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Freestanding Office Building
For Sale
$315,000

251 Adams Ave, Memphis, TN 38103

Freestanding downtown Memphis office building offered for sale, with leasing also available.

Property Size2,100 SF
Days on Market49

Property Features for 251 Adams Ave

General Information

Standard status Active
Size 2,100 SF
Class A
Property subtype Office - General Office

Building Details

Building Size 2,100 SF
Year Built 1970
Listing Agency: NAI Saig Company
Listed By: Paul Banks · License #344897
Source: Commercialcafe
Added: Jul 13 Changed: Aug 26 Last Checked: Aug 29 at 6:35AM

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 NAI Saig Company

Investment Insights

Based on property information with market context.

This freestanding office building is available for sale and also offered for lease. The property is marketed as downtown Memphis market office space.

The address is 251 Adams Ave, Memphis, Tennessee 38103.

Additional building details, such as size, floor layout, condition, or amenities, were not provided.

Key Highlights

  • Freestanding office building in downtown Memphis
  • Offered for sale with leasing also available
  • Year built: 1970

Property Analytics

Current Use

Cooper Drewry Whitsitt ... Law Firm Cooper Philip J Law Firm

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic Hair Salon Pet Grooming Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,917
Businesses Nearby

Demographics for 38103, TN

14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding downtown Memphis office building offered for sale, with leasing also available.
Where is this office building located?
The property is located at 251 Adams Ave Memphis, TN.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Freestanding office building in downtown Memphis; Offered for sale with leasing also available; Year built: 1970
More about this property
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