657 Chelsea Ave Memphis, TN 38107

This exceptional 13,000 square foot storefront property, located at 657 Chelsea Avenue in Memphis, Tennessee, presents a compelling investment opportunity. Built in 1956, this Class C retail space sits on a 1.05-acre lot and benefits from CH-Mixed use zoning, offering considerable flexibility for future development. The single-tenant building is ideally situated for optimal business exposure, boasting high visibility and convenient access. A key advantage is its proximity to significant developments, including the ongoing downtown revitalization and the substantial $3 billion St. Jude Hospital expansion project, promising increased foot traffic and potential for strong rental income. Furthermore, the property's location is less than half a mile from Interstate 40, ensuring easy accessibility for customers and employees. Security features include a private gate, enhancing the safety and peace of mind for both tenants and owners. This property represents a rare chance to acquire a well-positioned, sizable retail space in a rapidly growing area of Memphis, offering significant potential for long-term appreciation and strong returns on investment. The asking price is $500,000.