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    Commercial Mixed-Use Property For Sale Title is generated by Realmo AI

    1051 Cooper St, Memphis, TN 38104

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    Mixed-use commercial property with 3,000 square feet available for sale.

    Type:Multifamily, Mixed Use
    Property size:
    3,000 SF
    Price / SF:
    $216/SF
    Added:
    Mar 5, 2026
    Days on Market:
    115
    Last Refresh:
    Mar 16 at 2:40 pm

    Property Features for 1051 Cooper St

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Property subtype
    Multifamily, Mixed Use

    Building Details

    Year Built
    1920

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    John Cornes, CCIM

    Listing office Braden, Braden & Braden CRE

    Listing date Mar 5, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Braden, Braden & Braden CRE

    HighLights

    • Commercial mixed use opportunity awaits.
    • Year built: 1920.

    Overview

    This commercial mixed-use property offers approximately 3,000 square feet of space and is available for sale.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $64.8k $21.60
    − Vacancy −$6.5k −$2.16
    EGI $58.3k $19.44
    − OpEx −$21.9k −$7.29
    NOI $36.5k $12.15
    3,000 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $520.7K
    $455.6K – $607.5K (±1% cap)
    NOI $36,450 @ 7.0% cap · market cap 5.61%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $886.6K
    $775.8K – $1.03M (±1% cap)
    NOI $62,064 @ 7.0% cap · market cap 9.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9914269
    Latitude
    35.1168694

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use commercial property with 3,000 square feet available for sale.
    Where is this mixed-use property located?
    The property is located at 1051 Cooper St Memphis, TN.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Commercial mixed use opportunity awaits.; Year built: 1920.
    (901) 881-2070 Call to check price and availability
    More about this property
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