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254 Court Ave
Memphis, TN 38103 Downtown Memphis

Price Upon Request

Loft Creative Space For Sale  •  53,736 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 53,736 SF
  • Lot Size 0.75 AC
  • Building Class B
  • Year Built 1904
  • Tenancy Multiple
  • Zoning CBD
50 Transit Score
80 Walk Score

Highlights

Unique opportunity to acquire a premium performing downtown office building.  
Ideal Investor, Owner-User Purchase, or 1031 Exchange.
Fully Renovated - 90% Occupancy - Majority Attorney Tenants - Private Gated Parking - Zero Trust Access Security
5 mins easy access to Interstate I-40 & I-240, 12 mins to MEM International Airport, 20 mins to East Memphis.
Property management and revenue guarantee option.
75% Finanacing at 5.75% available

Major Tenants

Tenant SF Occupied Lease End Date
Ahmad Zaffarese LLC
Eskridge & Eskridge Law Firm, PC
Fargarson & Brooke
Gulley Law Firm
Rainwater, Holt & Sexton
Reaves Law Firm, PLLC

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley)) 3 min - 1.5 mi
AirportDriveWalkDistance
Memphis International 16 min - 9.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes