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238-240 Poplar Ave
Memphis, TN 38103
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Directly across from Shelby County Courthouse.
  • Possible Air BNB
  • Great Live/Work/Play Opportunity
  • Parking Lot included with 31 spots.

PROPERTY FACTS

Property Type
Office
Building Size
8,096 SF
Building Class
C
Year Built
1915
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,048 SF
Slab To Slab
10’
Building FAR
0.45
Lot Size
0.41 AC
Zoning
CBD - Central Business District multi-use zoning
Parking
31 Spaces (3.83 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Fenced Lot
  • Signage
  • Partitioned Offices

ABOUT 238-240 POPLAR AVE , MEMPHIS, TN 38103

This listing is an incredible Downtown redevelopment opportunity. The site consists of two buildings and a parking lot perfectly positioned across from the Shelby County criminal court and jailhouse. One building has two retail bays; one rented to a long time bail bond company and an additional vacancy on the bottom, and residential apartments converted to offices on the second floor. Great Air BNB renovation available. The second building is executive offices rented to attorneys taking advantage of the proximity to the courthouse. The adjacent lot has approximately 31 parking spaces that are included in the sale. Great potential for a live, work, play owner user or investment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-1043-0-0018C
Land Assessment
$178,600
Improvements Assessment
$84,960
Total Assessment
$263,560
  • Listing ID: 17571003

  • Date on Market: 10/28/2019

  • Last Updated:

  • Address: 238-240 Poplar Ave, Memphis, TN 38103

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