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66 Monroe Ave
Memphis, TN 38103
The Shrine Building · Office Property For Sale


Investment Highlights
- Office condominium offered for sale at $450,000.
- Fully built-out and move-in ready office environment.
- Proximity to courthouses, government offices, and business services.
- Approximately 3,458 SF of professional office space.
- Located in the heart of Downtown Memphis.
- Convenient access to restaurants, hotels, and downtown amenities.
Executive Summary
66 Monroe Avenue is located within the Downtown Memphis business district, one of the region's primary centers for commerce, government, legal services, hospitality, and professional employment. The property is positioned near key business and civic destinations, providing convenient access to major roadways, public transportation, parking facilities, restaurants, and entertainment venues. The office condominium's downtown location creates a professional environment attractive to a wide range of businesses seeking a central and recognizable business address. The surrounding area includes office buildings, government facilities, legal offices, financial institutions, residential developments, and retail amenities that contribute to a vibrant urban business setting. The property's combination of size, existing office improvements, and downtown accessibility makes it suitable for owner-users, professional service firms, and investors seeking a well-located office asset.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Previously occupied by a law office, the condominium features a functional layout designed to support client interaction, private meetings, administrative operations, and executive office requirements. The existing floor plan allows a new owner to occupy the space with minimal modification while also providing flexibility for reconfiguration to suit specific business needs.
Ownership offers the benefits of a commercial condominium structure, allowing users to own their office space while sharing responsibility for common building elements through the condominium association.
The existing buildout offers a turnkey environment with private offices, conference areas, reception space, administrative support areas, and employee workspaces designed to accommodate a professional business operation. The two-story configuration provides separation between client-facing and operational functions while creating an efficient and attractive workplace environment.
Located within Memphis' central business district, the property benefits from proximity to government offices, courthouses, financial institutions, restaurants, hotels, and major employers. This strategic location offers excellent accessibility for employees, clients, and business partners while positioning ownership within one of the city's most established commercial corridors.
Whether for an owner-user seeking to control occupancy costs or an investor pursuing a downtown office asset, this offering provides an opportunity to acquire a well-maintained office condominium with an established professional layout and immediate usability.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101-2 | 3,458 SF | Office | Upon Request | - |
Unit 101-2
| Unit Size |
| 3,458 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 101-2
| Unit Size | 3,458 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Units 101-2 and 103-4 comprise approximately 3,458 square feet of professional office condominium space within 66 Monroe Avenue, a mixed-use commercial condominium development located in Downtown Memphis. The space is arranged over two floors and has been fully improved for professional office use.<br> <br> Previously occupied by a law office, the condominium features a functional layout designed to support client interaction, private meetings, administrative operations, and executive office requirements. The existing floor plan allows a new owner to occupy the space with minimal modification while also providing flexibility for reconfiguration to suit specific business needs.<br> <br> Ownership offers the benefits of a commercial condominium structure, allowing users to own their office space while sharing responsibility for common building elements through the condominium association.</li></ul> | |
| Sale Notes | |
| Offered for sale at $450,000, Units 101-2 and 103-4 at 66 Monroe Avenue provide a rare opportunity to acquire a fully built-out office condominium in the heart of Downtown Memphis. Encompassing approximately 3,458 square feet across two levels, the property features a professional layout previously occupied by a law firm and is well-suited for attorneys, accounting firms, consulting groups, financial services providers, medical-adjacent users, or a variety of professional office occupants.<br> <br> The existing buildout offers a turnkey environment with private offices, conference areas, reception space, administrative support areas, and employee workspaces designed to accommodate a professional business operation. The two-story configuration provides separation between client-facing and operational functions while creating an efficient and attractive workplace environment.<br> <br> Located within Memphis' central business district, the property benefits from proximity to government offices, courthouses, financial institutions, restaurants, hotels, and major employers. This strategic location offers excellent accessibility for employees, clients, and business partners while positioning ownership within one of the city's most established commercial corridors.<br> <br> Whether for an owner-user seeking to control occupancy costs or an investor pursuing a downtown office asset, this offering provides an opportunity to acquire a well-maintained office condominium with an established professional layout and immediate usability.</li></ul> |
Property Facts
| Total Building Size | 70,941 SF | Floors | 14 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 1,325 SF |
| Property Subtype | Apartment | Year Built | 1923 |
| Building Class | B | Lot Size | 0.17 AC |
| Zoning | CBD | ||
| Total Building Size | 70,941 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 14 |
| Typical Floor Size | 1,325 SF |
| Year Built | 1923 |
| Lot Size | 0.17 AC |
| Zoning | CBD |
Amenities
Site Amenities
- 24 Hour Access
- Fitness Center
- Pool
- Sauna
- Tenant Controlled HVAC
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 75 | - | - |
