270-769-0284
645 E Georgia Ave, Memphis, TN for Sale
Bar - FOR SALE
1/5
null | Request Cap Rate

645 E Georgia Ave
Memphis, TN 38126
South City


HIGHLIGHTS

  • CONCERT HALL, EVENT CENTER , NIGHT CLUB, RESTAURANT , ENTERTAINMENT CENTER, SKATING RINK

OVERVIEW

• Iconic 42,000 +/- Square Foot Former Club Paradise • Entertainment and Event Venue with Deep Cultural and Musical Heritage. • Expansive 3.54-Acre +/- Site with Ample Surface Parking • Zoned CMU-1, Allowing Flexible Commercial and Mixed-Use • Strategically Located Within 2 Mile of Downtown Memphis and the Entertainment District. • Positioned in the Heart of the South City Redevelopment Corridor with Active Investment Momentum. • Reported Recent Improvements Including Access Enhancements, Lighting, and Signage Upgrades and Roof. • Well-Suited for Adaptive Reuse or Continue as Club and Event Venue • Located Within a Federal Opportunity Zone, Offering Potential Tax Incentives. • Prominent Street Frontage with Excellent Visibility along East Georgia Avenue.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.53 AC

LAND SF

153,767 SF

ZONING

CMU-1

APN/PARCEL ID

01-1020-0-0006

ASK ABOUT THIS PROPERTY

Edward DurnilTranzon Asset AdvisorsMore Info
270-769-0284

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Edward DurnilTranzon Asset AdvisorsMore Info
270-769-0284

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