Advertise
    Memphis, TN
    Medical Premises

    Memphis, TN Medical Office Space for Sale

    Notify Me
    List
    Map
    Southaven, MS Olive Branch, MS Horn Lake, MS Nesbit, MS Walls, MS Piperton, TN Lake Cormorant, MS Jackson, MS
    21 properties
    Sort:
    Medical District Office/Retail Opportunity
    Updated: May 29, 2025
    Medical District Office/Retail Opportunity

    661 Madison Ave, Memphis, TN 38103

    $595,000
    3,616 sqft
    Newly renovated in 2023
    Move‑in ready condition
    Largely furnished, ready for immediate use
    Medical District location
    Office/Freestanding Retail Opportunity
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    661 Madison Ave, Memphis, TN 38103

    View Property Analytics

    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $52K
      Annual

    • Mortgage

      $430K
      Aug 2018

    • Last Sold

      Aug 2018
      $438K

    • Property Type

      Office Building
      Built 1950
    View Property Analytics
    Memphis Commercial Property For Sale
    Updated: Apr 17
    Memphis Commercial Property For Sale

    804 S HIGHLAND St, Memphis, TN 38111

    $765,000
    Great potential for medical or office space.
    Plenty of parking spaces with wrap around driveway.
    Open floor plan with plenty of office space and restrooms.
    Owner financing considered with approved credit.
    Built in 1964.
    View details
    Renovated Live-Work Office Building
    Renovated Live-Work Office Building

    3612 PARK Ave, Memphis, TN 38111

    $210,000

    Fully renovated office building with rear parking, suited for live-work use or professional services.

    View details
    Medical Office with Excellent Visibility
    Medical Office with Excellent Visibility

    3124 THOMAS St, Memphis, TN 38127

    $150,000

    Former doctors office offered as-is, with excellent visibility, and requires repairs and a new roof.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Medical Office Space for Sale
    Medical Office Space for Sale

    333 S Bellevue Boulevard, Memphis, TN 38104

    $310,000
    2,584 sqft

    Medical office space offered for sale at 333 S Bellevue Boulevard in Memphis.

    View details
    Turn-Key Medical Office Suite
    Turn-Key Medical Office Suite

    1900 KIRBY Pky, Germantown, TN 38138

    $127,000

    Turn-key medical office with four exam rooms, updated finishes, and a reception and nurses station.

    View details
    Live-Work Medical Office Condo
    Live-Work Medical Office Condo

    95 S MAIN St S, Memphis, TN 38103

    $349,000

    Medical-ready office space with exam rooms and a self-contained second-level studio apartment, plus secure parking access.

    View details
    Medical-Ready Office Condo
    Medical-Ready Office Condo

    5158 STAGE Rd, Memphis, TN 38134

    Contact for pricing

    Office condo offers medical-practice ready layout with multiple rooms, waiting area, and a dedicated restroom.

    View details
    Medical Office Suite Available
    Medical Office Suite Available

    1920 Kirby Parkway, Memphis, TN 38138

    Contact for pricing
    4,350 sqft

    4,350 SF ground floor medical office suite for sale.

    View details
    Distinctive Multi-Structure Office Property
    Distinctive Multi-Structure Office Property

    7642 Poplar Pike, Germantown, TN 38138

    Contact for pricing
    4,000 sqft

    Three connected structures with executive offices and conference space suited for professional and medical-administration users.

    View details
    Memphis Office Building For Sale
    Memphis Office Building For Sale

    6634 Summer Knoll Cir, Memphis, TN

    $995,000
    4,500 sqft 0.35 AC lot

    Office building in Northeast Memphis with easy highway access.

    View details
    Germantown Parkway Outparcel Opportunity
    Germantown Parkway Outparcel Opportunity

    1645 North Germantown Parkway, Memphis, TN 38016

    Contact for pricing
    3,270 sqft

    3,270 SF outparcel ideal for medical or retail use.

    View details
    Medical and Traditional Office Building
    Medical and Traditional Office Building

    555 S PERKINS RD, Memphis, TN 38117

    Contact for pricing
    58,032 sqft

    For sale office building suited for both medical and traditional office users in East Memphis.

