153 N CLEVELAND ST, Memphis, TN 38104

Listing office Braden, Braden & Braden LLC Show Phone

Listing date Nov 28, 2023

Source Exitrealty

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Overview

This offering presents a rare opportunity to acquire land suitable for potential redevelopment in Midtown, Crosstown, CBID, the Medical District, and an Opportunity Zone. The sale encompasses two parcels, totaling approximately 0.70 acres, situated on a corner lot. The parcels, located at 1326 Washington and 153 N Cleveland, are zoned CMU-3. The property is located less than 1/2 mile from Crosstown Concourse and Methodist Central, and is near UTHSC. A Phase I report is available.

Suggested Use

Building Supply Real Estate Agency Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Electrical Service HVAC Service Storage Facility Garden Center Furniture & Home Goods

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

Location Insight

• Map
• Local Demand

City

Memphis

County

Shelby

State

Tennessee

Longitude

-90.016069

Latitude

35.1429748

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FAQs

What type of property is this?

Commercial land - Two parcels of land totaling 0.70 acres in Midtown.

Where is this commercial land located?

The property is located at 153 N CLEVELAND ST Memphis, TN.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: Prime redevelopment opportunity in Midtown, Crosstown, CBID, Medical District, and Opportunity Zone.; Two parcels totaling .70 Acres +/- on a corner lot.; Zoned CMU‑3, allowing for a variety of commercial and residential uses.