Two-Level Flex
For Sale
$699,000
649 PHILADELPHIA St, Memphis, TN 38104
Commercial/Industrial, Memphis, TN
Property Size8,230 SF
Price / SF$84.93
Days on Market63
Property Features for 649 PHILADELPHIA St
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
CENTRAL AVENUE HEIGHTS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
1486
Amenities
bathroom
kitchen
Building Details
Year built
1950
Listing Agency:
Sowell, Realtors
(901) 278-4380
Listed By:
Linda Sowell
(901) 277-4380
Added: Jun 29
Changed: Aug 24
Last Checked: Aug 30 at 6:06AM
MLS# 10224986
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex property contains 8,230 square feet, including approximately 4,100 square feet of climate-controlled office area arranged across two levels. The office component includes kitchen and bathroom spaces, supporting a combination of administrative and operational functions within the building.
Constructed in 1950, the property is located on Philadelphia Street in Memphis’s Midtown area. Its blend of office improvements and broader flex-space characteristics provides a configuration suited to commercial users requiring both conditioned workspace and additional functional area.
Constructed in 1950, the property is located on Philadelphia Street in Memphis’s Midtown area. Its blend of office improvements and broader flex-space characteristics provides a configuration suited to commercial users requiring both conditioned workspace and additional functional area.
Key Highlights
- 8,230 square feet of total building area
- Approximately 4,100 square feet of climate‑controlled office space
- Office layout spans two levels
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
Well-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 Office in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Flex space - Flex property combining climate-controlled offices with supporting kitchen and bathroom areas.
Where is this flex space located?
The property is located at 649 PHILADELPHIA St Memphis, TN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 8,230 square feet of total building area; Approximately 4,100 square feet of climate‑controlled office space; Office layout spans two levels
