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    526 Cooper St Memphis, TN 38104

    Sponsored
    For Lease
    $15 SF/Yr ($7,500 /Mo)

    Historic Midtown Memphis Office Space

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,000 square foot building, constructed in 1920, offers a unique opportunity in Memphis' vibrant Midtown submarket, specifically the Overton Square/Cooper-Young cluster. Located at 526 Cooper Street, zip code 38104, this property is zoned CMU and features two suites, each with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 6,000 square feet. Currently, the entire 6,000 square feet is available for lease. The building is a blend of Creative and Traditional Office space, also suitable for retail or restaurant use, making it highly versatile. While it lacks elevators, its prime location in a thriving cultural hub offers unparalleled access to a diverse range of amenities. Nearby attractions include the Cooper-Young Historic District, Overton Square, the Memphis Zoo, and Overton Park, providing employees and clients with abundant leisure options. The area boasts a rich culinary scene, with numerous restaurants within easy walking distance. This property presents a rare chance to establish a presence in one of Memphis' most sought-after neighborhoods, offering a unique blend of work, live, and play opportunities. The building's historic charm combined with its modern adaptability makes it an ideal location for businesses seeking a distinctive and convenient address.

    Property Features for 526 Cooper St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Total Rate
    7500

    Building Details

    Year Built
    1920
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    6,000 SF
    Rate per SF
    $20

    HighLights

    • Versatile floor plan suitable for retail, office, or restaurant use.
    • Modern design featuring abundant natural light.
    • High ceilings and spacious interior.
    • Customizable floor plans with premium finishes.
    • Ample storefront windows providing excellent visibility.
    • Prime location in a vibrant, high‑traffic area between Cooper‑Young and Overton Square.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lipford Sheet Metal Sheet Metal Contractor

    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
    -89.990527381141
    Latitude
    35.131494609351

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    FAQs

    What type of property is this?
    Restaurant - Historic Midtown Memphis Office Space
    Where is this restaurant located?
    The property is located at 526 Cooper St Memphis, TN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Versatile floor plan suitable for retail, office, or restaurant use.; Modern design featuring abundant natural light.; High ceilings and spacious interior.
    Request Owner's contact information
    526 Cooper St Memphis, TN 38104
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    Memphis, TN 38104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    526 Cooper St Memphis, TN 38104
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