103 Court AveMemphis, TN 38103

This exceptional mixed-use property at 103 S Ct Ave, Memphis, TN 38103, presents a compelling redevelopment opportunity in the heart of Downtown Memphis' Court Square. Currently boasting 25% occupancy, the property offers significant upside potential. The ground floor is already successfully leased to a restaurant, generating a gross monthly income of $4200. This established tenant provides immediate cash flow. The upper two floors, each approximately 2,500 square feet, are ideal for conversion into apartments or office space, catering to the growing demand in the area. Detailed plans are available for review. The property's total square footage is 7,500 square feet, excluding a full basement which offers additional potential for expansion or storage. Located in Shelby County, this prime location offers easy access to amenities and transportation. The asking price is $700,000, representing a strong investment opportunity for those seeking to capitalize on the revitalization of Downtown Memphis. This is a chance to acquire a partially redeveloped property with immediate income and substantial future growth potential.