Redevelopment Corner in Downtown 454 Vance Ave 5,035 SF 100% Leased Retail Building Memphis, TN 38126 $375,000 ($74.48/SF)

Myers Commercial Real Estate is pleased to offer the opportunity to acquire this approximately 5,035 square foot building on a 0.15 acre pad site, steps away from the FedEx Forum and other notable Downtown Memphis revitalization. Positioned in a rapidly evolving corridor of downtown Memphis, 454 Vance Avenue presents an exceptional investment opportunity surrounded by transformative new developments. Nestled in between 202 luxury residences at Forum Flat’s high-end apartment homes, and 1-000+ units between Foote Park at South City & Clearborn Pointe at Heritage Landing apartments, this corner location is poised for exponential growth. These new multifamily projects signal increasing demand for residential and commercial space, making 454 Vance Ave the perfect site for a boutique mixed-use development, retail space, or a modern multifamily investment as it’s located in the South Central Business Improvement District , allowing residential and CMU-1 zoned uses by right. As downtown Memphis continues its renaissance, this property offers a rare chance to capitalize on the city’s booming real estate landscape. Don’t miss out on securing your place in one of Memphis’ most promising growth corridors!
Owner financing available.