Parking Garage with Reuse
New
For Sale
Contact for pricing
60 Madison Avenue, Memphis, TN 38103
An existing garage includes space that may accommodate a customer-facing drive-through concept, subject to approvals.
Property Size6,400 SF
Days on Market4
Property Features for 60 Madison Avenue
General Information
Standard status
Active
Size
6,400 SF
Property subtype
Retail
Site & Location
Neighborhood
Main Street Mall
Building Details
Building Size
6,400 SF
Properties For Sale
at 60 Madison Avenue Contact usGround Level
Size
6,400 SF
Term
Negotiable
Rooftop Level
Size
5,500 SF
Term
Negotiable
Listing Agency:
Jones Aur Commercial Real Estate | Memphis
Listed By:
Carson Kane · License #363429
(901) 515-7767
Source:
Jonesaur
Added: Oct 30
Last Checked: Nov 1 at 3:12AM
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 Jones Aur Commercial Real Estate | Memphis
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Investment Insights
Based on property information with market context.
At 60 Madison Avenue in downtown Memphis, this parking garage contains 392 spaces and up to 6,400 square feet of space identified for potential reuse. Garage entry and exit points could support vehicle circulation for a drive-through coffee or quick-service operation, subject to approvals.
Potential customers include residents of Metro67, a 157-apartment property, garage users, and businesses in the surrounding downtown area.
Potential customers include residents of Metro67, a 157-apartment property, garage users, and businesses in the surrounding downtown area.
Key Highlights
- 392‑space parking garage at 60 Madison Avenue in downtown Memphis
- Up to 6,400 SF of space identified for potential reuse
- Garage entry and exit points could support drive‑through circulation, subject to approvals
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,610
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - An existing garage includes space that may accommodate a customer-facing drive-through concept, subject to approvals.
Where is this parking lot & garage located?
The property is located at 60 Madison Avenue Memphis, TN.
What are key features of this property?
This property features: 392‑space parking garage at 60 Madison Avenue in downtown Memphis; Up to 6,400 SF of space identified for potential reuse; Garage entry and exit points could support drive‑through circulation, subject to approvals
