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2557 Broad Ave 5,500 SF Retail Building Memphis, TN 38112 $549,000 ($99.82/SF)
Executive Summary
Crye-Leike Commercial is proud to offer this rare two-story commercial property for sale, located in the vibrant and rapidly evolving Broad Avenue Arts District of Memphis. Nestled in the historic Binghampton neighborhood, this energetic district is home to more than 70 independent businesses—from eclectic boutiques and inspiring art galleries to creative studios, local services, and an array of buzzing restaurants and bars.
This property offers endless potential for transformation. Whether reimagined as dual residential units or developed into a standout mixed-use space, it’s a blank canvas for visionary investors. Picture vibrant retail or commercial use on the ground floor, with stylish loft-style offices or residential units above.
A key feature is the large rear garage with grade-level roll-up doors—ideal for storage, deliveries, or creative adaptive reuse.
And location? It doesn’t get better. Directly across the street, the newly launched Link Apartments have injected new energy into the area, bringing increased foot traffic, visibility, and long-term value.
This is more than just a property—it’s a chance to be part of a thriving, artist-driven community on the rise. Perfect for developers, investors, or entrepreneurs ready to make their mark.
Schedule your private tour today and explore the possibilities.
This property offers endless potential for transformation. Whether reimagined as dual residential units or developed into a standout mixed-use space, it’s a blank canvas for visionary investors. Picture vibrant retail or commercial use on the ground floor, with stylish loft-style offices or residential units above.
A key feature is the large rear garage with grade-level roll-up doors—ideal for storage, deliveries, or creative adaptive reuse.
And location? It doesn’t get better. Directly across the street, the newly launched Link Apartments have injected new energy into the area, bringing increased foot traffic, visibility, and long-term value.
This is more than just a property—it’s a chance to be part of a thriving, artist-driven community on the rise. Perfect for developers, investors, or entrepreneurs ready to make their mark.
Schedule your private tour today and explore the possibilities.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,500 SF
Building Class
C
Year Built
1915
Price
$549,000
Price Per SF
$99.82
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.80
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
CN - Commercial
Parking
2 Spaces (0.36 Spaces per 1,000 SF Leased)
Frontage
37’ on Broad Ave
Amenities
- Bus Line
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-3021-0-0010 | Improvements Assessment | $118,560 (2025) |
| Land Assessment | $8,120 (2025) | Total Assessment | $126,680 (2025) |
Property Taxes
Parcel Number
03-3021-0-0010
Land Assessment
$8,120 (2025)
Improvements Assessment
$118,560 (2025)
Total Assessment
$126,680 (2025)
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2557 Broad Ave
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