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Luter-Bentley Building 1962 Madison Ave 2,952 SF Retail Building Memphis, TN 38104 $561,984 CAD ($190.37 CAD/SF)



Investment Highlights
- Lots of Natural Light
- Heavy daytime foot traffic
Executive Summary
potential RETAIL Free Standing with rear Fenced, Secure, Exclusive Parking Lot
1962 Madison Avenue "Midtown", Memphis, Shelby County, Tennessee, USA 38104
1 story Brick/Block/Metal Fire Resistent of 2,952 sq. ft. that was built in 1960
Lot: .224 acre (44' X 173') Lot #6 of the McLean Subdivision
Zoning: CMU-3 (Commercial Multi-Use)
Foyer, 7 Offices, Kitchen, 2 Restrooms, Utility Room and large Conference Room
This free standing, clean Midtown Building would make an excellent location for any business!
tuckerbeck.com
tbeck@crye-leike.com
9013781300
1962 Madison Avenue "Midtown", Memphis, Shelby County, Tennessee, USA 38104
1 story Brick/Block/Metal Fire Resistent of 2,952 sq. ft. that was built in 1960
Lot: .224 acre (44' X 173') Lot #6 of the McLean Subdivision
Zoning: CMU-3 (Commercial Multi-Use)
Foyer, 7 Offices, Kitchen, 2 Restrooms, Utility Room and large Conference Room
This free standing, clean Midtown Building would make an excellent location for any business!
tuckerbeck.com
tbeck@crye-leike.com
9013781300
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,952 SF
Building Class
C
Year Built/Renovated
1960/1982
Price
$561,984 CAD
Price Per SF
$190.37 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.22 AC
Zoning
CMU-3 - Commercial Multi Use 3
Parking
10 Spaces (3.39 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-7056-0-0009 | Improvements Assessment | $2,555 CAD |
| Land Assessment | $112,887 CAD | Total Assessment | $115,442 CAD |
Property Taxes
Parcel Number
01-7056-0-0009
Land Assessment
$112,887 CAD
Improvements Assessment
$2,555 CAD
Total Assessment
$115,442 CAD
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Luter-Bentley Building | 1962 Madison Ave
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