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Investment Highlights

  • Excellent location near Cooper Young
  • Mixed use: Industrial, retail, office and warehousing
  • Significant land value for those that want to redevelop site
  • Property comes with an additional lot across the street for excellent hard to find parking
  • Warehouse plus office space can be adapted to many uses

Executive Summary

This 16,674 square-foot first floor flex space is available for sale at $1,750,000 or for lease at $9,500 per month modified gross. There is an additional 2,626 square-foot of office space on the second floor that is not included in the original 16,674 square-feet. This property was recently a discount retail store and can be adapted to many uses due to its open layout. Call Eric for sale and lease details.

Property Facts

Price $2,398,217 CAD
Price Per SF $124.26 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Flex Showroom
  • Showroom
  • Industrial Warehouse
Building Class B
Lot Size 0.69 AC
Rentable Building Area 19,300 SF
No. Stories 1
Year Built 1977
Parking Ratio 0.52/1,000 SF
No. Dock-High Doors/Loading 1
Zoning CMU-1 - Commercial Mixed Use Zoning

Amenities

  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 19,300 SF
  • Industrial
  • Partial Build-Out
  • Now

This 16,674 square-foot first floor flex space is available for lease at $9,500 per month or for sale at $1,750,000. There is an additional 2,626 square-foot of office space on the second floor that is not included in the original 16,674 square-feet.

Space Size Space Use Build-Out Available
1st Floor 19,300 SF Industrial Partial Build-Out Now

1st Floor

Size
19,300 SF
Space Use
Industrial
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 19,300 SF
Space Use Industrial
Build-Out Partial Build-Out
Available Now

This 16,674 square-foot first floor flex space is available for lease at $9,500 per month or for sale at $1,750,000. There is an additional 2,626 square-foot of office space on the second floor that is not included in the original 16,674 square-feet.

Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03-1127-0-0010
  • 03-1128-0-0013C
Land Assessment
$153,928 CAD
Improvements Assessment
$343,817 CAD
Total Assessment
$497,744 CAD
  • Listing ID: 32569061

  • Date on Market: 2024-07-24

  • Last Updated:

  • Address: 871 S Cooper St, Memphis, TN 38104

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