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    258 Center St Collierville, TN 38017

    For Lease
    $32 SF/Yr ($2,499 /Mo)

    Charming renovated office, ideal location.

    Lot size:
    929 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 929-square-foot Class A creative office space is situated in the heart of Collierville, Tennessee, just one block south of the Town Square. Originally built in 1922 and extensively renovated in 2022, this single-tenant property offers a unique blend of historic charm and modern functionality. The building sits on a 0.51-acre lot and is zoned MU - Mixed Use, providing flexibility for a variety of commercial uses. The interior features two private offices, an open entry/work or conference area perfect for collaboration, and a fully equipped kitchen boasting granite countertops and updated appliances. Hardwood floors throughout add to the property's sophisticated aesthetic. A full-size washer and dryer are included. The expansive backyard offers significant storage space and potential for additional parking. Utilities are provided by MLGW and Collierville. The property's address is 258 S Center St, Collierville, TN 38017, conveniently located near E. South Cross Street, within the East Memphis submarket and Collierville Town Square submarket cluster. This property presents a rare opportunity to own a beautifully renovated, historically significant commercial space in a thriving Tennessee community.

    Property Features for 258 Center St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    929 SF
    Class
    A
    Total Rate
    2499.78

    Building Details

    Year Built/Renovated
    1922/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,000 SF
    Rate per SF
    $32

    HighLights

    • Move‑in ready commercial space in Collierville, beautifully renovated.
    • One block south of Collierville Town Square.
    • Features two private offices, open workspace, and full kitchen with granite countertops and updated appliances.
    • Hardwood floors throughout. Includes washer/dryer.
    • Large backyard offering ample storage or potential for additional parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Collierville
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.665667804148
    Latitude
    35.038044096089

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    FAQs

    What type of property is this?
    Office space - Charming renovated office, ideal location.
    Where is this office space located?
    The property is located at 258 Center St Collierville, TN.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: Move-in ready commercial space in Collierville, beautifully renovated.; One block south of Collierville Town Square.; Features two private offices, open workspace, and full kitchen with granite countertops and updated appliances.
    Request Owner's contact information
    258 Center St Collierville, TN 38017
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    Collierville, TN 38017
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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
    258 Center St Collierville, TN 38017
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