533 Beale St
Memphis, TN 38103

This historic 11,000 square foot home overlooking downtown Memphis was built in 1828 and is on the National Historic Register. The 6.24 acre site includes the main home complete with five suites, a fully-equipped restaurant and bar capable of serving up to 350 people, a 2,500 sf newly built air condition garage/storage building, 180 foot tented patio and much more. The surrounding land could be developed into residential or hospitality for a totally enclosed vacation and living development. Currently the home and patio is being used as a Event Venue for Weddings and Corporate Events. There is a development potential for the excess land and many options for uses for the property. This sale price also includes 6 condos in the Residences at Hunt Phelan Estate condos that are built on an outparcel of this property. *A BRIEF HISTORY OF THE HOME* The Hunt Phelan Estate has a rich history, The mansion was originally built between the years 1824 and 1828 from the plans of famed architect Robert Mills, whose other works include the U.S. Treasury building, the Washington Monument and parts of the White House. Distinguished visitors include U.S. Presidents Andrew Jackson, Ulysses S. Grant and Andrew Johnson. Local lore has it that some of the original garden was planted by Varina Davis while her husband Jefferson was attending the affairs of government in the mansion library. The mansion served as Grant's headquarters and as a hospitality lodge and hospital for the troops during the planning and the siege at Vicksburg. It also served as the first Freedman's Bureau to educate the newly freed slaves.