657 Chelsea AveMemphis, TN 38107

This exceptional 13,000-square-foot mixed-use building is situated in Memphis' vibrant Uptown district, just steps from the Downtown revitalization area. Priced at $500,000 ($38.46/SF), this property offers immense potential. Currently zoned for mixed-use, it's adaptable to various commercial or multi-family residential uses. The existing structure, with ceilings up to 30 feet high, is well-suited for restoration as a daycare center, or repurposing as warehouse or retail space. Build-to-suit options are available for interested retailers. The half-acre gated lot provides ample parking or storage. Conveniently located east of Downtown Memphis on Chelsea Avenue, it offers easy access to I-40 and proximity to significant developments, including the St. Jude Children's Research Hospital renovation and numerous residential projects. This presents a unique investment opportunity in a rapidly growing area. The property's versatility and prime location make it an attractive prospect for a wide range of commercial ventures. The existing building's high ceilings and large lot size offer significant flexibility for future development or adaptive reuse. This is a rare chance to acquire a substantial property in a thriving Memphis neighborhood.