242 Poplar Ave Memphis, TN 38103
This exceptional two-story, traditional office building at 240-242 Poplar Ave. offers three available suites, perfect for small businesses or professionals. Each suite ranges from 100 to 150 square feet and boasts the unique character of exposed, original brick walls. The building's prime downtown Memphis location places it directly across from 201 Poplar and in close proximity to the courthouses, making it an ideal location for legal professionals. The property provides convenient access to ample parking with 35 designated, secured spaces for tenants. Further enhancing the convenience, a reception service is available on-site. This historic building offers a blend of old-world charm and modern practicality, with monthly rental rates starting at $400. The building is situated in Shelby County and conveniently located near N. B. B. King Blvd. This is a rare opportunity to secure a prestigious address in the heart of Memphis' vibrant downtown area. The multiple tenancy structure allows for flexibility and a thriving professional environment. Don't miss this chance to establish your business in this desirable location.
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Tawanda Williams Law Office Law Firm
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Fite Ellen E Law Firm
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Jim Hale Law Law Firm
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Tolley Randall B Law Firm
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Patricia A Woods Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.