EDGE District Work/Live - Seller Financing 339 Madison Ave 10,571 SF Vacant Retail Building Memphis, TN 38103 $1,566,846 CAD ($148.22 CAD/SF)
EXECUTIVE SUMMARY
Newly renovated and fully furnished this active Air BnB with a 5 year lease on the first floor makes for a great investment opportunity in a thriving Downtown Memphis market, or an excellent work-live location. Seller Financing Available.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,571 SF
Building Class
C
Year Built/Renovated
1923/2023
Price
$1,566,846 CAD
Price Per SF
$148.22 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
2 Exterior
Slab To Slab
10’
Building FAR
1.87
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
2 Spaces (0.19 Spaces per 1,000 SF Leased)
Frontage
26’ on Madison Ave
AMENITIES
- Bus Line
- Commuter Rail
- Signage
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00-5001-0-0008 | Improvements Assessment | $186,446 CAD |
| Land Assessment | $40,860 CAD | Total Assessment | $227,306 CAD |
