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Flex Space with Warehouse
For Sale
$180,000

1063 E PARKWAY Ave S, Memphis, TN 38104

Commercial/Industrial, Memphis, TN

Property Size3,774 SF
Price / SF$47.69
Days on Market52

Property Features for 1063 E PARKWAY Ave S

General Information

Property type Commercial Sale
Property subtype Other
Subdivision MT ARLINGTON
Standard status Active

Taxes and HOA fees

Tax Annual Amount 1742

Amenities

Full kitchen/break room
Bathroom

Building Details

Year built 1927
Listing Agency: Coldwell Banker Collins-Maury · Coldwell Banker Real Estate
Listed By: Jennie Holliday
Added: Aug 6 Changed: Aug 19 Last Checked: Sep 26 at 6:06AM
MLS# 10227921

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property combines approximately 3,774 square feet of office, warehouse, and storage space. The 1,824-square-foot office component includes four to five potential offices, a full kitchen or break room, and a bathroom. An adjoining 1,950-square-foot insulated metal warehouse provides one dock loading door and additional space for equipment, inventory, or storage.

The property includes a fenced parking lot and sits adjacent to the Cooper-Young redevelopment area in Memphis. Built in 1927, the building is being sold as-is and needs some work. The configuration may suit an owner-user or an investor considering rental income potential.

Key Highlights

  • Approximately 3,774 total square feet of office, warehouse, and storage space
  • 1,824‑square‑foot office section with four to five potential offices
  • 1,950‑square‑foot insulated metal warehouse

Property Analytics

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Current Use

Flex space

Lease Details

1
Dock-high doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
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Similar Off Market Nearby

  • Last Vegan On Earth — Memphis, TN 38104
  • Another Roadside Attraction — 966 Cooper St #5611, Memphis, TN 38104
  • Carson Rodizio — 1895 Evelyn Ave, Memphis, TN 38114
  • Farm and Fig — 800 Cooper St, Memphis, TN 38104
  • Party Memphis — 2160 Central Ave, Memphis, TN 38104

Frequently Asked Questions

What type of property is this?
Flex space - Includes office amenities, insulated warehouse space, loading access, and a fenced parking lot.
Where is this flex space located?
The property is located at 1063 E PARKWAY Ave S Memphis, TN.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Approximately 3,774 total square feet of office, warehouse, and storage space; 1,824‑square‑foot office section with four to five potential offices; 1,950‑square‑foot insulated metal warehouse
More about this property
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