphis Market Trends for other property types for sale or lease. Learn more about the chart info.

397 and 391 S Front
  • Industrial
  • $699,000
  • 36,600 SF