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- LoopNet Team
147 Jefferson Ave
Memphis, TN 38103
Multifamily Property For Sale
·
100,000 SF
PROPERTY FACTS
| Property Type | Multifamily | Construction Status | Abandoned |
| Property Subtype | Apartment | Building Size | 100,000 SF |
| Apartment Style | Mid-Rise | No. Stories | 12 |
| Building Class | B |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Construction Status | Abandoned |
| Building Size | 100,000 SF |
| No. Stories | 12 |
ABOUT 147 JEFFERSON AVE , MEMPHIS, TN 38103
Adaptive 12 story building proposed mixed use project located at the corner of Jefferson ave and Second st. in Downtown Memphis. The building (at 120,000 sq-ft, including full basement) is the earliest example of post-World War II International design, was the first air-conditioned office building and first to provide off street parking to its tenants in the downtown area. Architectural schematic design drawings are being developed as directed by existing market analysis. As design drawing is completed, construction cost analysis will be provided by local area contractors. Project is extremely well located in the heart of Downtown Memphis business district across from Court Square Park, Beale St., Shelby County, and City of Memphis government offices, Courthouses, Police headquarter and poised to capture substantial market value. Owner interested in developing alliances with active developers and serious investors. Other submitted options will be consider including design-built to suite single or multiple tenants. Project is extremely well located in the heart of Downtown Memphis business district across from Court Square Park, Beale St., Shelby County, and City of Memphis government offices, Courthouses, Police headquarter and poised to capture substantial market value. Ground lease and 1031 exchange options will be considered.
