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    532 Cooper St Memphis, TN 38104

    For Lease
    $15 SF/Yr ($3,475 /Mo)

    Historic Midtown Memphis office, 2780 sq ft.

    Lot size:
    2,780 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,780-square-foot single-tenant property, located at 532 Cooper Street in Memphis, Tennessee, 38104, presents a unique opportunity. Built in 1920, this one-story building offers a blend of creative and traditional office space, ideal for a variety of businesses. The property is situated in Midtown's vibrant Overton Square/Cooper-Young submarket, a thriving cultural hub. Its CMU zoning allows for flexibility. The building's proximity to numerous acclaimed restaurants (including Bari, Slider Inn, Cafe 1912, and Alchemy) and attractions like the Cooper-Young district, Overton Square, Memphis Zoo, and Overton Park, provides a desirable work-live-play environment. The entire 2,780 square feet is currently vacant, offering immediate occupancy. The address is easily accessible via Peabody Street. This location offers a unique blend of business and leisure, perfect for tenants seeking a vibrant and convenient urban setting. The property is categorized as Retail, Office, and Restaurant, reflecting its versatile potential.

    Property Features for 532 Cooper St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,780 SF
    Total Rate
    3475

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,780 SF
    Rate per SF
    $20

    HighLights

    • Versatile layout suitable for retail, office, or restaurant use.
    • Modern design featuring abundant natural light.
    • Spacious interior with high ceilings.
    • Customizable floor plans and premium finishes.
    • Ample storefront windows providing high visibility.
    • Prime location in a vibrant, up‑and‑coming neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ART by LECCO Artist

    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
    -89.990530654752
    Latitude
    35.131394644979

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    FAQs

    What type of property is this?
    Restaurant - Historic Midtown Memphis office, 2780 sq ft.
    Where is this restaurant located?
    The property is located at 532 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 layout suitable for retail, office, or restaurant use.; Modern design featuring abundant natural light.; Spacious interior with high ceilings.
    Request Owner's contact information
    532 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
    532 Cooper St Memphis, TN 38104
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