    View details
    Stand Alone Office/Medical Building
    Stand Alone Office/Medical Building

    1695 Bonnie Ln, Memphis, TN 38016

    $795,000
    5,129 sqft

    Renovated office/medical building with ample parking and high visibility.

    View details
    Germantown Medical Campus Investment Opportunity
    Germantown Medical Campus Investment Opportunity

    8000 Wolf River Blvd, Germantown, TN

    Contact for pricing
    91,570 sqft 7.16 AC lot

    Two-building medical campus in Germantown, TN, fully leased.

    View details
    Medical District Surgical Center Opportunity
    Medical District Surgical Center Opportunity

    2200 Union Ave, Memphis, TN

    Contact for pricing
    4,888 sqft 0.49 AC lot

    4,888 SF medical space in Memphis Medical District.

    View details
    East Memphis Commercial Building Opportunity
    East Memphis Commercial Building Opportunity

    3132 Park Ave, Memphis, TN

    $95,000
    1,276 sqft 0.20 AC lot

    Commercial building in East Memphis near the University of Memphis.

    View details
    Free-Standing Office Building
    Free-Standing Office Building

    225 S CLEVELAND ST, Memphis, TN 38104

    $2,500,000

    For sale as-is free-standing office building positioned within Memphis’s medical district.

    View details
    Freestanding Medical Office Building Available
    Freestanding Medical Office Building Available

    1231 E Raines Rd, Memphis, TN

    Contact for pricing
    8,988 sqft 0.63 AC lot

    8,988 SF medical office building designed for various practices.

    View details
    Bartlett Medical/Professional Office Building
    Bartlett Medical/Professional Office Building

    6570 Stage Rd, Bartlett, TN 38134

    $3,600,000
    36,550 sqft 1.86 AC lot

    Two-story medical/professional office building in Bartlett, Tennessee, for sale.

    View details
    Medical/General Office Building For Sale
    Medical/General Office Building For Sale

    6605 Stage Rd, Bartlett, TN 38134

    $1,750,000
    11,300 sqft

    Investment opportunity in Bartlett, TN, suitable for owner-user.

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Memphis, TN, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

    Off-Market Properties in Memphis, TN

    Consider similar Off-Market properties in Memphis, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1653 Poplar Ave
    MEDICAL BUILDING

    1653 Poplar Ave, Memphis, TN 38104-2511

    Value Estimation by Request
    2,527 sqft 0.11 AC lot
    View details
    4913 Raleigh Cmn Dr
    MEDICAL BUILDING

    4913 Raleigh Cmn Dr, Memphis, TN 38128-2485

    $2,280,000
    Estimated value
    18,298 sqft 2.83 AC lot
    View details
    2625 Appling Rd
    MEDICAL BUILDING

    2625 Appling Rd, Memphis, TN 38133-5001

    $655,000
    Estimated value
    3,386 sqft 0.44 AC lot
    View details

    Memphis, TN Medical Office Space Market Trends and Statistics

    Explore 72 medical office space for sale in Memphis, TN, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 64,955 square feet of properties for sale, with an estimated market value of $8,140,000.

    Sale prices for medical spaces in Memphis, TN start at $95,000, averaging $1,162,857, and reaching up to $3,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 239
    Office buildings 121
    Medical Office Space 55
    Creative space 11
    Coworking space 10

    Demographics Overview

    Population 718K
    Population Growth (5Y) -3.1%
    Median Household Income $61,271
    College Educated 18.4%

    High-Yield Neighborhoods for Investment

    Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Memphis $497.5K
    Cordova $795K

    Taxes & Financing

    Tax Rate (average for all types) 5.80%
    Property Tax per SF $85.96 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shelby County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Shelby County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Medical Office Space for Sale Near Memphis, TN

    Popular Searches in Memphis, TN

    Popular Categories

    Most Searched ZIP Codes in Memphis, TN

    • 38134
    • 38138
    • 38016
    • 38103
    • 38104
    • 38111
    • 38117
    • 38127

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!