61 Georgia Ave Memphis, TN 38103

This exceptional mixed-use property at 61 W Georgia Ave in Memphis, Tennessee presents a compelling development opportunity. The 57,500 square foot building, constructed in 1900, sits on a sizable 0.59-acre lot and is currently vacant. Its permitted zoning, SCBID - Bluffview Residential, allows for a variety of uses, making it ideal for conversion into residential units, office space, or retail establishments. The property's substantial size and prime location in Shelby County, zip code 38103, offer significant potential for a high return on investment. The asking price is $1,187,000, translating to a price per square foot of $20.64. The property's unique character and flexible zoning regulations make it an attractive prospect for developers seeking a project with substantial upside. The property's APN is 002088 00002C. This is a single-building property with significant potential for redevelopment in a vibrant Memphis neighborhood. The opportunity to acquire a large, well-located property with flexible zoning is rare and should not be missed. This is a chance to create a landmark development in a growing area of Memphis.