Rare Downtown Memphis flex/industrial 259 Webster Ave 29,500 SF Industrial Building Memphis, TN 38126 $1,044,045 CAD ($35.39 CAD/SF)

Downtown Memphis Industrial Building & 1+acre Lot | Owner Financing Available
Myers Commercial Real Estate is pleased to offer the opportunity to acquire 259 EAST WEBSTER AVENUE, MEMPHIS, TN 38126 a Rare Downtown Memphis flex/industrial opportunity featuring ±1.95 acres of land—a highly scarce offering Memphis’ urban core. The property includes an existing ±29,500 SF building with at six (6) grade-level roll up garage doors, ideal for redevelopment or repositioning for warehouse, distribution, service, or creative industrial use. Strategically located within the South Downtown and Central Business Improvement Districts, the site benefits from enhanced zoning flexibility and potential City of Memphis incentives, allowing for a wide range of commercial uses. With immediate access to Downtown, major interstates, and surrounding redevelopment corridors, this property offers unmatched scale, accessibility, and upside in one of Memphis’ fastest-growing submarkets.
As downtown Memphis continues its renaissance, this property offers a rare chance to capitalize on the city’s booming real estate landscape. Don’t miss out on securing your place in one of Memphis’ most promising growth corridors!
Owner financing available. Note: This site was a former auto garage / car storage site. Phase 1 and Environmental reports have not been completed to confirm any environmental concerns.
Investment highlights
Six 10 ft.+ Roll Up Doors & Cleared 1.5+ acre lot
Site qualifies for multiple developer incentives for redevelopment
Located in Downtown Industrial area and 1,000+ newly developed South City multi-family units
Less than 1 miles East of I-55/I-69 corridor and South of I-240 Loop