Historic "Fowlkes-Boyle House" Office Building

Office for Sale
Catylist Listing ID: 30003717
Property Subtypes: Office Building
Building Size (RSF): 5,559 SF
Gross Building Area: See Agent
Gross Land Area: 0.15 Acres
Sale Price: $589,000
Unit Price: $105.95 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/18/2018

Overview / Comments

CRYE-LEIKE COMMERCIAL is pleased to present an office building known as the historic "Fowlkes-Boyle House". This handsome Italianate Victorian townhouse was built in the 1850s by Sterling Fowlkes. It is painted brick with brick quoins emphasizing the corners. Limestone belt courses indicate the first and second floors. The cornice is supported by large paired stone brackets. The structure has two stories, an attic and a basement an is presently used and perfectly suited for a law office. Private parking in the rear features 13 parking spaces.

Upon entering the front door guests are greeted by a beautiful open staircase with carved wooden banisters and spindles. To the immediate right is a conference room and to the immediate left a lobby. The main level also features several offices, the largest of which includes its own private restroom. The upper level is a combination of large and medium-sized private offices. The lower (basement) level is primarily used for storage and features a walk-out exit to the rear parking lot.

Additional Details

Nearest MSA: Memphis
County: Shelby
Property Located Between: 3rd and 4th
Property Visibility: Excellent
Area Description: The property is located on the north side of Adams Ave between 3rd Ave and 4th Ave in the heart of Memphis' legal district. All courts and the criminal justice complex are within walking distance.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1850
Roof Type: Hip
Total Parking Spaces: 13

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,903 84,091 176,724
Median Age: 33.24 36.4 35.55
Households: 5,982 36,927 72,519
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