Heart of East Memphis!!!

Office for Sale
Catylist Listing ID: 30073092
Property Subtypes: Medical, Office Building, Research & Development
Building Size (RSF): 2,165 SF
Gross Land Area: 0.25 Acres
Sale Price: $399,000
Unit Price: $184.30 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 2,165 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/29/2017

Overview / Comments

Description:
Commercial Office/Retail with 11 offices, reception area, kitchenette, 2 restrooms, 2 HVAC systems and 18 parking spaces. Storage unit in rear parking lot.

Located in the heart of highly desirable East Memphis. Reddoch Cove is right off of heavily trafficked Poplar Avenue and less than 1 mile from I-240. Average daily traffic count on Poplar @ Reddoch is 46,084.

Additional Details

Nearest MSA: Memphis
County: Shelby
Taxing Authority: Shelby County / Memphis
Tax ID/APN: 056038 00015
Zoning: CMU-1
Property Located Between: Poplar @ Reddoch Cove
Property Visibility: Excellent
Highway Access: Easily accessibility to I-240
Area Description: Highly desirable East Memphis
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,165 SF
Year Built: 1954
Year Renovated: 2016
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 18
Interior Description: Beautiful hardwood floors, freshly painted, large offices.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: ABC FAMILY HOLDINGS LLC
Legal Description: Parcel ID: 056038 00015 Property Address: 993 REDDOCH CV Municipal Jurisdiction: MEMPHIS Neighborhood Number: 00717C58 Tax Map Page: 153I Acres: 0.2490

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,125 99,483 279,890
Median Age: 40.42 37.39 34.77
Households: 4,097 41,058 110,033

Contact

Photograph of Listing Agent

Jeff Waddell

Crye-Leike
© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.