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2151 Monroe Ave 2,400 SF Office Building Memphis, TN 38104 $399,000 ($166.25/SF)
Investment Highlights
- Office-Residential
- Parking Lot in Rear
- Overton Square Area
Executive Summary
Great Location across from Overton Square. This is a home/duplex that has a use variance for Light Office Use. There is an apartment upstairs withKitchen and Full Bath that could also be part an extension of the Office use downstairs or could be a nice Live-Work Opportunity. Parking Lot in rear has an electric gatewith entrance off the alley. There are lots of possibilities for this property in a great location!
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,400 SF
Building Class
C
Year Built
1905
Price
$399,000
Price Per SF
$166.25
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,200 SF
Building FAR
0.28
Lot Size
0.20 AC
Zoning
RU-1 - This property has a Board of Adjustments Variance to Allow Light Office Use
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Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-8006-0-0003 | Improvements Assessment | $2,360 |
| Land Assessment | $53,800 | Total Assessment | $56,160 |
Property Taxes
Parcel Number
02-8006-0-0003
Land Assessment
$53,800
Improvements Assessment
$2,360
Total Assessment
$56,160
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Contact the Sale Advisor
2151 Monroe Ave