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  • 0.56 ACRES
  • - Commercial For Sale

Listed By

Joshua Spotts

6525 Quail Hollow Road

Memphis, TN 38120

Cell : (901) 361-4211

Office: (901) 756-8900

josh@joshuaspotts.com

Hi, I'm the listing agent for this property. Contact me if you have any questions about it.

Description for 690 Adams Ave MLS# 10093772

Exquisite James Lee House in the historic Victorian Village, adjacent Downtown Memphis, Memphis Medical District, and thriving Edge District. This stunning property, rich with Memphis History, operates as a luxury boutique Bed & Breakfast with glowing accolades from around the globe. The property has been fully renovated and modernized using the highest caliber craftsmanship and materials. Please see YouTube video for a comprehensive virtual tour.

General Features

  • Property For
    Sale
  • Listing Type
    Commercial
  • Style
    Commercial
  • Number of Stories
    4
  • Year Built
    1848
  • County
    Shelby
  • Subdivision
    Victorian Village
  • Approx. Lot Size
    143.67 X 243.93 IRR
  • Approx. Acreage*
    0.56
  • Price
    $2,500,000

Additional Details

Construction
Brick,Excellent Condition,Remodeled
Foundation
Conventional/Crawl Space,Partial Basement
Location
Corner,Free Standing,City,Other (See REMARKS)
Miscellaneous
Fixtures,Furniture,License Included,Rest Rooms,220 Volt Power,Inventory Included,Recreation Facilities,Inside Storage,Living Space Available,Outside Lighting,Historic District
Num Of Buildings
1
Parking Facility
Asphalt/Blacktop,Enclosed,Secured,1-15 Spaces
Tradeor Business Name
The James Lee House
Truck Loading Door Height
No Truck Door
Type Usage
Special Purpose
Annual City Tax
0
Annual County Tax
0
Tenant Pays
Other (See REMARKS)
Average Ceiling Height
11-12.9 Feet
Floors
Hardwood,Tile
Roof
Tile,Other (Call LA)

Lot

Road Frontage
City Street
Zoning
Hotel
Cooling System
Central Cooling,220 Wiring,Individual Cooling
Heating System
Central,Individual Systems,House System
Hot Water
House System,Public Water,Public Sewer

Listed By

Joshua Spotts

6525 Quail Hollow Road

Memphis, TN 38120

Cell : (901) 361-4211

Office: (901) 756-8900

josh@joshuaspotts.com

Hi, I'm the listing agent for this property. Contact me if you have any questions about it.


 

Market Research


 

Memphis Commercial Values

Average List Price:
$662,890
Average Sold Price:
$191,400
Average Price per SQFT:
$56
Average Days on Market:
355
Number of Properties for Sale:
44,377
Vs.

This Property

List Price:
$2,500,000
Approx. Price per SQFT:
N/A
Days on Website:
55 (Feb 23, 2021)

Pricing Considerations

List Price:
$2,500,000
Tenant Pays:
Other(SeeREMARKS)

Listed By

Joshua Spotts

6525 Quail Hollow Road

Memphis, TN 38120

Cell : (901) 361-4211

Office: (901) 756-8900

josh@joshuaspotts.com

Hi, I'm the listing agent for this property. Contact me if you have any questions about it.