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433 Madison Ave Memphis, TN 38103

4,210 SF, Vacant, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 4,210 square foot mixed-use property, located at 433 Madison Avenue in Memphis, Tennessee, presents a unique redevelopment opportunity. Situated in the vibrant EDGE District, this Class C building, constructed in 1903, offers versatile space ideal for creative office, restaurant, or storefront uses. Currently vacant, the property is zoned CMU and boasts excellent visibility and accessibility, with proximity to major highways and public transportation, including the Madison Avenue trolley stop. The building features large windows providing ample natural light. The EDGE District's thriving atmosphere, with nearby restaurants, shops, and entertainment venues, creates a dynamic environment for any business. Significant investment and development are occurring in the surrounding area, further enhancing the property's potential. A newly constructed 450-space parking garage is located less than a block away. The property is eligible for technical support and incentives through the Memphis Medical District Collaborative. This is a prime opportunity to acquire a piece of Memphis's dynamic urban core, offering a blank canvas for a customized build-out to meet specific business needs. The property's location within an Opportunity Zone census tract provides additional investment advantages. The existing building offers a cold dark shell delivery, allowing for complete interior design and build-out to the new owner's specifications.

Highlights

  • Located in a Memphis Opportunity Zone.
  • Memphis Medical District Collaborative offers technical support and incentives.
  • Extensive renovations provide a cold dark shell delivery.
  • A new 450-space parking garage is nearby.
  • Conveniently located next to the Madison Avenue trolley stop.
  • Surrounded by significant investment and development activity.

Property Details for 433 Madison Ave

Property type
Retail properties, Restaurants
Square Feet
4,210 SF
Class
C
Year Built
1903
Buildings
1

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1421984
Longitude
-90.0423103

FAQs

What type of property is this?
Retail property - 4,210 SF, Vacant, Redevelopment Opportunity
Where is the retail property located?
The property is located at 433 Madison Ave Memphis, TN.
What are key features of this property?
This property features: Located in a Memphis Opportunity Zone.; Memphis Medical District Collaborative offers technical support and incentives.; Extensive renovations provide a cold dark shell delivery.
How can I contact the broker?
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433 Madison Ave
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