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Court Square Redevelopment Opportunity | 103 S Court Sq
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Court Square Redevelopment Opportunity 103 S Court Sq
7,500 SF Retail Building Memphis, TN 38103 $700,000 ($93/SF)
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EXECUTIVE SUMMARY
Redevelopment Opportunity on Court Square in Downtown Memphis. This property has been partially redeveloped, the first floor has been done and is leased to a restaurant at $4200 per month gross. The 2 upstairs floors are perfect for apartments or office space. See attached plans. The 2nd and 3rd floors are approximately 2500 square feet each level and there is a full basement not included in the 7,500 square foot total space.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
C
Year Built/Renovated
1883/2022
Price
$700,000
Price Per SF
$93
Tenancy
Single
Building Height
3 Stories
Slab To Slab
10’
Building FAR
0.34
Lot Size
0.50 AC
Zoning
CBD - CBD is central business district and allows for mixed use
Frontage
36 FT on S Court Sq
AMENITIES
- Bus Line
- Commuter Rail
- Restaurant
- Signage
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (90)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 00-2015-0-0002 | Improvements Assessment | $149,080 |
Land Assessment | $32,600 | Total Assessment | $181,680 |
PROPERTY TAXES
Parcel Number
00-2015-0-0002
Land Assessment
$32,600
Improvements Assessment
$149,080
Total Assessment
$181,680
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Court Square Redevelopment Opportunity | 103 S Court Sq
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