18 N 2Nd St Memphis, TN 38103

This exceptional mixed-use investment property, located in the heart of Downtown Memphis, Tennessee, presents a compelling redevelopment opportunity. The property comprises two historic buildings, totaling 87,570 square feet on a 0.252-acre lot. Built in 1892 and 1965, these Class A buildings boast a prime location, neighboring First Horizon Bank's corporate headquarters and within walking distance of AutoZone Park, The Peabody Hotel, Court Square Park, Beale Street, and the renovated Tom Lee Park. The buildings, connected on the sixth floor, offer unique architectural features. The 18 South Second Street building encompasses 33,078 square feet, including a basement and mezzanine, and features a 4,000 lb. capacity cargo elevator (25-person capacity). The 22 South Second Street building offers 54,492 square feet across seven stories and includes two elevators. Each building features mostly column-free floor plates with individual design. Currently vacant, this property is zoned for high-rise office development and presents an ideal opportunity for an owner-user or investor seeking to revitalize a significant piece of Memphis history. The asking price is $4,500,000, translating to $51.39 per square foot. This is a rare chance to acquire a substantial footprint in one of Memphis's most vibrant and desirable locations. The permitted zoning is Office High-Rise.