Sunday, January 3, 2016

312 Monroe Ave Memphis TN

I have feature this property before but lately my obsession with converting a factory to a funky massive loft home has been strong…Three things I want to do before I die…convert a warehouse/factory into a livable loft space, convert a church to a home and renovate a shasta trailer…

312 Monroe Avenue MEMPHIS TN USA
Sale Price: $269,000
Building Size (RSF): 8,609 SF

Former (originally) Packard/Studebaker Dealership from 1923 This price is firm as 6 months AFTER closing the seller/owner will give possession and vacate property in empty, broom swept condition otherwise AS IS, existing condition. .22 acre (65' X 149') Lot #6 of Murphy & Elder Subdivision 2 Grade Level Doors, Automotive Frame Machine (For Sale separate from this Real Estate @ $25K) Automitve Pit and Retail Showroom in "Shell" condition Brick/Metal "I"beam/Wood construction Taxes approx. $4050.00/yr Insurance approx. $1,000 to $2,500/yr commercial real estate memphis
former Packard/Studebaker dealership from 1923

Lot #6 of Murphy & Elder Subdivision, .22 acre (65' X 149')

2 Grade level Doors, Brick/Steel "I" beam/Wood Construction, Automotive Frame Machine (for Sale separate from this Real Estate @ $25K) Automotive Pit, rear Metal Windows and front Retail/Office/Showroom w/ origial Tile Floors

Taxes approx. $4050/yr

Insurance approx. $1,000 to $2,500/yr

located just East of Memphis RedBirds Stadium

commercial real estate memphis

Additional Details
Nearest MSA: Nearest MSA Memphis
County: County Shelby
Tax ID/APN: Tax ID/APN 5/1/23
Zoning: Zoning CBD
Market Type: Market Type Large
Retail Clientele: Retail Clientele General, Family, Business, Tourist, Recreation, Convention
Property Located Between: Property Located Between 4th & Danny Thomas Blvd
Side of Street: Side of Street North
Road Type: Road Type Highway
Property Visibility: Property Visibility Excellent
Largest Nearby Street: Largest Nearby Street Monroe Avenue
Feet of Frontage: Feet of Frontage 65
Transportation: Transportation Bus, Highway, Airport
Highway Access: Highway Access I-55, I-240, I-40 and future I-69
Site Description: Site Description Sports and Entertainment District
Area Description: Area Description "Downtown"
Total Number of Buildings: Total Number of Buildings 1
Number of Stories: Number of Stories 1
Typical SF / Floor: Typical SF / Floor 8,609 SF
Property Condition: Property Condition Fair
Year Built: Year Built 1923
Roof Type: Roof Type Flat
Construction/Siding: Construction/Siding Brick
Exterior Description: Exterior Description Brick
Total Parking Spaces: Total Parking Spaces 10
Parking Type: Parking Type Surface
Parking Description: Parking Description front on street and inside
Heat Type: Heat Type Gas
Heat Source: Heat Source Other
Air Conditioning: Air Conditioning Other
Internet Access: Internet Access Cable, DSL, ISDN, Satellite, T1/T3, Gigabit, Dialup, Other
Interior Description: Interior Description "Shell" ready for redevelopment of continued Automotive use/repair
Zoning Description: Zoning Description CBD
Lot Frontage (Feet): Lot Frontage (Feet) 65
Lot Depth: Lot Depth 149
Easements Description: Easements Description rear "Floyd" Alley
Land Ownership: Land Ownership Fee Simple

Legal Description: Legal Description Lot #6 of Murphy & Elder Subdivision

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