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1299 Mclemore Ave Memphis, TN 38106

For Sale
$2,300,000

30,000 SF, 2.8 Acres, Move-In Ready

Property size:
30,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional 30,000-square-foot property, situated on a spacious 2.83-acre campus in Midtown Memphis, presents a unique investment opportunity. The property comprises three buildings, offering ample space for a variety of uses. Originally a charter school, the buildings boast numerous classrooms and group rooms, a kitchen, a walk-in freezer and cooler, and a substantial play area. Significant renovations were completed in 2008, 2010, and 2015, ensuring the property is in excellent condition. The roof, a TPO system, was replaced just four years ago. The property is equipped with a three-phase power system, an electronic gate, and a fire alarm system, enhancing security and functionality. Zoned EMP, this versatile property is vacant and ready for immediate occupancy. The asking price is $2,300,000, translating to $76.67 per square foot. Built in 1956, this well-maintained campus offers significant potential for various commercial ventures. Located at 1299 E McLemore Ave, Memphis, TN 38106, this property is conveniently situated in a vibrant Midtown location.

Property Features for 1299 Mclemore Ave

General Information

Property type
Schools
Square Feet
30,000 SF
Lot Size
123,275 SF

Building Details

Year Built
1956
Buildings
3

HighLights

  • 30,000 SF across three buildings on a 2.83‑acre campus.
  • 2.83‑acre Midtown Memphis campus.
  • Equipped with an electronic gate and fire alarm system.
  • Renovated in 2015 (with additional renovations in 2008 and 2010).
  • Vacant and move‑in ready.
Property Profile Location Intelligence

Current Use by Public Records

Aster College Preparatory ... School Pogue Management Corporation Business Management Consultant

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-90.0191658
Latitude
35.1144125

FAQs

What type of property is this?
School - 30,000 SF, 2.8 Acres, Move-In Ready
Where is this school located?
The property is located at 1299 Mclemore Ave Memphis, TN.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 30,000 SF across three buildings on a 2.83-acre campus.; 2.83-acre Midtown Memphis campus.; Equipped with an electronic gate and fire alarm system.
More about this property
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