40 S Idlewild St - Office FOR SALE


Memphis, TN 38104- Midtown Memphis
$399,000 USD
901-262-2055
40 S Idlewild St, Memphis, TN for Sale
$399,000 USD
Office - FOR SALE
1/13
null | Request Cap Rate

40 S Idlewild St
Memphis, TN 38104
Midtown Memphis


HIGHLIGHTS

  • Rear Dedicated Parking Lot
  • Walkable Area Amenities
  • Recent Updates

OVERVIEW

Crye-Leike Commercial is pleased to present 40 S. Idlewild Avenue, a distinctive freestanding office property in the heart of Midtown Memphis. Offering approximately 3,381 square feet, this unique property combines the charm and architectural character of historic Midtown with the functionality of a professional office environment. Originally constructed in 1912 and subsequently renovated for office use, the building offers a refreshing alternative to the traditional office setting. From its welcoming covered front porch and classic architectural details to its impressive dedicated rear parking lot, 40 S. Idlewild provides a professional setting with genuine personality. The property is well suited for an owner-user, professional services firm, creative office, boutique business, or investor seeking a recognizable address in one of Memphis' most established urban neighborhoods. The location offers excellent connectivity to Downtown Memphis, the Medical District, Overton Square, Cooper-Young and the greater Midtown area, while benefiting from the walkability, mature neighborhoods and distinctive character that continue to make Midtown one of Memphis' most desirable places to work and do business. For a business looking for more than a conventional office building, 40 S. Idlewild offers a rare combination of character, convenience, visibility and location. Property Highlights Approximately 3,381 SF freestanding office building Approximately 0.22 acres Historic Midtown property originally constructed in 1912 Renovated for professional office use Attractive architectural character and covered front porch Impressive dedicated rear parking lot Established Midtown Memphis location Excellent opportunity for an owner-user or investor Convenient access to Downtown, Medical District, Overton Square and Cooper-Young Located within a walkable, established urban neighborhood Distinctive alternative to a traditional office environment Presented by Crye-Leike Commercial — Trusted Advisors. Exceptional Results.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Midtown Office with Private Parking

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,540 SF

ZONING

RU-4

APN/PARCEL ID

01-7047-0-0020

ASK ABOUT THIS PROPERTY

Eric FuhrmanCrye-Leike CommercialMore Info
901-262-2055

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

Eric FuhrmanCrye-Leike CommercialMore Info
901-262-2055

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