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Court Square Redevelopment Opportunity 103 S Court Sq

7,500 SF Retail Building Memphis, TN 38103 £547,715 (£73/SF)

Executive Summary

Redevelopment Opportunity on Court Square in Downtown Memphis. This property has been partially redeveloped, the first floor has been done and is leased to a restaurant at $4200 per month gross. The 2 upstairs floors are perfect for apartments or office space. See attached plans. The 2nd and 3rd floors are approximately 2500 square feet each level and there is a full basement not included in the 7,500 square foot total space.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,500 SF
Building Class
C
Year Built/Renovated
1883/2022
Price
£547,715
Price Per SF
£73
Tenancy
Single
Number of Floors
3
Slab to Slab
10 ft
Building FAR
0.34
Land Acres
0.50 AC
Zoning
CBD - CBD is central business district and allows for mixed use
Frontage
36 ft on S Court Sq

Amenities

  • Bus Route
  • Commuter Rail
  • Restaurant
  • Signage
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Regions Bank
Starbucks
First Horizon Bank
Hooters
Shred415
Lennys Grill & Subs
Texas de Brazil
CrossFit
Simmons Bank
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-2015-0-0002
Land Assessment
£25,508
Improvements Assessment
£116,648
Total Assessment
£142,156
  • Listing ID: 31609152

  • Date on Market: 25/04/2024

  • Last Updated:

  • Address: 103 S Court Sq, Memphis, TN 38103

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