610 Poplar Ave Memphis, TN 38105

This exceptional commercial property, located at 610 Poplar Avenue in Memphis, Tennessee, presents a unique investment opportunity. Situated on a 0-acre lot, this substantial building encompasses a significant footprint and is ideally positioned within two overlay districts: Uptown and Medical. The property currently stands vacant and requires renovation, offering a blank canvas for a variety of potential uses. The existing structure boasts 17 temperature-controlled bedrooms, perfect for a transitional housing facility or similar purpose. Additional features include a manager's apartment, providing on-site management capabilities. A large kitchen and dining area are complemented by two spacious community rooms and two large offices, catering to diverse needs. Further amenities include a convenient food pantry and laundry room for residents. The building is equipped with a fully functional sprinkler system, enhancing safety and security. The asking price of $250,000 reflects the property's current condition and the need for renovations. The sale includes the adjacent properties at 0 Poplar Avenue and 614 Poplar Avenue, expanding the overall potential of this significant investment. Given its prime location and substantial size, this property offers considerable upside for the right buyer. The seller is firm on the listed price.