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650 New York St 21,330 SF 100% Leased Office Building Memphis, TN 38104 For Sale
Executive Summary
Located on a quiet block of New York Street – just one block off Central Avenue – this distinctive property is strategically positioned between the Cooper-Young neighborhood and the Broad Avenue Arts District, two of Midtown’s most dynamic and sought after areas. Also, this property has easy access to both downtown and east Memphis. The building offers flexible, open plan space designed to attract creative and professional tenants, including architecture and design firms, advertising agencies, and boutique office users. A glass walled mezzanine level overlooks the workspace below, adding architectural character while promoting light-filled, collaborative work environments.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
21,330 SF
Building Class
B
Year Built
1950
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,665 SF
Building FAR
0.34
Lot Size
1.44 AC
Opportunity Zone
Yes
Zoning
IL - I-L Zoning (Light Industrial)
Parking
58 Spaces (2.72 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 02-8017-0-0029 | Improvements Assessment | $490,040 |
| Land Assessment | $63,600 | Total Assessment | $553,640 |
Property Taxes
Parcel Number
02-8017-0-0029
Land Assessment
$63,600
Improvements Assessment
$490,040
Total Assessment
$553,640
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
650 New York St