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    785 Union Ave Memphis, TN

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    Retail space near medical district with high traffic and development.

    Type:RETAIL
    Property size:
    6,122 SF
    Lot size:
    2.55 Acres
    Price / SF:
    $963/SF
    Added:
    Dec 24, 2024
    Days on Market:
    491
    Last Refresh:
    Apr 5 at 8:05 pm

    Property Features for 785 Union Ave

    General Information

    Standard status
    Active
    Size
    6,122 SF
    Lot size
    2.55 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 785 Union Ave Contact us

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    Listing Contact
    Sandy Aron

    Listing agent Sandy Aron

    Listing office Hunington Properties Inc.

    Listing date Dec 24, 2024

    Source Moodyscre

    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 Hunington Properties Inc.


    Overview

    Prime Retail Space Near Hospitals

    This 6,122 square foot retail space is located in a district anchored by multiple medical facilities, including St. Jude Children's Research Hospital, Le Bonheur Children's Hospital, The University of Tennessee Health Science Center, Memphis VA Medical Center, and Regional One Health. These facilities have a total bed count exceeding 2,500 and attract thousands of daytime users. The location benefits from easy access to I-40 and I-69. The area is experiencing significant development, with over $300 million in new projects. These include the 199-unit Mixed-Use Rise Apartments, the new Orion Federal Credit Union HQ, the 10-acre Orleans Station Mixed-Use Development featuring twelve 3-story luxury apartment buildings and Class A street-level retail, the 105-unit University Lofts, and The Ravine Greenspace. Additionally, there is a proposed $1 billion project called The Walk on Union. Traffic counts in the area are substantial, with Union Avenue seeing 27,970 AADT, I-40 seeing 71,982 AADT, and I-69 seeing 98,353 AADT.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Depot Tech ... Tech Support Center Office Depot Print ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Law Firm Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0353
    Latitude
    35.1381

    FAQs

    What type of property is this?
    Retail space - Retail space near medical district with high traffic and development.
    Where is this retail space located?
    The property is located at 785 Union Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: Proximity to major medical facilities with 2,500+ beds and thousands of daytime users.; Over $300M+ in new developments, including mixed‑use apartments, headquarters, and retail spaces.; Easy access to I‑40 and I‑69.
    (713) 623-6944 Call to check price and availability
    More about this property
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