Historic Hospitality
For Sale
Contact for pricing
756 Jefferson Avenue, Memphis, TN 38105
Built in 1890, this Memphis property offers a documented history and boutique hotel repositioning plan.
Property Size10,611 SF
Price / SF$75.39
Days on Market56
Property Features for 756 Jefferson Avenue
General Information
Standard status
Active
Size
10,611 SF
Property subtype
Office, Hospitality, Special Purpose
Investment Type
Redevelopment
Building Details
Year Built
1890
Listing Agency:
Gill Properties Memphis
(901) 866-1101
Listed By:
Frank Dyer III · License #TN 270296
Source:
Crexi
Added: Jul 8
Changed: Aug 31
Last Checked: Aug 31 at 5:50PM
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 Gill Properties Memphis
Investment Insights
Based on property information with market context.
Constructed in 1890, this 10,611-square-foot property at 756 Jefferson Avenue in Memphis has served several distinct roles over time. Elias Lowenstein built the residence after joining his brothers’ dry-goods business, and the building later became a boarding house for young women working in local factories. In 1979, it was converted to a treatment center for mental health outpatients.
The property returned to private ownership before its 2021 acquisition by preservationist Bill Townsend. Current plans call for repurposing the building as a boutique hotel in consultation with Memphis Heritage. Its documented institutional and residential history provides substantial context for evaluating a hospitality-focused redevelopment.
The property returned to private ownership before its 2021 acquisition by preservationist Bill Townsend. Current plans call for repurposing the building as a boutique hotel in consultation with Memphis Heritage. Its documented institutional and residential history provides substantial context for evaluating a hospitality-focused redevelopment.
Key Highlights
- 10,611‑square‑foot property at 756 Jefferson Avenue, Memphis, TN 38105
- Constructed in 1890
- Documented use as a boarding house beginning in 1921
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,888
Businesses Nearby
Explore this area
Business Placement
Demographics for 38105, TN
6,232
Population
4,145
Households
1.5
Avg Household Size
39
Median Age
22%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
3,666
Density / Sq Mi
$29,316
Median Household Income
$34,969
Median Earnings
$928
Median Rent
$75,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Built in 1890, this Memphis property offers a documented history and boutique hotel repositioning plan.
Where is this hotel located?
The property is located at 756 Jefferson Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 10,611‑square‑foot property at 756 Jefferson Avenue, Memphis, TN 38105; Constructed in 1890; Documented use as a boarding house beginning in 1921
