901-503-5917
354 Abel, Memphis, TN for Sale
Commercial LAND - FOR SALE
1/2
17,293 SF


HIGHLIGHTS

  • Corner Lot
  • 10 additional acres can be assembled
  • Proximity to Sports & Entertainment

OVERVIEW

Corner lot along the Vance Ave. Corridor- which spans east-west throughout the CBID. Stone's throw from the brand new 40,000 SF Wiseacre Brewery and Taproom. Additional surrounding parcels (separately owned) available for larger site assemblage. Steps away from Sports & Entertainment (FedEx Forum and Beale Street), Arts & Culture (South Main District/Orpheum Theatre). Located in Qualified Opportunity Zone and New Markets Tax Credit Census Tract. From FedEx Logistics' new corporate headquarters to Wiseacre Brewery's new brewery and taproom, to nearby multi-family development projects. This territory represents one of the last remaining sections of Downtown Memphis awaiting additional investment and development. Additional nearby parcels (separately-owned) are available for larger site assemblage. Walking distance to FedEx Forum where the Memphis Grizzlies/U of M Tigers play, as well as concerts and national performances on a regular basis. Beale Street is due north where bars, restaurants, and live entertainment can be enjoyed seven days a week. Nearby hotels include the recently opened Central Station Hotel, the Arrive Hotel, Westin Beale Street, and the new Hyatt Centric Beale Street. Don't miss this great opportunity to get in the game!!! Prime opportunity for an owner/user, investor, or developer. Situated along major east-west artery into Downtown Memphis' South End, where sports, entertainment/nightlife, arts/culture, hotel amenities, and dining are all within a short walk. Motivated seller. Ready, willing, and able to make a reasonable deal. https://www.highgroundnews.com/cities/SouthCity.aspx https://www.brewbound.com/news/wiseacre-brewings-new-40000-sq-ft-brewery-taproom-in-downtown-memphis/ https://newsroom.fedex.com/newsroom/fedex-logistics-to-move-global-headquarters-to-downtown-memphis/ https://memphiscdcouncil.blogs.com/files/udc_presentation-4-23-09pizzawithplanners.pdf

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Downtown South CBID Corner Lot

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.4 AC

LAND SF

17,293 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Residential

APN/PARCEL ID

00-5022-0-0001C

ASK ABOUT THIS PROPERTY

Darrell CobbinsUniversal Commercial Real EstateMore Info
901-503-5917

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Darrell CobbinsUniversal Commercial Real EstateMore Info
901-503-5917

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