619 Madison Ave
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619 Madison Ave
3,503 SF 100% Leased Retail Building Memphis, TN 38103 $499,000 ($142/SF)
Executive Summary
A unique commercial property location: South Bluffs/Downtown. Great opportunity for a small business owner. Previously used as an auto service garage. Once was the original Jack Morris Auto Glass Co. Has a cement block building in need of renovation.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,503 SF
Building Class
C
Year Built
1948
Price
$499,000
Price Per SF
$142
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Land Acres
0.31 AC
Opportunity Zone
Yes
Zoning
CBD
Parking
15 Spaces (4.28 Spaces per 1,000 SF Leased)
Frontage
118 FT on Madison Ave
Amenities
- Bus Line
- Restaurant
- Signage
Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (77)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 00-7033-0-0002 | Improvements Assessment | $9,080 |
Land Assessment | $49,840 | Total Assessment | $58,920 |
PROPERTY TAXES
Parcel Number
00-7033-0-0002
Land Assessment
$49,840
Improvements Assessment
$9,080
Total Assessment
$58,920
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619 Madison Ave
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