Uptown Memphis Mixed-Use
657 Chelsea Ave, Memphis, TN 38107
For Sale
Contact for pricing
13,000 SF building in Uptown Memphis near Downtown.
Property Size13,000 SF
Lot Size0.50 Acres
Price / SF$46.15
Days on Market981
Property Features for 657 Chelsea Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Myers Commercial Real Estate
Listed By:
Melanie Myers Bland · License TN #288335
Source:
Crexi
Added: Mar 6, 2024
Changed: Nov 10
Last Checked: Nov 10 at 9:09AM
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 Myers Commercial Real Estate
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Investment Insights
Based on property information with market context.
This approximately 13,000 square foot building is located in the Uptown District, near Downtown Memphis. Zoned for Mixed-Use purposes, the property is suitable for a variety of commercial or multi-family residential uses. The existing building could be restored as a daycare facility or repurposed for warehouse or retail uses, with ceiling heights up to 30 feet. Build-to-suit options are available for retailers. The 0.5-acre gated lot provides parking or storage opportunities. Located East of Downtown Memphis at 657 Chelsea Avenue, the property offers easy access via Interstate 40 and proximity to developments such as the $3 Billion St. Jude Hospital renovation and residential development projects.
Key Highlights
- Located in the popular Uptown District, steps from Downtown Memphis revitalization.
- Zoned for Mixed‑Use, allowing for commercial or multi‑family residential development.
- 0.5‑acre gated lot provides ample parking or storage.**
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
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Business Placement
Demographics for 38107, TN
15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
Median Home Value
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Market
Properties on Market for Mixed-use properties in Memphis
Vacancy Rate% for Industrial in Memphis, TN
Frequently Asked Questions
What type of property is this?
Mixed-use property - 13,000 SF building in Uptown Memphis near Downtown.
Where is this mixed-use property located?
The property is located at 657 Chelsea Ave Memphis, TN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Located in the popular Uptown District, steps from Downtown Memphis revitalization.; Zoned for Mixed‑Use, allowing for commercial or multi‑family residential development.; 0.5‑acre gated lot provides ample parking or storage.**
