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Former Church with Redevelopment Potential 1110 Faxon Ave 18 850 pi² Bâtiment spécialisé Vente à l’encan en ligne Memphis, TN 38105



Faits saillants de l'investissement
- Buyers will want to capitalize on this former religious facility perched in the Speedway Terrace Historic District of Memphis, Tennessee.
- Formerly God's Holy Word Temple, this property can be easily converted to suit a variety of uses based on the new owner’s vision.
- Area demographics within 1 mile bode well for future development, with a population on the rise and consumer spending exceeding $128 million.
- Close to Interstate 40 and N Watkins Street, which are major connectors for the area, facilitating easy and efficient commutes to the property.
- Positioned in a dense residential area near local establishments such as Smoky City BBQ, Memphis Toast, Crosstown Brewing Co., and more.
Résumé de l'annonce
1110 Faxon Avenue is a premier opportunity for investors and developers seeking their next acquisition.
This impressive 18,850-square-foot former church, built in 1912, stands as a landmark in the Speedway Terrace Historic District. Spanning three spacious stories, the building offers versatile and efficient floor plans. 1110 Faxon Avenue's striking exterior combines classic brickwork and expansive windows, providing both curb appeal and natural light. Multiple entrances allow for seamless access, enhancing convenience for future tenants or visitors. Inside, the main sanctuary dazzles with beautiful stained glass. Numerous educational rooms and a large parish hall offer endless possibilities for adaptive reuse, whether as community spaces, offices, or modern residential units. The property is zoned RU-3 (Residential Urban - 3), a district designed for high-density residential development, supporting multifamily dwellings and fostering vibrant, central urban growth. With its historic charm, flexible layout, and progressive zoning, this property is primed for investors and developers ready to reimagine its next chapter. Whether for luxury apartments, coworking spaces, or innovative mixed-use projects, 1110 Faxon Avenue is a blank canvas.
Located in North Memphis, the Speedway Terrace Historic District is an area characterized by abundant greenery and a peaceful residential atmosphere. Proximity to Interstates 40 and 69 ensures convenient access to major thoroughfares. Notable nearby destinations include Col. Luke Weathers VA Medical Center and St. Jude Children's Research Hospital. The property also offers easy access to a variety of retailers and services, including national brands such as Kroger, Walgreens, and Chick-fil-A, as well as local establishments like Cozy Corner Restaurant and Twins Food Mart.
Memphis is considered a top market for investment, serving as a major economic hub in the southeastern United States. Its economy is strong in logistics, manufacturing, corporate services, and food production. The city hosts large companies such as FedEx, AutoZone, and International Paper. The Port of Memphis, situated on the Mississippi River, enhances the area's multimodal transportation by supporting barge traffic and bulk cargo, which works alongside the city's rail and highway systems.
Property tours are available by appointment only. Please contact the listing broker to schedule.
This impressive 18,850-square-foot former church, built in 1912, stands as a landmark in the Speedway Terrace Historic District. Spanning three spacious stories, the building offers versatile and efficient floor plans. 1110 Faxon Avenue's striking exterior combines classic brickwork and expansive windows, providing both curb appeal and natural light. Multiple entrances allow for seamless access, enhancing convenience for future tenants or visitors. Inside, the main sanctuary dazzles with beautiful stained glass. Numerous educational rooms and a large parish hall offer endless possibilities for adaptive reuse, whether as community spaces, offices, or modern residential units. The property is zoned RU-3 (Residential Urban - 3), a district designed for high-density residential development, supporting multifamily dwellings and fostering vibrant, central urban growth. With its historic charm, flexible layout, and progressive zoning, this property is primed for investors and developers ready to reimagine its next chapter. Whether for luxury apartments, coworking spaces, or innovative mixed-use projects, 1110 Faxon Avenue is a blank canvas.
Located in North Memphis, the Speedway Terrace Historic District is an area characterized by abundant greenery and a peaceful residential atmosphere. Proximity to Interstates 40 and 69 ensures convenient access to major thoroughfares. Notable nearby destinations include Col. Luke Weathers VA Medical Center and St. Jude Children's Research Hospital. The property also offers easy access to a variety of retailers and services, including national brands such as Kroger, Walgreens, and Chick-fil-A, as well as local establishments like Cozy Corner Restaurant and Twins Food Mart.
Memphis is considered a top market for investment, serving as a major economic hub in the southeastern United States. Its economy is strong in logistics, manufacturing, corporate services, and food production. The city hosts large companies such as FedEx, AutoZone, and International Paper. The Port of Memphis, situated on the Mississippi River, enhances the area's multimodal transportation by supporting barge traffic and bulk cargo, which works alongside the city's rail and highway systems.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Salle de données Cliquez ici pour accéder à
- Purchase Agreement
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 0,41 AC |
| Condition de vente | Vente à l’encan | Taille du bâtiment | 18 850 pi² |
| Types de propriétaire | Pleine propriété | Nombre d’étages | 3 |
| Type de propriété | Spécialité | Année de construction | 1912 |
| Sous-type de propriété | Eglise | Zone de développement économique |
Oui
|
| Classe d’immeuble | C | Numéro de lot | 02-1020-0-0024 |
| Zonage | RU-3 | ||
| Type de vente | Investissement |
| Condition de vente | Vente à l’encan |
| Types de propriétaire | Pleine propriété |
| Type de propriété | Spécialité |
| Sous-type de propriété | Eglise |
| Classe d’immeuble | C |
| Taille du lot | 0,41 AC |
| Taille du bâtiment | 18 850 pi² |
| Nombre d’étages | 3 |
| Année de construction | 1912 |
| Zone de développement économique |
Oui |
| Zonage | RU-3 |
| Numéro de lot | 02-1020-0-0024 |
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Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
90/100
Transports en commun limités
30/100
Plutôt praticable en vélo
40/100
Conseiller(ère) en vente
Conseiller(ère) en vente
Betty Brown, Broker
Betty Brown is a commercial broker based in Jackson, Tennessee.
À propos de la technologie des enchères
Les enchères de Ten-X représentent la technologie de transaction numéro 1 pour les transactions immobilières commerciales en ligne. Avec plus de 34 milliards de dollars en transactions totales, ces enchères utilisent une technologie de pointe et des données en temps réel sur les actifs afin de maximiser les chances de trouver l’acheteur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acheteurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les courtiers, les propriétaires et les investisseurs.
En lire plus
Contact pour la vente à l’encan
Marlo Lashley
Contact
Permis de l’encanteur:
Ten-X Arlene Richardson RE Brkr 265318. (888) 952-6393
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Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Frais de transaction 3%
Basés sur le montant de l’enchère gagnante
Frais de transaction minimaux
20 000 $ USD
Frais de transaction maximaux
300 000 $ USD
Exemple de calcul
Montant de la mise gagnante
5 000 000 $ USD
Frais de transaction
150 000 $ USD (3%)
Prix d’achat total
5 150 000 $ USD
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Présenté par
Vantage Real Estate Services
Former Church with Redevelopment Potential | 1110 Faxon Ave
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Former Church with Redevelopment Potential | 1110 Faxon Ave
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