871 Cooper StMemphis, TN 38104

Property Details for 871 Cooper St

Year built

1977

Lot size

0.69 AC

Property size (Sq ft)

21,700 SF

Zone code

CMU-1

Property type

Industrial properties

Property subtype

Other warehouses

APN

031-128- - -00013-C

APU

03112800013C

Description

This exceptional 19,300-square-foot coworking space, located at 871 S. Cooper Street in Memphis, Tennessee, presents a unique investment opportunity. The property, built in 1977, boasts a prime Midtown location within the vibrant Cooper Young submarket, placing it in close proximity to numerous restaurants and businesses, including Soul Fish Café, Celtic Crossing, Tsunami, and Alchemy. Memphis Made Brewing Company is also conveniently located nearby. The single-tenant building features 14,019 square feet of well-lit warehouse space and 2,655 square feet of recently renovated office space, including updated bathrooms. An additional 2,000+ square feet of upstairs office space is also available, bringing the total usable space to 19,300 square feet. Ample parking is provided on-site, supplemented by an adjacent lot accommodating an additional 15-20 vehicles. The property is zoned CMU-1 and includes one loading dock. This versatile space is ideal for a variety of coworking configurations, benefiting from its excellent location and accessibility, making it a highly desirable asset in the thriving Memphis market. The building is situated between Central Avenue and Cooper/Young, offering easy access to Downtown Memphis, East Memphis, and other key areas. This is a rare chance to acquire a substantial, well-maintained property in a highly sought-after location.

• Alternative Use

  Use

  Valuation

  Residential

  $3,578,784

  Hospitality

  $3,278,147

  Educational

  $2,727,380

  Medical

  $2,821,179

  Retail

  $4,242,591

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.1222

Longitude

-89.9913

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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