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2575 Yale Ave, Memphis, TN 38112

$550,000

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Listing Courtesy of: Exp Realty, Llc - 888-519-5113

Description for 2575 Yale Ave

MLS# 10138012

Incredible opportunity to own a piece of history and to create something new! This building has amazing character and potential for many uses. It would be ideal for possible use as an Office Building, Group Home, AirB&B, Daycare, Learning Center, Charter School, Restaurant, Community Center, or converted to residential. Convenient location in an area that is seeing major transformation and growth. Endless Possibilities!

General Features Property for Sale

  • Price
    $550,000
  • Listing Type
    Commercial
  • MLS#
    10138012
  • Style
    Commercial
  • Number of Stories
    2
  • Year Built
    1925
  • Parking
    Garage
  • County
    Shelby
  • Subdivision
    Merchant Hgts
  • Approx. Lot Size
    .35 acres
  • Approx. Acreage*
    0.35

Additional Details

General

Foundation : Partial Basement, Unfinished Basement
Improved Sq Ft : 3600
Leaseable Sq Ft : 3600
Num Of Buildings : 1
Numof Restrooms : 2
Parking Facility : Asphalt/Blacktop, Attached
Truck Loading Door Height : No Truck Door
Type Usage : Office, Medical, Franchise, Special Purpose, Other (see Remarks)

Financial

Annual City Tax : $0
Annual County Tax : $0
Tenant Pays : Other (see Remarks)

Interior

Average Ceiling Height : 8-10.9 Feet
Floors : Hardwood, Vinyl, Other Flooring

Exterior

Construction : Brick/Veneer
Roof : Other (call La)

Lot

Location : Corner, Free Standing, City
Road Frontage : City Street

Equipment

Cooling System : Central Cooling
Heating System : Central
Hot Water : Public Water, Public Sewer

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Market Research

This Property

  • $550,000

    List Price

  • 74

    Days on Website (Nov 21, 2022)

Memphis Commercial Values

  • $539,069

    Average List Price

  • 312

    Average Days on Market

  • $407,691

    Average Sold Price

  • 18,769

    Number of Properties for Sale

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Listing Courtesy of: Exp Realty, Llc - 888-519-5113
Copyright © 2023 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
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