214-918-3260
2493 Broad Ave, Memphis, TN for Sale
Warehouse - FOR SALE
1/14
null | Request Cap Rate

2493 Broad Ave
Memphis, TN 38112
Binghampton


HIGHLIGHTS

  • Prime Memphis Retail Conversion — 16,246 SF on Broad Ave. in Rapidly Redeveloping Arts District
  • Flexible configuration: can be divided into 1–3 suites to maximize marketability
  • Surrounded by new urban development including apartments, restaurants, and retail.
  • Highly walkable corridor with new bike lanes and streetscape improvements
  • Located within federally designated Opportunity Zone (OZ), offering capital gains tax deferral/reduction and tax-free appreciation

OVERVIEW

To access due diligence, visit https://bracketre.com/listing/e66c5854-5255-4e46-bc9a-70d73003304e or www.Bracketre.com Positioned in the heart of the Broad Avenue Arts & Retail District, 2493 Broad Ave presents a rare opportunity to capitalize on one of Memphis’ most dynamic redevelopment corridors. Originally operated as an industrial warehouse, the property has undergone a strategic transformation toward modern retail use, aligned with the neighborhood’s evolution into a walkable, creative, and amenity-driven destination. The 16,246 SF building sits directly across from a major new multifamily development, and is surrounded by restaurants, boutique retail, creative studios, and new urban residential projects — benefitting from strong foot traffic, bike lanes, and ongoing public investment along Broad Avenue. A new $70,000 front patio installation and planned storefront window conversions position the asset for restaurants, breweries, entertainment concepts, and showroom or maker-retail tenants. With multiple natural demising points, the property can be re-imagined as one, two, or three retail suites to maximize lease-up velocity and exit optionality. To access due diligence, visit https://bracketre.com/listing/e66c5854-5255-4e46-bc9a-70d73003304e or www.Bracketre.com

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

UTILITIES

Gas

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.65

LAND SF

28,314

ZONING

CMU

APN/PARCEL ID

03-3018-0-0020

ASK ABOUT THIS PROPERTY

Brandon ColomboBracket Real Estate, Inc.More Info
214-918-3260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brandon ColomboBracket Real Estate, Inc.More Info
214-918-3260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.