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Flex Industrial Building with Six Doors
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259 WEBSTER AVE, Memphis, TN 38126

Flex/industrial building on about 1.95 acres with six grade-level roll-up doors and a former auto garage site.

Property Size29,500 SF
Lot Size1.95 Acres
Price / SF$25.42
Days on Market117

Property Features for 259 WEBSTER AVE

General Information

Standard status Active
Size 29,500 SF
Lot size 1.95 Acres
Property subtype Retail, Industrial

Additional Details

Highway Access Yes
Drive-In Doors 6

Building Details

Year Built 1949
Stories 1
Units 1
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: May 15 Changed: Aug 14 Last Checked: Sep 8 at 4:38AM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

An existing flex/industrial building is available along with approximately 1.95 acres of land. The building includes six (6) grade-level roll-up garage doors, supporting a flexible layout suited to a range of warehouse, distribution, service, or creative industrial uses, subject to applicable requirements.

The property is positioned in the South Downtown and Central Business Improvement Districts. Public remarks also note enhanced zoning flexibility and potential City of Memphis incentives, with access to Downtown and major interstates.

The site is identified as a former auto garage/car storage use. Phase 1 and environmental reports have not been completed to confirm any environmental concerns.

Key Highlights

  • 1.95‑acre downtown Memphis flex/industrial site at 259 East Webster Avenue (Memphis, TN 38126)
  • 129,500 SF existing building built in 1949
  • Building includes 6 grade‑level roll‑up garage doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply HVAC Service Dental Office Hair Salon Garden Center Furniture & Home Goods

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

6
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,197
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38126, TN

5,717
Population
3,260
Households
1.8
Avg Household Size
32
Median Age
14%
College-Educated
82%
High-School Grad
1.9 sq mi
ZIP Area
3,009
Density / Sq Mi
$30,825
Median Household Income
$32,396
Median Earnings
$794
Median Rent
$59,000
Median Home Value

Market

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019
6.3% 2020
4.8% 2021
4.5% 2022
7.4% 2023
8.8% 2024
8.5% 2025
Rey
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Similar Off Market Nearby

  • By Chef Eli 120 St Paul Ave w403, Memphis, TN 38126
  • Delectables Catering 409 S Main St, Memphis, TN 38103
  • Black Sheep Catering 409 S Main St, Memphis, TN 38103
  • Lunchbox Eats 288 S 4th St, Memphis, TN 38126
  • Ben & Jerry's 261 Riverside Dr, Memphis, TN 38103

Frequently Asked Questions

What type of property is this?
Flex space - Flex/industrial building on about 1.95 acres with six grade-level roll-up doors and a former auto garage site.
Where is this flex space located?
The property is located at 259 WEBSTER AVE Memphis, TN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1.95‑acre downtown Memphis flex/industrial site at 259 East Webster Avenue (Memphis, TN 38126); 129,500 SF existing building built in 1949; Building includes 6 grade‑level roll‑up garage doors
More about this property
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