Available Projects

Investment Opportunities

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Thumbnail Project Zone Address Type Description Contact info
Tillman Cove Binghampton & Poplar Corridor 2998 Tillman Cove
Memphis, Tennessee 38112
Mixed Use , New Construction, Redevelopment, Residential Affordable, Residential Market Value, Residential Mixed, Residential Multi family

A major opportunity for accomplished and experienced housing developers to undertake mixed-use or residential development in the Binghampton neighborhood on an 8.11-acre site commonly known as Tillman Cove. More information can be found in the attached RFQ documents.

Verna Hawkins-Lambert
City of Memphis: Housing & Community Development
901.636.7356
[email protected]
Historic Melrose High School Orange Mound & Fairgrounds 843 Dallas Street
Memphis, Tennessee 38114
Redevelopment, Residential Mixed

The City of Memphis is in the process of revitalizing this National Historic Landmark using the Accelerate Memphis Bond allocation. The completed space will offer a library, cafe and genealogy center on the bottom floors with senior apartments on the upper floors. Project completion is slated for the end of 2023.

Shirley Ford
City of Memphis Finance
901.636.6657
[email protected]
Fairgrounds Orange Mound & Fairgrounds 2499 Central Ave
Memphis, Tennessee 38104
Commercial, Mixed Use , Retail

The City is seeking qualified developers to transform the 18 acres of City-owned land in a manner consistent with the City’s vision for the Fairgrounds as a unique destination of family entertainment, sports, retail, and mixed-use development that evidence a thriving and creative community for tourists and residents alike. This mixed-use private development will be coordinated with the City’s plan to construct a new 22-acre Youth Sports and Events Complex, which is being designed to capitalize on the fastest- growing sector in the tourism market: youth and amateur sports.

Michael A. Comparato
Fairgrounds Partners
317.201.8341
[email protected]
Pinch District Downtown & Medical District 111 Shadyac Ave
Memphis, Tennessee 38103
Commercial, Mixed Use , New Construction, Office , Redevelopment, Residential Affordable, Residential Market Value, Residential Mixed, Residential Multi family, Retail

The American Lebanese Syrian Associated Charities (ALSAC), the fundraising and awareness organization for St. Jude Children’s Research Hospital, seeks proposals from qualified developers interested in collaborating with ALSAC to create a mixed-use development on a 2-acre site in downtown Memphis, located in the Pinch District, adjacent to St. Jude Children’s Research Hospital. ALSAC owns several properties in the Pinch District, and is interested in advancing the development and revitalization of the area, creating opportunities for the growing number of employees, patients and families, and visitors to live, work and play in and around the campus.

Nicole Buchholz
American Lebanese Syrian Associated Charities (ALSAC)
800-877-5833
[email protected]
Crosstown Mound Downtown & Medical District 1234-1184 Overton Park Ave
Memphis, Tennessee 38104
Commercial, New Construction, Redevelopment, Residential Mixed, Tourism related

The City wishes to invigorate the Crosstown Mound through a mix of public and private investment. The City has designated approximately eight-acres mixed-use private development (Private Development Opportunity -PDO). City is seeking qualified developers to transform the PDO in a manner consistent with the City’s vision for growth: a walkable neighborhood consisting of mix of single-unit and multi-nit housing, including attached, semi-attached, and detached. The neighborhood may addiitonally consisy of mixed-use housing between 1-3 stories that encourages business to occupy the first floor on the corners of the development with access to intersections.

City of Memphis Real Estate Dept
City of Memphis Real Estate Dept
901.636.6673
[email protected]
Dermon Building Downtown & Medical District 46 N B.B. King Blvd
Memphis, Tennessee 38103
Commercial

A historic 10-story, 100,000 sq. ft. commercial building, built circa 1925. Located just a block away from both Court Square Park and Autozone Park, and located adjacent to the newly-completed Hotel Indigo, and the under-construction Aloft Hotel.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
[email protected]
Sterick Building Downtown & Medical District 9 N. B.B. King Blvd.
Memphis, Tennessee 38103
Commercial

A prominent gothic-revival skyscraper, once known as the “Queen of the South.” Built in 1928, this 29-story building contains 350,000 sq. ft. of space, and was the tallest building in Tennessee until 1957. Located adjacent to Autozone Park, the First Horizon tower, and less than half a mile from Beale Street.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
[email protected]
Pinch District Downtown & Medical District 380-396 N Main St
Memphis, Tennessee 38103
Commercial

A 12-block historic district on the North end of Downtown. Located between the St Jude campus, Bass Pro Shops at the Memphis Pyramid, and the Cook Convention Center, the pinch contains many vacant lots and historic buildings that are ripe with redevelopment potential.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
[email protected]
Commercial Appeal building Downtown & Medical District 495 Union Ave.
Memphis, Tennessee 38103
Commercial

The former home of the Commercial Appeal newspaper, encompassing a 128,672 sq. ft. office building, and a 147,904 sq. ft. warehouse. The building is located on a 6.5 acre lot, and is right across the street from the Edge District, and the planned Ravine linear park. The property is also just a few blocks to the East of the planned Union Row development.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
[email protected]
Memphis Cycle & Supply Co. building Downtown & Medical District 421 Monroe Ave.
Memphis, Tennessee 38103
Commercial

An ornate warehouse building built circa 1917, with 29,000 sq. ft. of space. Located next to the new Leo Events headquarters, and across the street from the redeveloped Wonderbread factory site, which includes the new Orion FCU headquarters, as well as 286 apartments, and a 480 space public garage.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
[email protected]
Chelsea Ave. church North Memphis & Uptown 299 Chelsea Ave.
Memphis, Tennessee 38107
Commercial

