554 Adams Ave Memphis, TN 38103

Building Details

Year Built

1967

Listing Agency Memphis Commercial & Industrial Show Phone

Listed by Stefan Feick · License #TN

Source Crexi

Added: Feb 21, 2024 Checked: Jul 15 at 4:24 pm

Report an Issue

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 Memphis Commercial & Industrial

---

Investment Insights

Based on property information with market context.

Located at 554 Adams St. in Downtown Memphis, this commercial property offers a total of 25,668 sq. ft. The layout includes 2,575 sq. ft. of office space and 23,093 sq. ft. of warehouse space, situated on a 0.67-acre lot. The building is equipped with multiple loading docks, 3-phase electricity, and a repair area with HVAC. Positioned four blocks from the Memphis Courthouse and with convenient access to FedEx Forum and City Hall, the property is suitable for various business uses and has potential for condo or office conversion. The corner lot fronts Adams, Washington, and Dunlap Streets and features a prominent exterior boom sign, providing visibility.

Key Highlights

• Prime downtown Memphis location, just 4 blocks from the Courthouse
• Large commercial property with 25,668 sq. ft. total space (2,575 sq. ft. office, 23,093 sq. ft. warehouse)
• Multiple loading docks and 3‑phase electricity

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,599,900

  Restaurant Building with Parking Lots

  For sale restaurant building plus two dedicated parking lots across four parcels in Midtown Memphis.

  1324 PEABODY Ave, Memphis, TN 38104

  View Details
• 

  $525,000

  7,094 SF

  Freestanding Retail Redevelopment Building

  Freestanding retail building with redevelopment zoning and strong Union Ave traffic exposure near major Memphis entertainment and retailers.

  2029 Union Avenue, Memphis, TN 38104

  View Details
• 

  $1,499,000

  Flex Industrial Building with Office

  Office-equipped flex building with dual 277V 3-phase power and two drive-in doors for warehouse and light industrial uses.

  6735 WHITTEN Pl, Memphis, TN 38133

  View Details
• 

  $765,000

  Memphis Commercial Property For Sale

  Commercial property with potential for medical or office space.

  804 S HIGHLAND St, Memphis, TN 38111

  View Details
• 

  $150,000

  1,151 SF

  Turnkey Renovated Duplex Property

  Fully renovated duplex offers two updated units with modern finishes, bringing a move-in-ready option for rental buyers.

  1621 OAKWOOD St, Memphis, TN 38108

  View Details
• 

  $1,568,000

  946 SF

  19-Unit Multifamily Apartment Building

  Professionally managed 19-unit property with parking and washer/dryer connections, available for bulk purchase.

  32 N BELVEDERE Blvd, Memphis, TN 38104

  View Details
• 

  $300,000

  Automotive Repair and Retail Buildings

  Two buildings are offered together, including one currently suited for auto body work and flexible retail uses.

  2408 LAMAR Ave, Memphis, TN 38114

  View Details
• 

  $2,500,000

  Free-Standing Office Building

  AS-IS free-standing office building offered for sale near the medical district in Memphis.

  225 S CLEVELAND St, Memphis, TN 38104

  View Details
• 

  $575,000

  3,147 SF

  Turnkey Duplex with Covered Parking

  Newer duplex built in 2022 with two dedicated covered parking spaces per unit.

  82 N REMBERT St, Memphis, TN 38104

  View Details
• 

  $160,000

  Versatile Commercial Property in Memphis

  Adaptable commercial space suitable for various business types or investment.

  3402 PARK Ave, Memphis, TN 38111

  View Details
• 

  $900,000

  11,122 SF

  Memphis Retail Building with Drive-Thru

  11,122 SF retail building on 1.84 acres with drive-thru.

  3500 Ramill Rd, Memphis, TN 38128

  View Details
• 

  $125,000

  1,375 SF

  Tenant-Occupied Duplex For Sale

  Duplex with two 2-bed, 1-bath units, including one tenant-occupied through July 26, 2026.

  3038-3040 SINCLAIR St, Memphis, TN 38127

  View Details

Similar Off Market Nearby

• Ben & Jerry's — 261 Riverside Dr, Memphis, TN 38103
• Laura Lee's Lunchables — 345 madison ave, memphis, tn 38103
• Smoke and Ice — 668 Union Ave, Memphis, TN 38103
• Hudson Dining Experience — 60 S Main St #209, Memphis, TN 38103
• Hey Beautiful Bistro — Mobile Unit, Memphis, TN 38103

FAQs

What type of property is this?

Flex space - 25,668 sq ft commercial property in Downtown Memphis.

Where is this flex space located?

The property is located at 554 Adams Ave Memphis, TN.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Prime downtown Memphis location, just 4 blocks from the Courthouse; **Large commercial property with 25,668 sq. ft. total space** (2,575 sq. ft. office, 23,093 sq. ft. warehouse); Multiple loading docks and 3‑phase electricity