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22 N 2nd St
Memphis, TN 38103
Apothecary Bldg · Office Property For Sale
Executive Summary
Myers Commercial Real Estate is excited to present the sale of two historic buildings situated in the heart of Downtown Memphis totaling 87,570 SQFT +/- on 0.252 acres (includes both buildings). The property neighbors First Horizon Bank, a 25-story corporate headquarters. It is walking distance from AutoZone Park, The Peabody Hotel, Court Square Park, Beale Street entertainment district, and the newly renovated Tom Lee Park.
The subject Property is comprised of two separate office buildings. The buildings connect on the sixth-floor. Each building has its own individual floor plate design, mostly free of columns. This is an excellent opportunity for an owner user or investor to acquire and bring a new vision to life in downtown Memphis.
Investment highlights
Outstanding location in heart of downtown Memphis
Redevolopment Opportunity
Owner User
18 South Second Street , Memphis TN 38103
33,078 SQFT (includes basement)
Story # 6 + Mezzanine + Basement
Cargo Elevator 4,000 lb. capacity (25-persons)
22 South Second Street , Memphis TN 38103
54,492 SQFT
Story # 7
2 elevators
The subject Property is comprised of two separate office buildings. The buildings connect on the sixth-floor. Each building has its own individual floor plate design, mostly free of columns. This is an excellent opportunity for an owner user or investor to acquire and bring a new vision to life in downtown Memphis.
Investment highlights
Outstanding location in heart of downtown Memphis
Redevolopment Opportunity
Owner User
18 South Second Street , Memphis TN 38103
33,078 SQFT (includes basement)
Story # 6 + Mezzanine + Basement
Cargo Elevator 4,000 lb. capacity (25-persons)
22 South Second Street , Memphis TN 38103
54,492 SQFT
Story # 7
2 elevators
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
23,324 SF
Building Class
C
Year Built/Renovated
1920/1985
Price
$5,135,137 CAD
Price Per SF
$220.17 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,831 SF
Slab To Slab
12’
Building FAR
3.17
Lot Size
0.17 AC
Zoning
CBD
Amenities
- Banking
- Bus Line
- Restaurant
- Security System
- Signage
Property Taxes
| Parcel Number | 00-2025-0-0011C | Improvements Assessment | $616,255 CAD |
| Land Assessment | $163,312 CAD | Total Assessment | $779,567 CAD |
Property Taxes
Parcel Number
00-2025-0-0011C
Land Assessment
$163,312 CAD
Improvements Assessment
$616,255 CAD
Total Assessment
$779,567 CAD
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