1448 Madison Ave 4,842 SF Office Building Memphis, TN 38104 $549,000 ($113.38/SF)



EXECUTIVE SUMMARY
A nicely-finished, high-profile professional office building in Midtown, Memphis features a unique gray stone exterior, lovely woodwork and modernized interiors. An excellent attorney’s office, gallery space, residential or restaurant redevelopment; this building features old-Memphis charm and modern professional upgrades - including a glassed-in conference room, hard wood flooring and attractive wood trim throughout, updated bathrooms, a second story deck, and a generous-sized parking lot.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
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Taxes |
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Operating Expenses |
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Total Expenses |
$99,999
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$9.99
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PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
4,842 SF
Building Class
C
Year Built/Renovated
1900/2021
Price
$549,000
Price Per SF
$113.38
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,421 SF
Slab To Slab
10’
Building FAR
0.29
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
CMU-1
Parking
15 Spaces (3.53 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Restaurant
- Security System
- Signage
- Smoke Detector
1 of 5
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
Parcel Number | 01-7022-0-0015 | Improvements Assessment | $50,360 |
Land Assessment | $77,840 | Total Assessment | $128,200 |