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Former Memphis Theological Seminary 1 Specialty Properties in Memphis, TN
Executive Summary
Commercial Advisors is pleased to present the former site of Memphis Theological Seminary for sale. The site is a total of +/- 5.401 acres. Located at Union Avenue and East Parkway, the property is well positioned in Midtown. Union Avenue has traffic counts of over 23,000 VPD and more than 24,000 VPD on East Parkway.
The property has a mix of building. At the corner of Union and East Parkway is the beautiful Newburger Mansion. The home was originally constructed in 1912 by “cotton man” Joseph Newburger. The building is approximately 24,000 square feet and includes the original home, a 4-story library, and a recently renovated chapel.
In addition to the Newburger Mansion, there are two large homes built after the Newburger Mansion. They are approximately +/- 6,531 sq ft and +/- 5,050 sq ft. The two buildings are well maintained and keep many of the same historic architectural characteristics from when they were originally built. There is also a +/- 2,053 sq ft “carriage house” behind the homes. All of these spaces are most recently used for seminary classroom space and office space.
Two (2) duplexes located on Roberta Dr are also available. Each has 4 bedrooms and two bathrooms.
Finally there is +/- 1.303 acres of contiguous land. The site has been approved for a residential development.
The property is available to be sold as a whole, or separately by parcel.
The property has a mix of building. At the corner of Union and East Parkway is the beautiful Newburger Mansion. The home was originally constructed in 1912 by “cotton man” Joseph Newburger. The building is approximately 24,000 square feet and includes the original home, a 4-story library, and a recently renovated chapel.
In addition to the Newburger Mansion, there are two large homes built after the Newburger Mansion. They are approximately +/- 6,531 sq ft and +/- 5,050 sq ft. The two buildings are well maintained and keep many of the same historic architectural characteristics from when they were originally built. There is also a +/- 2,053 sq ft “carriage house” behind the homes. All of these spaces are most recently used for seminary classroom space and office space.
Two (2) duplexes located on Roberta Dr are also available. Each has 4 bedrooms and two bathrooms.
Finally there is +/- 1.303 acres of contiguous land. The site has been approved for a residential development.
The property is available to be sold as a whole, or separately by parcel.
Property Facts
| Sale Type | Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 37,809 SF |
| Number of Properties | 3 | Total Land Area | 2.35 AC |
| Sale Type | Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 37,809 SF |
| Total Land Area | 2.35 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
MEMPHIS THEOLOGICAL SEM CUM PRESB CH
170 E Parkway S, Memphis, TN 38104 |
Specialty | 37,809 SF | 1937 | - |
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Former Memphis Theological Seminary
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