433 Madison Ave
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433 Madison Ave
4,210 SF 100% Leased Retail Building Memphis, TN 38103 For Sale
Investment Highlights
- Extensive renovation work completed, providing for a cold dark shell delivery for a new owner's interior design/build-out specifications
- Located in one of Memphis' Opportunity Zone census tracts
- Next to the Madison Ave. trolley stop for ease of access to Downtown and/or the Memphis Medical District
- Technical support/Incentives available through Memphis Medical District Collaborative: https://www.mdcollaborative.org/
- Newly constructed 450 space parking garage less than 1 block away
- Investment/Development occurring north-south-eastwest of this gem
Executive Summary
Introducing 433 Madison Ave., an unparalleled commercial property located in the vibrant EDGE district of downtown Memphis. This unique property boasts a prime location with excellent visibility and easy access to major highways, making it an ideal investment opportunity for businesses looking to establish themselves in the heart of the city.
Located in one of Memphis' Opportunity Zone census tracts.
With over 4,000 square feet of versatile space, this property offers endless possibilities for customization to suit your specific business needs. The building features large windows that provide abundant natural light, creating a welcoming and inviting atmosphere for customers and employees alike. The open floor plan allows for easy flow and flexibility in designing your ideal workspace.
The EDGE district is a thriving hub of activity, attracting a diverse mix of businesses and visitors to the area. This property is in close proximity to a variety of restaurants, shops, and entertainment venues, offering endless opportunities for networking and collaboration.
The building is easily accessible by car, with several parking garages and surface lots nearby, as well as by public transportation, with bus stops and trolley stations within walking distance. The immediate area is characterized by a mix of office buildings, hotels, restaurants, and retail shops, making it a vibrant and bustling part of the city.
Whether you're a startup looking to establish a presence in the city or an established business seeking a prime location for expansion, 433 Madison Ave. is the perfect choice. Don't miss out on this incredible opportunity to own a piece of the vibrant downtown Memphis community. Contact us today to schedule a showing and experience the potential that this property has to offer.
Neighboring businesses and amenities within 1 block include:
The Ravine- https://www.memphisüyer.com/we-saw-you-loving-local-and-the-ravine
Memphis Made Brewery- https://www.actionnews5.com/2019/10/02/memphis-made-open-nd-brewery-edge-district/
Tomorrow Building- https://www.bizjournals.com/memphis/news/2023/06/07/cycle-shop-developers-tomorrow-buildingedge.html
University Lofts: https://dailymemphian.com/article/29946/downtown-memphis-edge-district-apartment-complex
The RISE Apartments: https://theriseapts.com/
The Bakery Garage: https://www.parkme.com/lot/1230557/the-bakery-garage-memphis-tn
Located in one of Memphis' Opportunity Zone census tracts.
With over 4,000 square feet of versatile space, this property offers endless possibilities for customization to suit your specific business needs. The building features large windows that provide abundant natural light, creating a welcoming and inviting atmosphere for customers and employees alike. The open floor plan allows for easy flow and flexibility in designing your ideal workspace.
The EDGE district is a thriving hub of activity, attracting a diverse mix of businesses and visitors to the area. This property is in close proximity to a variety of restaurants, shops, and entertainment venues, offering endless opportunities for networking and collaboration.
The building is easily accessible by car, with several parking garages and surface lots nearby, as well as by public transportation, with bus stops and trolley stations within walking distance. The immediate area is characterized by a mix of office buildings, hotels, restaurants, and retail shops, making it a vibrant and bustling part of the city.
Whether you're a startup looking to establish a presence in the city or an established business seeking a prime location for expansion, 433 Madison Ave. is the perfect choice. Don't miss out on this incredible opportunity to own a piece of the vibrant downtown Memphis community. Contact us today to schedule a showing and experience the potential that this property has to offer.
Neighboring businesses and amenities within 1 block include:
The Ravine- https://www.memphisüyer.com/we-saw-you-loving-local-and-the-ravine
Memphis Made Brewery- https://www.actionnews5.com/2019/10/02/memphis-made-open-nd-brewery-edge-district/
Tomorrow Building- https://www.bizjournals.com/memphis/news/2023/06/07/cycle-shop-developers-tomorrow-buildingedge.html
University Lofts: https://dailymemphian.com/article/29946/downtown-memphis-edge-district-apartment-complex
The RISE Apartments: https://theriseapts.com/
The Bakery Garage: https://www.parkme.com/lot/1230557/the-bakery-garage-memphis-tn
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,210 SF
Building Class
C
Year Built
1903
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.84
Land Acres
0.11 AC
Opportunity Zone
Yes
Zoning
CMU - Commercial Mixed-Use
Frontage
21 ft on Madison Ave
Amenities
- Bus Route
- Restaurant
- Tenant Controlled HVAC
Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (76)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 007-002- - -00002 | Improvements Assessment | £88,987 |
| Land Assessment | £13,367 | Total Assessment | £102,354 |
PROPERTY TAXES
Parcel Number
007-002- - -00002
Land Assessment
£13,367
Improvements Assessment
£88,987
Total Assessment
£102,354
-
Darrell Cobbins -
Brandon Ingram -
Universal Commercial Real Estate
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