263 Vance Ave Memphis, TN 38126
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Prime South City location, high-growth potential.
Property Features for 263 Vance Ave
General Information
- Property type
- Mixed-use properties
- Lot Size
- 8,712 SF
Listing Agency: Universal Commercial Real Estate LLC Listing Agent: Darrell Cobbins
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 0.2-acre mixed-use lot at 263 Vance Avenue in Memphis, Tennessee (zip code 38126) presents a remarkable investment opportunity in the burgeoning South City/South Forum area of Downtown Memphis' Central Business Improvement District (CBID). The property boasts high visibility along the Vance Avenue corridor, a key east-west artery within the CBID. Its strategic location places it within easy walking distance of major attractions, including the FedEx Forum, home to the Memphis Grizzlies and University of Memphis Tigers, as well as Beale Street's vibrant entertainment scene. Nearby, the recently opened Central Station Hotel, Arrive Hotel, Westin Beale Street, and Hyatt Centric Beale Street offer ample hotel accommodations. This area is experiencing significant revitalization, evidenced by recent multi-million dollar investments in surrounding properties, including FedEx Logistics' new corporate headquarters and the new 40,000 square foot Wiseacre Brewery and Taproom. The property's proximity to these developments, coupled with the availability of additional nearby parcels for potential assemblage, makes it an ideal site for a variety of uses. Furthermore, its location within a Qualified Opportunity Zone and New Markets Tax Credit Census Tract offers significant tax advantages. Don't miss this chance to capitalize on the explosive growth in this dynamic section of Downtown Memphis.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.053065351259
- Latitude
- 35.135531081749
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FAQs
What type of property is this?
Mixed-use property - Prime South City location, high-growth potential.
Where is this mixed-use property located?
The property is located at 263 Vance Ave Memphis, TN.
What are key features of this property?
This property features: High-visibility lot on Vance Avenue in the Central Business District (CBD).; Adjacent to the new 40,000 SF Wiseacre Brewery.; Opportunity for larger site acquisition with adjacent parcels available.
