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Freestanding Office Building
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251 Adams Ave, Memphis, TN 38103

Fully renovated freestanding office building with 2,100 square feet and dedicated rear parking.

Property Size2,100 SF
Price / SF$147.62
Days on Market468

Property Features for 251 Adams Ave

General Information

Standard status Active
Size 2,100 SF
Property subtype OFFICE
Listing Agency: NAI Saig Company - Memphis
Listed By: Paul Banks · License ##299669
Source: Moodyscre
Added: Apr 21, 2025 Changed: Jul 29 Last Checked: Jul 31 at 11:08AM

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 - Memphis

Investment Insights

Based on property information with market context.

This freestanding office building offers approximately 2,100 square feet of office space. The property has been fully renovated and includes dedicated parking located in the back, supporting convenient on-site access.

The asset is offered for sale, providing a straightforward option for an owner-occupant or investor seeking a renovated standalone office configuration with rear parking.

The current offering is described as a 2,100 SF office space within the freestanding building, with dedicated parking to the rear.

Key Highlights

  • Freestanding office building with 2,100 SF of office space
  • Fully renovated interior
  • Dedicated parking available in the back

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

3,826
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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Frequently Asked Questions

What type of property is this?
Office building - Fully renovated freestanding office building with 2,100 square feet and dedicated rear parking.
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 $310,000.
What are key features of this property?
This property features: Freestanding office building with 2,100 SF of office space; Fully renovated interior; Dedicated parking available in the back
(901) 240-5400 Call to check price and availability
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