Two-Story Freestanding Flex
For Sale
$3,200,000
299 North Cleveland Street, Memphis, TN 38104
Two-story freestanding property combining retail, showroom, and warehouse/distribution space with on-site parking.
Property Size41,945 SF
Price / SF$76.29
Days on Market96
Property Features for 299 North Cleveland Street
General Information
Standard status
Active
Size
41,945 SF
Class
C
Property subtype
IND, IND-DIST, MU
Zoning
WHSE Storage
Building Details
Building Size
41,945 SF
Year Built
1950
Stories
2
Listing Agency:
KELLER WILLIAMS®
(901) 205-6413
Listed By:
Yvonne Spencer
(901) 205-6413
Source:
Realnex
Added: May 28
Changed: Aug 14
Last Checked: Aug 30 at 11:01PM
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 KELLER WILLIAMS®
Investment Insights
Based on property information with market context.
This two-story freestanding property at 299 North Cleveland Street in Memphis is offered for sale AS-IS and includes a mix of retail, showroom, warehouse, rental, and distribution space totaling 41,945 SF. The overall configuration is designed to support multiple operating models, including owner-users, distributors, and retailers, with substantial interior storage and on-site parking to support day-to-day operations.
The property is positioned for convenient access to Downtown Memphis and major transportation corridors, making it suitable for tenants or buyers who want a multi-use facility with straightforward connectivity to the surrounding area.
For a buyer looking for a versatile commercial building, the combined retail/showroom and warehouse/distribution components can help accommodate a business that needs both customer-facing space and functional storage. The listing also notes that the business and real estate are being sold together, with proof of funds required with all offers and showings available by advance appointment only. Interested parties should verify any information deemed important before submitting an offer.
The property is positioned for convenient access to Downtown Memphis and major transportation corridors, making it suitable for tenants or buyers who want a multi-use facility with straightforward connectivity to the surrounding area.
For a buyer looking for a versatile commercial building, the combined retail/showroom and warehouse/distribution components can help accommodate a business that needs both customer-facing space and functional storage. The listing also notes that the business and real estate are being sold together, with proof of funds required with all offers and showings available by advance appointment only. Interested parties should verify any information deemed important before submitting an offer.
Key Highlights
- Two‑story freestanding commercial property built in 1950
- ±141,945 SF of retail, showroom, warehouse, rental, and distribution space
- Functional mix of retail/showroom plus warehouse/distribution areas
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
984
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in Memphis, TN
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Similar Off Market Nearby
- Heirloom Catering — 1350 Concourse Ave, Memphis, TN 38104
Frequently Asked Questions
What type of property is this?
Flex space - Two-story freestanding property combining retail, showroom, and warehouse/distribution space with on-site parking.
Where is this flex space located?
The property is located at 299 North Cleveland Street Memphis, TN.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Two‑story freestanding commercial property built in 1950; ±141,945 SF of retail, showroom, warehouse, rental, and distribution space; Functional mix of retail/showroom plus warehouse/distribution areas
