263 Vance Ave Memphis, TN 38126

This exceptional 0.2-acre mixed-use lot at 263 Vance Avenue in Memphis, Tennessee (zip code 38126) presents a remarkable investment opportunity in the burgeoning South City/South Forum area of Downtown Memphis' Central Business Improvement District (CBID). The property boasts high visibility along the Vance Avenue corridor, a key east-west artery within the CBID. Its strategic location places it within easy walking distance of major attractions, including the FedEx Forum, home to the Memphis Grizzlies and University of Memphis Tigers, as well as Beale Street's vibrant entertainment scene. Nearby, the recently opened Central Station Hotel, Arrive Hotel, Westin Beale Street, and Hyatt Centric Beale Street offer ample hotel accommodations. This area is experiencing significant revitalization, evidenced by recent multi-million dollar investments in surrounding properties, including FedEx Logistics' new corporate headquarters and the new 40,000 square foot Wiseacre Brewery and Taproom. The property's proximity to these developments, coupled with the availability of additional nearby parcels for potential assemblage, makes it an ideal site for a variety of uses. Furthermore, its location within a Qualified Opportunity Zone and New Markets Tax Credit Census Tract offers significant tax advantages. Don't miss this chance to capitalize on the explosive growth in this dynamic section of Downtown Memphis.