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2557 Broad Ave 5,500 SF Retail Building Memphis, TN 38112 $763,104 CAD ($138.75 CAD/SF)
EXECUTIVE SUMMARY
Crye-Leike Commercial is proud to offer this rare two-story commercial property for sale, located in the vibrant and rapidly evolving Broad Avenue Arts District of Memphis. Nestled in the historic Binghampton neighborhood, this energetic district is home to more than 70 independent businesses—from eclectic boutiques and inspiring art galleries to creative studios, local services, and an array of buzzing restaurants and bars.
This property offers endless potential for transformation. Whether reimagined as dual residential units or developed into a standout mixed-use space, it’s a blank canvas for visionary investors. Picture vibrant retail or commercial use on the ground floor, with stylish loft-style offices or residential units above.
A key feature is the large rear garage with grade-level roll-up doors—ideal for storage, deliveries, or creative adaptive reuse.
And location? It doesn’t get better. Directly across the street, the newly launched Link Apartments have injected new energy into the area, bringing increased foot traffic, visibility, and long-term value.
This is more than just a property—it’s a chance to be part of a thriving, artist-driven community on the rise. Perfect for developers, investors, or entrepreneurs ready to make their mark.
Schedule your private tour today and explore the possibilities.
This property offers endless potential for transformation. Whether reimagined as dual residential units or developed into a standout mixed-use space, it’s a blank canvas for visionary investors. Picture vibrant retail or commercial use on the ground floor, with stylish loft-style offices or residential units above.
A key feature is the large rear garage with grade-level roll-up doors—ideal for storage, deliveries, or creative adaptive reuse.
And location? It doesn’t get better. Directly across the street, the newly launched Link Apartments have injected new energy into the area, bringing increased foot traffic, visibility, and long-term value.
This is more than just a property—it’s a chance to be part of a thriving, artist-driven community on the rise. Perfect for developers, investors, or entrepreneurs ready to make their mark.
Schedule your private tour today and explore the possibilities.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,500 SF
Building Class
C
Year Built
1915
Price
$763,104 CAD
Price Per SF
$138.75 CAD
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.78
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
CN
Parking
2 Spaces (0.36 Spaces per 1,000 SF Leased)
Frontage
37’ on Broad Ave
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-3021-0-0010 | Improvements Assessment | $162,166 CAD (2025) |
| Land Assessment | $11,107 CAD (2025) | Total Assessment | $173,273 CAD (2025) |
PROPERTY TAXES
Parcel Number
03-3021-0-0010
Land Assessment
$11,107 CAD (2025)
Improvements Assessment
$162,166 CAD (2025)
Total Assessment
$173,273 CAD (2025)
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2557 Broad Ave
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