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137-143 Madison Ave 13,000 SF 100% Leased Retail Building Memphis, TN 38103 $1,395,000 ($107.31/SF)
EXECUTIVE SUMMARY
Great Value Add Mix-Use Development
Located in the heart of downtown Memphis, 137-143 Madison Avenue presents a rare opportunity to invest in a highly sought-after corridor. This prime property offers exceptional visibility, high foot traffic, and proximity to key landmarks such as AutoZone Park, the Peabody Hotel, and the vibrant South Main Arts District.
With flexible zoning and a strategic location, this site is ideal for mixed-use development, retail, office space, or multifamily ventures. Whether you're looking to restore historic charm or create a modern urban destination, this property provides the perfect foundation for success.
Take advantage of the momentum in downtown Memphis—this is your chance to be part of the city's next chapter. Contact us today to explore the potential of 137-143 Madison Avenue.
Located in the heart of downtown Memphis, 137-143 Madison Avenue presents a rare opportunity to invest in a highly sought-after corridor. This prime property offers exceptional visibility, high foot traffic, and proximity to key landmarks such as AutoZone Park, the Peabody Hotel, and the vibrant South Main Arts District.
With flexible zoning and a strategic location, this site is ideal for mixed-use development, retail, office space, or multifamily ventures. Whether you're looking to restore historic charm or create a modern urban destination, this property provides the perfect foundation for success.
Take advantage of the momentum in downtown Memphis—this is your chance to be part of the city's next chapter. Contact us today to explore the potential of 137-143 Madison Avenue.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
13,000 SF
Building Class
C
Year Built
1910
Price
$1,395,000
Price Per SF
$107.31
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Slab To Slab
11’
Building FAR
4.97
Lot Size
0.06 AC
Zoning
CBD
Frontage
AMENITIES
- Banking
- Bus Line
- Restaurant
- Signage
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00-2059-0-0001 | Improvements Assessment | $19,960 |
| Land Assessment | $44,920 | Total Assessment | $64,880 |
