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183 Chelsea Ave
Memphis, TN 38107
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corner Lot
- Prime Commercial Opportunity in Uptown Memphis
- Near Multiple Development Projects
EXECUTIVE SUMMARY
Unlock the full potential of 183 N Chelsea Ave, a cleared and EPA-inspected property perfectly positioned for your next multi-family development or restaurant concept. Located in the rapidly revitalizing Uptown district, this lot sits just minutes from Downtown Memphis, the Pinch District, and St. Jude expansion projects offering unparalleled access to growth, infrastructure, and community energy.
With environmental inspections complete and a clean bill of health, this site is ready for immediate development. Whether you're envisioning boutique apartments, a mixed-use building, or a locally loved eatery, the zoning and location support bold, high-impact projects.
Key Highlights:
EPA-inspected and cleared.
Ideal for multi-family or commercial/restaurant use
Located in the path of Uptown and Downtown Memphis revitalization
Flat, buildable lot with excellent street visibility and access
Seize this rare opportunity to create something remarkable in a neighborhood poised for long-term growth and transformation.
With environmental inspections complete and a clean bill of health, this site is ready for immediate development. Whether you're envisioning boutique apartments, a mixed-use building, or a locally loved eatery, the zoning and location support bold, high-impact projects.
Key Highlights:
EPA-inspected and cleared.
Ideal for multi-family or commercial/restaurant use
Located in the path of Uptown and Downtown Memphis revitalization
Flat, buildable lot with excellent street visibility and access
Seize this rare opportunity to create something remarkable in a neighborhood poised for long-term growth and transformation.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,811 SF
Building Class
C
Year Built
1953
Price
$400,000
Price Per SF
$220.87
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
HDR - Commercial Highway
Frontage
228’ on Chelsea Ave
PROPERTY TAXES
| Parcel Number | 00-1079-0-0001 | Improvements Assessment | $3,440 |
| Land Assessment | $11,360 | Total Assessment | $14,800 |
PROPERTY TAXES
Parcel Number
00-1079-0-0001
Land Assessment
$11,360
Improvements Assessment
$3,440
Total Assessment
$14,800
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