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247 N Cleveland St 4,840 SF Retail Building Memphis, TN 38104 $695,000 ($143.60/SF)
Executive Summary
A Poised, Midtown-Area Mid-Size Retail Building with Great Parking. Across the street from Kroger and in the fast growing Crosstown Concourse Trade Area. Midtown Memphis is Hoppin'!
Property Facts
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
4,840 SF
Building Class
C
Year Built
1950
Price
$695,000
Price Per SF
$143.60
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
CMU-3 - Commercial
Parking
15 Spaces (3 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
A large, openly configured space with a very rare large parking lot. A fantastic restaurant or hip retail re-development opportunity serving Midtown, Downtown & Crosstown.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,000 SF | Retail | - | Now |
1st Floor
| Size |
| 5,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
A large, openly configured space with a very rare large parking lot. A fantastic restaurant or hip retail re-development opportunity serving Midtown, Downtown & Crosstown.
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-0024-0-0012 | Improvements Assessment | $45,840 |
| Land Assessment | $42,760 | Total Assessment | $88,600 |
Property Taxes
Parcel Number
02-0024-0-0012
Land Assessment
$42,760
Improvements Assessment
$45,840
Total Assessment
$88,600
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247 N Cleveland St
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