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Investment Highlights
- Rear Dedicated Parking Lot
- Recent Updates
- Walkable Area Amenities
Executive Summary
Crye-Leike Commercial is pleased to present 40 S. Idlewild Avenue, a distinctive freestanding office property in the heart of Midtown Memphis.
Offering approximately 3,381 square feet, this unique property combines the charm and architectural character of historic Midtown with the functionality of a professional office environment. Originally constructed in 1912 and subsequently renovated for office use, the building offers a refreshing alternative to the traditional office setting.
From its welcoming covered front porch and classic architectural details to its impressive dedicated rear parking lot, 40 S. Idlewild provides a professional setting with genuine personality. The property is well suited for an owner-user, professional services firm, creative office, boutique business, or investor seeking a recognizable address in one of Memphis' most established urban neighborhoods.
The location offers excellent connectivity to Downtown Memphis, the Medical District, Overton Square, Cooper-Young and the greater Midtown area, while benefiting from the walkability, mature neighborhoods and distinctive character that continue to make Midtown one of Memphis' most desirable places to work and do business.
For a business looking for more than a conventional office building, 40 S. Idlewild offers a rare combination of character, convenience, visibility and location.
Property Highlights
Approximately 3,381 SF freestanding office building
Approximately 0.22 acres
Historic Midtown property originally constructed in 1912
Renovated for professional office use
Attractive architectural character and covered front porch
Impressive dedicated rear parking lot
Established Midtown Memphis location
Excellent opportunity for an owner-user or investor
Convenient access to Downtown, Medical District, Overton Square and Cooper-Young
Located within a walkable, established urban neighborhood
Distinctive alternative to a traditional office environment
Presented by Crye-Leike Commercial — Trusted Advisors. Exceptional Results.
Offering approximately 3,381 square feet, this unique property combines the charm and architectural character of historic Midtown with the functionality of a professional office environment. Originally constructed in 1912 and subsequently renovated for office use, the building offers a refreshing alternative to the traditional office setting.
From its welcoming covered front porch and classic architectural details to its impressive dedicated rear parking lot, 40 S. Idlewild provides a professional setting with genuine personality. The property is well suited for an owner-user, professional services firm, creative office, boutique business, or investor seeking a recognizable address in one of Memphis' most established urban neighborhoods.
The location offers excellent connectivity to Downtown Memphis, the Medical District, Overton Square, Cooper-Young and the greater Midtown area, while benefiting from the walkability, mature neighborhoods and distinctive character that continue to make Midtown one of Memphis' most desirable places to work and do business.
For a business looking for more than a conventional office building, 40 S. Idlewild offers a rare combination of character, convenience, visibility and location.
Property Highlights
Approximately 3,381 SF freestanding office building
Approximately 0.22 acres
Historic Midtown property originally constructed in 1912
Renovated for professional office use
Attractive architectural character and covered front porch
Impressive dedicated rear parking lot
Established Midtown Memphis location
Excellent opportunity for an owner-user or investor
Convenient access to Downtown, Medical District, Overton Square and Cooper-Young
Located within a walkable, established urban neighborhood
Distinctive alternative to a traditional office environment
Presented by Crye-Leike Commercial — Trusted Advisors. Exceptional Results.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
3,381 SF
Building Class
C
Year Built
1912
Price
$552,056 CAD
Price Per SF
$163.28 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,381 SF
Slab To Slab
9’
Building FAR
0.35
Lot Size
0.22 AC
Zoning
RU-4
Parking
10 Spaces (2.96 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-7047-0-0020 | Improvements Assessment | $26,096 CAD |
| Land Assessment | $110,617 CAD | Total Assessment | $136,712 CAD |
Property Taxes
Parcel Number
01-7047-0-0020
Land Assessment
$110,617 CAD
Improvements Assessment
$26,096 CAD
Total Assessment
$136,712 CAD
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40 S Idlewild St
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