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400 Union Ave
Memphis, TN 38103
Office Property For Sale
Investment Highlights
- Highly Visible
- Major Street Access
- Easily Accessible
- Controlled Access Parking
Executive Summary
CBRE, Inc. is pleased to offer for sale 400 Union Avenue, a highly visible and accessible property on a major street in downtown Memphis, with improvements consisting of a 3 level (2 above grade, 1 below) commercial building with large, controlled access surface parking lot. The building was fully renovated in 2016-2017 for a new Class A recording studio and associated office space. The property is located within CBD zoning.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
16,525 SF
Building Class
B
Year Built
1951
Price
$7,230,472 CAD
Price Per SF
$437.55 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
8,263 SF
Slab To Slab
10’
Building FAR
0.39
Lot Size
0.97 AC
Opportunity Zone
Yes
Zoning
CBD - Commercial
Parking
60 Spaces (1.39 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,289,499 CAD | |
| Land Assessment | $322,498 CAD | Total Assessment | $1,611,997 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$322,498 CAD
Improvements Assessment
$1,289,499 CAD
Total Assessment
$1,611,997 CAD
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