481-487 S Main St 22,967 SF 100% Leased Industrial Building Memphis, TN 38103 $3,740,769 CAD ($162.88 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy 24/7 Foot Traffic
- South Main Section
- on Trolley Line
EXECUTIVE SUMMARY
3-2 story buildings (497-487 South Main Street) Sold only ALL AS ONE, (total 22,967 sq. ft.) in Existing Shell, AS IS, WHERE IS Condition and ALL CASH at Closing
total: .287 acre (75' X 166') Zoned SMS
2 Tax Parcels, 3-2 story Brick Buildings, 2 Grade Level Doors, there are a total of 5 separate Leased Apartments:
North Building: 479/481 has 2 Apartments on second floor walk-up, (front & rear access) and one (1) Apartment that is the East front of the first floor with No Basement,
Middle Building: 485 is in raw Shell condition that is wide open 1st & second floors walk-ups plus raw Basement; all is currenlty used as storage,
South Building: 487 100% Steel/Concrete with Brick Facade with rear inopearble (West) Freight Elevator, entire 1st floor is storage with 2 Apartments on 2nd floor walk-up with No Basement,
collectively known as: 479, 481, 485 & 487 South Main for a total 22,963 sf Building Sold ONLY AS ONE!
tuckerbeck.com
tbeck@crye-leike.com 901 378 1300
total: .287 acre (75' X 166') Zoned SMS
2 Tax Parcels, 3-2 story Brick Buildings, 2 Grade Level Doors, there are a total of 5 separate Leased Apartments:
North Building: 479/481 has 2 Apartments on second floor walk-up, (front & rear access) and one (1) Apartment that is the East front of the first floor with No Basement,
Middle Building: 485 is in raw Shell condition that is wide open 1st & second floors walk-ups plus raw Basement; all is currenlty used as storage,
South Building: 487 100% Steel/Concrete with Brick Facade with rear inopearble (West) Freight Elevator, entire 1st floor is storage with 2 Apartments on 2nd floor walk-up with No Basement,
collectively known as: 479, 481, 485 & 487 South Main for a total 22,963 sf Building Sold ONLY AS ONE!
tuckerbeck.com
tbeck@crye-leike.com 901 378 1300
PROPERTY FACTS
AMENITIES
- Bus Line
- Commuter Rail
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
ABOUT 481-487 S MAIN ST , MEMPHIS, TN 38103
Excellent Redevelopment Potential Multi-Level, Multi-Use Redevelopment Buy This Now!
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Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $146,287 CAD | |
| Land Assessment | $113,347 CAD | Total Assessment | $259,634 CAD |
