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1995 Madison Ave
Memphis, TN 38104
Office Property For Sale
Property Facts
Property Type
Office
Building Size
2,264 SF
Building Class
C
Year Built/Renovated
1918/1976
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,132 SF
Slab To Slab
9’
Building FAR
0.35
Lot Size
0.15 AC
Zoning
CH
Parking
16 Spaces (2.08 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Air Conditioning
About 1995 MADISON AVE , MEMPHIS, TN 38104
Live, Work, Play on Overton Square Price: $375,000 Total Units: 3 Cap Rate: 8.2% Updated multi-use building located near the growing Overton Square area in Midtown Memphis. Renovated building features new central A/C, siding, paint, plumbing, electrical, refinished hardwood floors, and updated bathrooms. Plenty of secure, gated parking in the rear of the building. 1. Salon - 1st floor, $832 plus utilities. 2% escalation per year; 2 years remain on lease 2. Office or Residential—1st floor; $1,500 per month, vacant (available for owner/occupant, if desired) 3. Residential - 2nd floor, two bedroom, 2 bath at $1,215 per month plus utilities; 12 month lease includes washer and dryer
Property Taxes
| Parcel Number | 01-7063-0-0003 | Improvements Assessment | $54,440 |
| Land Assessment | $51,200 | Total Assessment | $105,640 |
Property Taxes
Parcel Number
01-7063-0-0003
Land Assessment
$51,200
Improvements Assessment
$54,440
Total Assessment
$105,640
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