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Property Attributes
- MLS#10171296
- TypeCommercial
- CountySHELBY
- CityMemphis
- AreaRaleigh - Southeast
- NeighborhoodSTONEHENGE OFFICE PARK
- Zip38128
- StyleOffice Condo
- Year Built1985
- Taxes$ 18904
- Price$ 850,000
- Bedrooms0
- Full Bathrooms18
- Half Bathrooms0
- Sqr Footage24860
Data Source:
Memphis MLS (MAAR)
Property Description
Fantastic investment opportunity to own an office building in Memphis next to Methodist Hospital North. Almost 25,000 sqft of rental space with a annual rental income of approximately $174,000. Well maintained office building with 14 tenants under lease. Offices are single story with outside entrances. Originally setup as a medical building. There are second floor units. Roof is 3 years old. Good parking.
Price History | |
---|---|
4/30/2024 | Listed $850,000 |
General Features
Roof | Composition Shingles |
---|---|
Zoning | Comm |
Status | Active |
Legal Subdivision Name | STONEHENGE OFFICE PARK |
Stories | 1.2 |
Class | Commercial/Industrial |
Type | Office |
Area | 733B |
Road Frontage | City Street |
Miscellaneous | Compressor(s),Fixtures,Security System |
Status | Active |
Area | Raleigh - Southeast |
Service Type | Full Service Listing |
Year Built | 1985 |
City | Memphis |
TYPE USAGE | Office Condo |
Interior Features
Hot Water | Public Sewer,Public Water |
---|---|
Floors | Partial Carpet |
Heating | Central,Individual Systems |
COOLING SYSTEM | Central Cooling,Individual Cooling |
Offices | 18 |
Restrooms | 18 |
Exterior Features
Foundation | Slab |
---|---|
Number of Buildings | 1 |
Lot Size | 1.752 AC 179.8 X 285.0 IRR |
Parking Facility | 31-75 Spaces,Asphalt/Blacktop |
Road Frontage (ft) | 162 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool