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Fully Renovated Flex Building
For Sale
Contact for pricing
Pending

650 New York St, Memphis, TN 38104

Flex building with gated parking and multiple loading docks, offering built-out studios and office/conference space.

Property Size21,162 SF
Lot Size1.44 Acres
Days on Market128

Property Features for 650 New York St

General Information

Standard status Pending
Size 21,162 SF
Total Parking Spaces 58
Lot size 1.44 Acres
Property subtype Industrial

Additional Details

Opportunity Zone Yes
Highway Access Yes

Amenities

gated access
key card system
built-out artist studios
modern conference room
Listing Agency: Newmark - Memphis
Listed By: Gray Fiser · License #MS S-52755
Source: Crexi
Added: Apr 24 Changed: Aug 14 Last Checked: Aug 28 at 10:55AM

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 Newmark - Memphis

Investment Insights

Based on property information with market context.

650 New York Street is a fully renovated flex building combining industrial functionality with modern office and creative studio improvements. The interior features built-out artist studios, a modern conference room, and retail-style finishes, supporting a flexible mix of industrial, office, and showroom-type uses.

The property includes 58 parking spaces with gated access and multiple loading docks, along with a key card system. The building is located in a designated Opportunity Zone, with access to downtown Memphis, I-240, and the medical district, according to the seller’s remarks.

This offering is presented for sale via auction. The closing date noted in the remarks is December 30, 2025.

Key Highlights

  • Fully renovated flex building totaling 21,162 SF on a 1.44‑acre parcel
  • 58 parking spaces with gated access, plus a key card system
  • Multiple loading docks for flexible industrial, office, or showroom use

Property Analytics

Current Use

Wilbon Mallory J Physician Mrs. Pauline Adhoch Physician Letoshia Foster, NP Physician Alison T. Nguyen, ... Physician Karen Pease Physician

Suggested Use

Top Pick Dental Office Bakery Grocery & Convenience Store Kitchen & Bath Showroom Pet Grooming Service Building Supply

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

973
Businesses Nearby
Well-served
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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex building with gated parking and multiple loading docks, offering built-out studios and office/conference space.
Where is this flex space located?
The property is located at 650 New York St Memphis, TN.
What are key features of this property?
This property features: Fully renovated flex building totaling 21,162 SF on a 1.44‑acre parcel; 58 parking spaces with gated access, plus a key card system; Multiple loading docks for flexible industrial, office, or showroom use
(901) 260-1154 Call to check price and availability
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