Property summary
The Claridge House was originally built in the 1920’s as a luxury hotel. The building was most recently renovated in 2004 to offer the upscale residential and office condos that you see today. The opulent lobby sets the tone for a luxury experience and the 900 square foot rooftop deck provides for the perfect place to unwind and enjoy the city skyline. Building amenities include community WiFi, a gym, laundry room, roof deck, indoor pool, spa, and a club room. Fantastic office suite in a landmark building on the Main Street trolley line. Space has new paint new carpet large open workspaces and training rooms breakroom and interior restrooms. Built out for a federal government tenant in 2019. This space looks wonderful. Great view overlooking Civic Center Plaza and just a stone's throw from City Shelby County Building Federal Building Downtown Memphis Commission and directly across Main St from the soon to be redeveloped 100 N. Main Building. Tech upgrades and wiring as well as keycard access.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Limousine Service
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Restaurant
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Real Estate Agency
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Condominium Complex
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Memphis market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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