Downtown Office Building FOR SALE 254 Court Ave, Memphis TN
Cutler Property Group, the owner, is pleased to offer FOR SALE its historic CRANE CO. Building of Memphis. Built in 1904, The CRANE CO. Building of Memphis was the first reinforced fire-proof building in the Mid-South. This six-story 53,800 square foot office building was recently completely renovated into Class “A” offices providing individual offices and suites to professionals and businesses. The building fully meets all current building & fire codes and is ADA compliant. The upgraded systems include: 100% fire sprinkler coverage, fire detection & alarm monitoring, comprehensive security alarm coverage, exterior/interior HD cameras with remote viewing, Cat 5 wiring and building-wide WiFi. The building benefits from fiber service from both AT&T and Comcast. In 2023 a new HVAC central controller with new individual unit controllers were installed for improved comfort and energy efficiency.
This offering comes with an adjacent private gated 43 car parking lot. Land Area – 2 parcels 1 - Building 12,919 sf 2 - Parking 18,042 sf Total 30,961 sf Located outside 100-year flood zone.