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189 Jefferson Ave 11,250 SF Office Building Memphis, TN 38103 For Sale

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INVESTMENT HIGHLIGHTS

  • 11,250± SF total building
  • 8,600± SF office
  • 5 offices, bull pen area, breakroom & server room
  • 2,650± SF warehouse
  • Built in 1910, 1 drive-in door (10’ x 12’) 1st Floor
  • 2 warehouse areas

EXECUTIVE SUMMARY

Discover a rare opportunity to own a historic two-story office building in the heart of Downtown Memphis. Built in 1910, this property combines timeless architectural character with functional versatility, making it ideal for investors or owner-users seeking a distinctive presence in a thriving urban setting. The building offers a well-balanced mix of office and warehouse space, creating flexibility for a variety of business operations. Inside, the first floor features multiple private offices, a bullpen area, breakroom, and server room, complemented by two warehouse sections with a convenient drive-in door. The second floor provides additional offices and collaborative spaces, ensuring ample room for administrative and operational needs.
Strategically located near Memphis’ central business district, this property benefits from excellent connectivity to major thoroughfares, vibrant retail corridors, and cultural landmarks. Its proximity to government offices, entertainment venues, and residential developments enhances long-term value and positions the asset for strong appreciation. The building is equipped with a wet sprinkler system and offers a minimum clear height of over 11 feet in the warehouse, supporting light industrial or storage uses. Whether you envision a corporate headquarters, creative workspace, or adaptive reuse project, this property delivers a compelling blend of history, functionality, and location advantage.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Building Size
11,250 SF
Building Class
C
Year Built
1910
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,625 SF
Slab To Slab
9’
Building FAR
1.52
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
CBD - Commercial

AMENITIES

  • Bus Line
  • Signage
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-2027-0-0002
Land Assessment
$59,240
Improvements Assessment
$189,760
Total Assessment
$249,000
  • Listing ID: 34923230

  • Date on Market: 2/24/2025

  • Last Updated:

  • Address: 189 Jefferson Ave, Memphis, TN 38103

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