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Office Building with Excess Land
For Sale
$450,000

320 East St, Memphis, TN 38126

Converted home provides office use alongside additional land for future development consideration.

Property SizeContact for details
Lot Size0.71 Acres
Days on Market38

Property Features for 320 East St

General Information

Standard status Active
Lot size 0.71 Acres

Additional Details

Land Use office

Building Details

Year Built 1900
Buildings 1
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Chris Garland · License #TN-232993
Source: Bryanrealty
Added: Jul 25 Changed: Aug 30 Last Checked: Aug 31 at 7:29PM

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 Crye-Leike, Inc., REALTORS

Investment Insights

Based on property information with market context.

This 1900-built property consists of a former home adapted for office use, together with the building site and adjacent excess land. The existing structure can continue in office use, while the source information also identifies residential-unit conversion as a possible alternative.

The parcel totals .71 acres, with additional land positioned north of the building. Multifamily or townhome development is identified as a potential use for that excess area. The property is located in Memphis’ Medical Center/Midtown area at 320 East St.

Key Highlights

  • 1900‑built building converted from residential use to office space
  • Property includes .71 acres with additional land north of the building
  • Existing structure can remain in office use or be considered for residential‑unit conversion

Property Analytics

Current Use

Ambassador Management Property Management Company

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center Home Appliance Store HVAC Service

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

1,773
Businesses Nearby

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 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 - Converted home provides office use alongside additional land for future development consideration.
Where is this office building located?
The property is located at 320 East St Memphis, TN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1900‑built building converted from residential use to office space; Property includes .71 acres with additional land north of the building; Existing structure can remain in office use or be considered for residential‑unit conversion
More about this property
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