2557 Broad Ave, Memphis, TN 38112
5,500 SF | Retail Building | Memphis, TN 38112 | $1,250,000 ($227/SF)
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $1,250,000
- Property Type
-
Retail
- Square Feet
- 5,500 SF
- Price / Square Foot
- $227
Listing Contacts
Eric Fuhrman
Verified Profile
- Property Info
Property Overview
Crye-Leike Commercial is pleased to present for sale a unique two-story commercial property, nestled in the vibrant heart of the Broad Avenue Arts District in Memphis. This district, a thriving hub within the historic Binghampton community, is home to over 70 distinctive local businesses. These include eclectic boutique shops, captivating art galleries, creative artist studios, a variety of services, and a lively selection of restaurants and bars. The property in focus boasts a promising transformation into a dual-unit residential space. However, its true potential lies in its versatility for the imaginative developer. It holds the promise of a mixed-use masterpiece, envisioning retail or commercial endeavors on the ground floor, complemented by office spaces or residential units above. A noteworthy feature is the expansive garage at the rear, equipped with convenient grade-level roll-up doors, adding to the practicality and appeal of the space. The location's allure has recently escalated from simply amazing to extraordinarily supercharged, thanks to the development and launch of the Link Apartments, which stand proudly across the street. This property offers an exceptional opportunity to be part of a dynamic and evolving community, making it an ideal investment for those with a creative vision and an eye for opportunity. Contact us today for your private tour.
Property Details
- Class
- C
- Year Built
- 1915
- Stories
- 2
- Property Subtype
- Storefront Retail/Office
- Lot Size (sq. ft)
- 3,049 SF
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].