199 Summitt St, Memphis, TN 38104

This unique mixed-use property is located in the heart of Midtown Memphis, also known as the Heart of the Arts. The multi-level property features an upper level with office space that was previously occupied by a law firm, including 4 private offices, a conference room, and a break-room/kitchen. Additionally, there is a fully renovated studio apartment ready for occupancy, as well as another studio apartment that is not yet renovated. Both units present opportunities for long-term or short-term rental, such as Airbnb or VRBO. The lower level offers office or creative space that is partially renovated but available for occupancy, currently used as a creative visual marketing studio. The property is situated one block from Union Avenue, directly behind the Midtown Fresh Market, and two blocks from Overton Square. It is also located blocks away from the Cooper-Young neighborhood and entertainment district. Situated in a quiet Midtown neighborhood, the property is close to cultural destinations such as Playhouse on the Square, Hattiloo Theatre, the Memphian Hotel, Ballet Memphis, the Brook Museum, the Memphis Zoo, the Overton Park Shell, and Overton Park. Major hotel, apartment, and retail investments are occurring along Union Avenue and Cooper Street within blocks of this property. The property size is 6688 square feet.