South Court Square Building
119 S Court Ave., Memphis TN 38103
The Offering
Property Facts
- Sale Type Investment
- Property Type Retail
- Property Subtype Storefront Retail/Office
- Building Size 15,400 SF
- Building Class B
- Year Built 1917
- Price $1,500,000
- Price Per SF $97
- Building Height 5 Stories
- Slab To Slab 11’
- Building FAR 5.05
- Land Acres 0.07 AC
- Zoning CBD
- Frontage 50 FT on Court Ave
Historic five story brick and limestone building with tons of character in downtown Memphis, with the very inclusive Central Business District (CBID) zoning, This building overlooks Court Square Park. Current property mix: Office, retail, and shell condition. Potential for 3rd & 4th floor to be renovated for commercial or residential use. The first and second floors were both completely renovated in 2005 and have been used as a bank branch and offices. The first floor has two tailored openings, one for drive-through opening and one drop box window. Both the third and fourth floors are in shell condition to be renovated.
New boiler, roof and insulation installed in 2004. New hot water pump was installed within the last five years.
Zoom
Woodyard Realty Corp.
5865 Ridgeway Center Pkwy Ste 300, Memphis, TN 38120
Phone 901-767-1998
TN Company License #256220
MS Company License #C-21186
5865 Ridgeway Center Pkwy Ste 300, Memphis, TN 38120
Phone 901-767-1998
TN Company License #256220
MS Company License #C-21186