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1200 Madison Ave 1,673 SF Retail Building Memphis, TN 38104 For Sale
EXECUTIVE SUMMARY
1200 Madison is a well-located retail property totaling 1,890
square feet, occupied by a renowned chocolatier. Situated on
high-traffic Madison Avenue, the property benefits from its
proximity to Mississippi Blvd Church and surrounding
commercial activity. Built in 1929 and extensively remodeled in
2018, the space features modern design and structural integrity.
The parcel sits on a 2,676-square-foot lot, offering potential for
future development or customization. Currently leased to a longterm tenant with flexible one-year lease terms, this asset
presents an attractive opportunity for investors seeking stable
income with optionality for future use or repositioning.
square feet, occupied by a renowned chocolatier. Situated on
high-traffic Madison Avenue, the property benefits from its
proximity to Mississippi Blvd Church and surrounding
commercial activity. Built in 1929 and extensively remodeled in
2018, the space features modern design and structural integrity.
The parcel sits on a 2,676-square-foot lot, offering potential for
future development or customization. Currently leased to a longterm tenant with flexible one-year lease terms, this asset
presents an attractive opportunity for investors seeking stable
income with optionality for future use or repositioning.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,673 SF
Building Class
C
Year Built
1929
Tenancy
Single
Building Height
1 Story
Building FAR
0.64
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
CH
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
31’ on Madison Ave
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-7003-0-0014 | Improvements Assessment | $45,400 |
| Land Assessment | $20,720 | Total Assessment | $66,120 |
PROPERTY TAXES
Parcel Number
01-7003-0-0014
Land Assessment
$20,720
Improvements Assessment
$45,400
Total Assessment
$66,120
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1200 Madison Ave
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