1233 Peabody Ave 6,150 SF Vacant Office Building Memphis, TN 38104 $499,000 ($81.14/SF)

Prime Location in Memphis’ Medical District!
Seize the opportunity to own a piece of Memphis history with this charming and versatile historic property, located at 1227-1233 Peabody Avenue (includes three parcels). Nestled in the heart of the highly sought-after Medical District, this property offers an exceptional blend of classic architecture and modern convenience, making it a perfect investment for a variety of uses.
Property Features:
Ideal for Law Offices or Professional Offices: With its spacious rooms, high ceilings, and distinct historical character, this property offers an inspiring environment for any professional office. Its proximity to major medical institutions, including Methodist University Hospital, makes it an ideal choice for law offices specializing in healthcare law, medical professionals, or any business serving the medical community.
Student Housing Potential: Positioned near key educational and medical institutions, this property could also be a great candidate for student housing, catering to the growing demand for living spaces near the University of Tennessee Health Science Center and other local schools.
Opportunity to redevelope into multi-family property. Additional lot next to home is vacant and ready for another building, garage or parking lot.
Historic Charm: Retaining much of its original character, this property is full of unique architectural details that lend it a timeless elegance. With hardwood floors, tall windows, intricate moldings, and a welcoming exterior, this property provides a warm and professional atmosphere.
Prime Location: Just minutes from Methodist University Hospital and other medical facilities, the property is also conveniently located near downtown Memphis, offering easy access to local amenities, transportation, and business hubs.
Whether you're looking for a space to establish your law office, create a professional work environment, or provide student housing, this historic property offers unparalleled potential. Don’t miss out on this rare opportunity to invest in a prime location with endless possibilities!
For more information or to schedule a tour, contact us today.