295 Washington Ave Memphis, TN 38103
- Office buildings
- 10,878 SF
- 0.78 lot acres
Current Use by Public Records
- Robert M. Brannon, Jr. / Attorney
- A Washington Law Firm, PLLC / Personal Injury Attorney
- Pickford Law PLLC / Personal Injury Attorney / Attorney
- The Law Offices of Carlissa A. Shaw, Esquire / Law Firm / Attorney
- Garrett & Thomas, PLLC / Law Firm
Property Details for 295 Washington Ave
- Year built
- 1984
- Lot size
- 0.78 lot acres
- Property size
- 10,878 SF
- Zone code
- CBD
- Property type
- Office buildings
- APN
- 002-032- - -00011-C
- APU
- 00203200011C
Description
This exceptional office property at 295 Washington Avenue in Memphis, Tennessee, offers a unique opportunity for businesses seeking flexible and conveniently located space. The property comprises three buildings totaling 32,634 square feet, situated on a 0.782-acre lot (34,064 square feet). The buildings, constructed in 1984, are a Class D property and feature three stories with elevators for easy access. The property is gated, enhancing security. Multiple suites are available, with a minimum divisible space of 922 square feet and a maximum contiguous space of 11,550 square feet. Currently, there are 18,796 square feet of vacant space ready for immediate occupancy. The property's central downtown Memphis location ensures excellent accessibility for clients and customers. This is an ideal location for businesses seeking a well-maintained, secure, and conveniently located office space in the heart of Memphis. The property is perfect for a variety of businesses, offering a range of sizes to accommodate different needs. The six total suites provide flexibility for both small and large businesses. This is a rare opportunity to secure prime office space in a desirable location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,444,000
- AI Estimate
- $1,285,000
Market price range: $577k - $1.76MMarket price range: $435k - $1.66M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,105,000 Current use
- MEDICAL BUILDING
- $1,555,000 Change: +41% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,055,000 Change: -5% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $970,000 Change: -13% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.045
- Latitude
- 35.1472
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA