1981 Union Ave 5,900 SF Office Building Memphis, TN 38104 $644,000 ($109.15/SF)
INVESTMENT HIGHLIGHTS
- Seller Financing Available
- Impressive Union Ave Signage
- Incredible Landmark Location
- Potential On-Site Parking Expansion
EXECUTIVE SUMMARY
CRYE-LEIKE COMMERCIAL proudly presents an exceptional two-story office building for sale, ideally situated on the historic Union Avenue in Memphis, Tennessee. This prime corner property offers unmatched visibility and accessibility, directly across from Chick-fil-A and just minutes away from Riverside Drive and the vibrant downtown area.
This property captures attention with its high-profile pylon signage and front door exposure to over 28,000 vehicles daily. It features 17 dedicated parking spaces and includes a spacious outdoor storage building, providing ample convenience for various business needs.
Inside, visitors are welcomed by an abundance of natural light highlighting the original hardwood floors and high ceilings while showcasing the building's well-preserved charm. The flexible layout offers a balanced mix of open areas ideal for product displays or collaborative workspaces, alongside multiple private offices, conference rooms, and additional storage across both levels.
This is a rare opportunity to secure a prominent office location on one of Memphis' most notable corridors. Don’t miss your chance—contact us today for more information or to schedule a private tour.
This property captures attention with its high-profile pylon signage and front door exposure to over 28,000 vehicles daily. It features 17 dedicated parking spaces and includes a spacious outdoor storage building, providing ample convenience for various business needs.
Inside, visitors are welcomed by an abundance of natural light highlighting the original hardwood floors and high ceilings while showcasing the building's well-preserved charm. The flexible layout offers a balanced mix of open areas ideal for product displays or collaborative workspaces, alongside multiple private offices, conference rooms, and additional storage across both levels.
This is a rare opportunity to secure a prominent office location on one of Memphis' most notable corridors. Don’t miss your chance—contact us today for more information or to schedule a private tour.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
5,900 SF
Building Class
C
Year Built
1921
Price
$644,000
Price Per SF
$109.15
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,950 SF
Slab To Slab
10’
Building FAR
0.52
Lot Size
0.26 AC
Zoning
CH
Parking
17 Spaces (2.88 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
1 of 3
Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 01-6052-0-0012 | Improvements Assessment | $94,080 |
| Land Assessment | $81,400 | Total Assessment | $175,480 |
