1299 Mclemore AveMemphis, TN 38106

Property Details for 1299 Mclemore Ave

Year built

1956

Lot size

2.83 AC

Property size (Sq ft)

30,000 SF

Property type

Specialty properties

Property subtype

Schools

Description

This exceptional 30,000-square-foot property, situated on a spacious 2.83-acre campus in Midtown Memphis, presents a unique investment opportunity. The property comprises three buildings, offering ample space for a variety of uses. Originally a charter school, the buildings boast numerous classrooms and group rooms, a kitchen, a walk-in freezer and cooler, and a substantial play area. Significant renovations were completed in 2008, 2010, and 2015, ensuring the property is in excellent condition. The roof, a TPO system, was replaced just four years ago. The property is equipped with a three-phase power system, an electronic gate, and a fire alarm system, enhancing security and functionality. Zoned EMP, this versatile property is vacant and ready for immediate occupancy. The asking price is $2,300,000, translating to $76.67 per square foot. Built in 1956, this well-maintained campus offers significant potential for various commercial ventures. Located at 1299 E McLemore Ave, Memphis, TN 38106, this property is conveniently situated in a vibrant Midtown location.

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.1144

Longitude

-90.0192

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