Downtown Memphis Commercial
For Sale
Contact for pricing
554 Adams Ave, Memphis, TN 38103
25,668 sq ft commercial property in Downtown Memphis.
Property Size25,668 SF
Lot Size0.67 Acres
Price / SF$38.96
Days on Market924
Property Features for 554 Adams Ave
General Information
Standard status
Active
Size
25,668 SF
Class
C
Lot size
0.67 Acres
Property subtype
Industrial
Building Details
Year Built
1967
Buildings
1
Listing Agency:
Memphis Commercial & Industrial
Listed By:
Stefan Feick · License #TN
(901) 415-9812
Source:
Crexi
Added: Feb 21, 2024
Changed: Aug 22
Last Checked: Aug 26 at 12:27PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
4,284
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38103, TN
14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value
Market
Vacancy Rate% for Industrial in Memphis, TN
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- Hey Beautiful Bistro — Mobile Unit, Memphis, TN 38103
Frequently Asked Questions
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
