2491-2531 Matthews Ave.

Industrial for Sale
Catylist Listing ID: 30181837
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 108,353 SF
Gross Building Area: See Agent
Gross Land Area: 8.02 Acres
Sale Price: $399,000
Unit Price: $3.68 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 2/8/2018

Overview / Comments

Large industrial buildings (2) for multi-tenant use. Dock doors, high ceilings, and property is enclosed with an electrical fence for added security.

Attachments & Media

Additional Details

Nearest MSA: Memphis
County: Shelby
Taxing Authority: Shelby County / Memphis
Tax ID/APN: 042053 00006C
Zoning: EMP
Area Description: Hyde Park is located on the north side of Memphis, Tennessee, starting around the intersection of Hyde Park St. and Chelsea Ave. Hyde Park lies near the Hollywood community and borders another North Memphis neighborhood known as Douglass. Hyde Park is known for its long strip down Hollywood Street that is often a lively meeting place. Almost all commercial businesses in the area are located on Hollywood Street or Chelsea Avenue.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Fair
Year Built: 1957
Roof Type: Flat
Parking Type: Surface
Zoning Description: EMP
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel ID: 042053 00006C Lot Dimensions: 104.44/64.2X182.75/188.43

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,977 110,692 282,540
Median Age: 36.48 34.78 34.39
Households: 3,955 44,885 113,431


Photograph of Listing Agent

Jeff Waddell

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