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592-594 N 2nd St 3,404 SF Retail Building Memphis, TN 38105 $1,254,932 CAD ($368.66 CAD/SF)
EXECUTIVE SUMMARY
Exceptional investment prospect. Triple Net 3yr contract starting August 1st, 2025. Presently operating as an academy school with tenant's lease covering the adjacent land parcel.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,404 SF
Building Class
C
Year Built
1938
Price
$1,254,932 CAD
Price Per SF
$368.66 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
MU - Mixed Use Zoning
Parking
4 Spaces (1.18 Spaces per 1,000 SF Leased)
Frontage
27’ on 2nd St
AMENITIES
- Security System
- Air Conditioning
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $63,777 CAD | |
| Land Assessment | $27,825 CAD | Total Assessment | $91,602 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$27,825 CAD
Improvements Assessment
$63,777 CAD
Total Assessment
$91,602 CAD
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592-594 N 2nd St
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