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Downtown Memphis Commercial Property

554 Adams Ave Memphis, TN 38103

554 Adams Ave, Memphis, TN, 38103
Contact for pricing
For Sale
Contact for pricing

25,668 sq ft commercial property in Downtown Memphis.

Property Size25,668 SF
Lot Size0.67 Acres
Price / SF$38.96
Days on Market879

Property Features for 554 Adams Ave

General Information

Standard status
Active
Size
25,668 SF
Lot size
0.67 Acres
Property subtype
Industrial

Building Details

Year Built
1967
Listing Agency Memphis Commercial & Industrial
Listed by Stefan Feick · License #TN
Source Crexi
Added: Feb 21, 2024 Checked: Jul 19 at 7:17 am

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 Memphis Commercial & Industrial


Investment Insights

Based on property information with market context.

Located at 554 Adams St. in Downtown Memphis, this commercial property offers a total of 25,668 sq. ft. The layout includes 2,575 sq. ft. of office space and 23,093 sq. ft. of warehouse space, situated on a 0.67-acre lot. The building is equipped with multiple loading docks, 3-phase electricity, and a repair area with HVAC. Positioned four blocks from the Memphis Courthouse and with convenient access to FedEx Forum and City Hall, the property is suitable for various business uses and has potential for condo or office conversion. The corner lot fronts Adams, Washington, and Dunlap Streets and features a prominent exterior boom sign, providing visibility.

Key Highlights

  • Prime downtown Memphis location, just 4 blocks from the Courthouse
  • Large commercial property with 25,668 sq. ft. total space (2,575 sq. ft. office, 23,093 sq. ft. warehouse)
  • Multiple loading docks and 3‑phase electricity

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

High Gear Transmission Auto Repair Shop

Suggested Use

Carpet & Flooring Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Veterinary Clinic Electrical Service Pet Grooming Service Butcher Tanning Salon (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Ben & Jerry's — 261 Riverside Dr, Memphis, TN 38103
  • Laura Lee's Lunchables — 345 madison ave, memphis, tn 38103
  • Smoke and Ice — 668 Union Ave, Memphis, TN 38103
  • Hudson Dining Experience — 60 S Main St #209, Memphis, TN 38103
  • Hey Beautiful Bistro — Mobile Unit, Memphis, TN 38103

FAQs

What type of property is this?
Flex space - 25,668 sq ft commercial property in Downtown Memphis.
Where is this flex space located?
The property is located at 554 Adams Ave Memphis, TN.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Prime downtown Memphis location, just 4 blocks from the Courthouse; **Large commercial property with 25,668 sq. ft. total space** (2,575 sq. ft. office, 23,093 sq. ft. warehouse); Multiple loading docks and 3‑phase electricity
Contact an agent
(901) 415-9812 Call to check price and availability
More about this property
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