2557 Broad Ave 5,500 SF Retail Building Memphis, TN 38112 $589,000 ($107.09/SF)

Crye-Leike Commercial is pleased to present for sale a unique two-story commercial property, nestled in the vibrant heart of the Broad Avenue Arts District in Memphis. This district, a thriving hub within the historic Binghampton community, is home to over 70 distinctive local businesses. These include eclectic boutique shops, captivating art galleries, creative artist studios, a variety of services, and a lively selection of restaurants and bars. The property in focus boasts a promising transformation into a dual-unit residential space. However, its true potential lies in its versatility for the imaginative developer. It holds the promise of a mixed-use masterpiece, envisioning retail or commercial endeavors on the ground floor, complemented by office spaces or residential units above. A noteworthy feature is the expansive garage at the rear, equipped with convenient grade-level roll-up doors, adding to the practicality and appeal of the space. The location's allure has recently escalated from simply amazing to extraordinarily supercharged, thanks to the development and launch of the Link Apartments, which stand proudly across the street. This property offers an exceptional opportunity to be part of a dynamic and evolving community, making it an ideal investment for those with a creative vision and an eye for opportunity. Contact us today for your private tour.