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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

294 Cleveland St Memphis, TN 38104

5,895 SF
Property ID
Property summary
AI-generated overview

This exceptional retail property at 294 N Cleveland offers a unique opportunity for businesses seeking flexible space in a vibrant location. The entire 5,895 square foot building is currently vacant and available for lease, presenting a blank canvas for your vision. The space is adaptable to a variety of uses, accommodating tenants requiring anywhere from 1,000 to 4,895 contiguous square feet. This allows for both smaller businesses seeking a manageable footprint and larger enterprises needing more expansive areas. The property's classification as both retail and commercial, with a bar subtype, suggests a versatile environment suitable for a range of businesses. The multiple tenancy option allows for the possibility of dividing the space to accommodate several tenants, creating a synergistic environment. The building's size and layout provide ample opportunity for customization and creative design to meet the specific needs of the tenant(s). This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,895 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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