Downtown Parking
For Sale
Contact for pricing
243 EXCHANGE AVE, Memphis, TN 38105
Surface parking asset with Exchange Ave frontage and Opportunity Zone designation.
Property SizeContact for details
Lot Size0.40 Acres
Days on Market12
Property Features for 243 EXCHANGE AVE
General Information
Standard status
Active
Total Parking Spaces
63
Lot size
0.40 Acres
Property subtype
Land
Additional Details
Opportunity Zone
Yes
Road Access
Yes
Listing Agency:
Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee
Listed By:
Caleb Park · License #TN 329534
Source:
Crexi
Added: Sep 14
Changed: Sep 16
Last Checked: Sep 24 at 9:28AM
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 Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee
Investment Insights
Based on property information with market context.
This downtown parking property provides 63 parking spaces across approximately 0.4 acres. The site offers a straightforward surface-parking configuration, with approximately 120 feet of frontage along Exchange Ave and approximately 146 feet of depth. It is designated within an Opportunity Zone.
The property is adjacent to 201 Poplar and within walking distance of the US and Shelby County Courts. Its downtown setting and established parking function provide a clearly defined commercial use in an active civic area.
The property is adjacent to 201 Poplar and within walking distance of the US and Shelby County Courts. Its downtown setting and established parking function provide a clearly defined commercial use in an active civic area.
Key Highlights
- 63 parking spaces available
- Approximately 0.4 acres
- Approximately 120 feet of frontage on Exchange Ave
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,817
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38105, TN
6,232
Population
4,145
Households
1.5
Avg Household Size
39
Median Age
22%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
3,666
Density / Sq Mi
$29,316
Median Household Income
$34,969
Median Earnings
$928
Median Rent
$75,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - Surface parking asset with Exchange Ave frontage and Opportunity Zone designation.
Where is this parking lot & garage located?
The property is located at 243 EXCHANGE AVE Memphis, TN.
What are key features of this property?
This property features: 63 parking spaces available; Approximately 0.4 acres; Approximately 120 feet of frontage on Exchange Ave
