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5501 Winchester Rd - C 1,500 SF Office Condo Unit Offered at $145,000 in Memphis, TN 38115

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EXECUTIVE SUMMARY

All brick 2 office condos for sale, property can be seperated or come as one 1500 unit with 5 office reception area and 2 bathrooms

PROPERTY FACTS

Total Building Size 2,250 SF
Property Type Office (Condo)
Property Subtype Office/Residential
Building Class B
Floors 1
Typical Floor Size 2,250 SF
Year Built 1984
Lot Size 0.07 AC
Parking Ratio 10/1,000 SF
Zoning Commercial

AMENITIES

  • Bus Line
  • Courtyard
  • Signage

1 UNIT AVAILABLE

Unit 1

Unit Size 1,500 SF
Price $145,000
Price Per SF $96.67
Condo Use Office
Sale Type Investment or Owner User
Cap Rate 8.28%
NOI $12,000
No. Parking Spaces 4
DESCRIPTION

1500 sq ft office condo for sale in excellent condition with 5 offices reception area and 2 bathroom, property can be subdivided to have two different addresses for two different businesses.

SALE NOTES

all cash sale will consider owner financing with 20% down payment

  • Listing ID: 35611739

  • Date on Market: 4/23/2025

  • Last Updated:

  • Address: 5501 Winchester Rd, Memphis, TN 38115

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