A vacant church building located on Chelsea Ave, the primary commercial corridor of the Uptown neighborhood. Originally constructed in 1865, this building is among the oldest existing structures in Memphis.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
[email protected]
Heartbreak Hotel Downtown & Medical District 633 Monroe Ave.
Memphis, Tennessee 38103
Commercial

A historic 12,000 sq. ft. commercial building, built circa 1903. The building is located in the heart of the Edge District, near Sun Studios, High Cotton Brewing, the Edge Motor Museum, and the planned Ravine linear park.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
[email protected]
Union Row Downtown & Medical District 247-369 Gayoso Ave
Memphis, Tennessee 38103
Commercial

Phase 1 of this billion dollar project includes 11 acres and a $511 million budget. This transformative project will include approximately 800 apartments and over 100,000 square footage of retail, over 200,000 square footage of office, a hotel and parking. The project fills an undeveloped hole adjacent to the entertainment district and the medical district.

Downtown Memphis Commission
Downtown Memphis Commission
(901) 575-0540
[email protected]
Millington – Barret Oaks Multifamily Millington 7275 Raleigh Millington
Millington, Tennessee 38053
Residential Multi family

This site is zoned and approved for 247 multi-family units on 22 acres of land. Seeking JV or partners to complete the development.

Bob Turner
Southern Properties Real Estate
901-302-8901
[email protected]
Southbrook Anchor Whitehaven 4587-4675 Elvis Presley Boulevard
1190-1232 Shelby Drive
Memphis, Tennessee 38116
Commercial, Office , Redevelopment, Retail

This collection of small and large strip shopping centers consists of commercial buildings and stand-alone businesses in the parking lots. The two large strip shopping centers on Shelby Drive were built in 1968 and 1972. A national grocery retailer built a new store in the same plaza in 2004. In 2018, $3.6 million was invested in the center built in 1972, the Southbrook Town Center. Two of the three small strip centers on Elvis Presley were constructed in the mid to late nineties. The third strip was built in 2016. Collectively, all sites are roughly 27.12 acres and have a building square footage of 316,509.

Melanie Batke
Memphis and Shelby County Division of Planning & Development
901-636-6601
[email protected]
SW TN Community College Development Area – Whitehaven Whitehaven 4211 to 4359 Elvis Presley
Memphis, Tennessee 38116
Commercial, Mixed Use , Office , Redevelopment, Retail

This area contains a multitude of uses including retail, fast food restaurants, office medical, and small strip centers. It is anchored by two major institutions, Southwest TN Community College and Methodist South Hospital. The area consists of commercial buildings, large institutional buildings, and stand-alone businesses. The sites are home to several local and national retailers and are along and adjacent to the heavily traveled Elvis Presley Boulevard. Both Southwest TN and Methodist have received upgrades in 2019. Collectively all sites are roughly 45 acres and have a building square footage of 480,000. There are 3.7 acres of vacant land available for redevelopment and/or infill and three vacant buildings available for reuse.

Melanie Batke
Memphis and Shelby County Division of Planning & Development
901-636-6601
[email protected]
Chelsea & Ayers Development Area North Memphis & Uptown 868 – 910 Chelsea
Memphis, Tennessee 38107
Commercial, New Construction, Redevelopment, Retail

This anchor area contains two retail stores and is in the historic Klondike neighborhood. Collectively all sites are roughly 2 acres and have a building square footage of 7,718. There is 0.33 acre of vacant land available for redevelopment and/or infill and a 1,276-square foot vacant building available for redevelopment.

Melanie Batke
Memphis and Shelby County Division of Planning & Development
901-636-6601
[email protected]
Summer & National Development Area Binghampton & Poplar Corridor 3393 to 3487 Summer Ave
Memphis, Tennessee 38122
Commercial, Mixed Use , Redevelopment, Retail

This area contains a multitude of uses including commercial, retail, and office. The anchor area consists of one large strip center and stand-alone businesses. The sites are home to several local businesses and are along Summer Avenue. Collectively all sites are roughly 6 acres and have a building square footage of 140,414. NOTE – Only the parcels south of Summer Avenue are included in the Opportunity Zone.

Melanie Batke
Memphis and Shelby County Division of Planning & Development
90-636-6601
[email protected]
The CMPLX Orange Mound & Fairgrounds 2234 Lamar Ave
Memphis, Tennessee 38114
Commercial, Mixed Use , Redevelopment, Retail

Completed in January 2020, the first phase of The CMPLX includes two large galleries, offices, a conference room, open studio workspaces and event rental space. The Collective, curators of the The CMPLX, are starting on Phase 2 of the project that will convert some of the used space into art studios and other private suites to be utilized by under-served Memphis creatives. Please visit http://www.thecltv.org/ for more information.

The Collective

615-482-2777
[email protected]
JUICE Orange Mound Business Incubator Orange Mound & Fairgrounds 2363 Park Ave
Memphis, Tennessee 38114
Commercial, Mixed Use , Office , Redevelopment

JUICE Orange Mound is rehabilitating the historic Evensky’s building, a former clothing store that stood for 70 years in the heart of the Orange Mound neighborhood. The incubator will be a space that will give access to office space, meeting rooms and product preparation to budding Orange Mound entrepreneurs, startups and existing businesses. For more information, please visit https://www.juiceorangemound.org/.

Juice Orange Mound

901-300-6621
[email protected]
Klondike-Smokey City Residential Redevelopment North Memphis & Uptown Watkins Street on the east and Bellevue on the west
Vollintine on the north and Jackson Avenue on the south
Memphis, Tennessee 38107
Commercial, Mixed Use , New Construction, Redevelopment, Residential Affordable, Residential Market Value, Residential Mixed, Residential Multi family

Part of a blight remediation and neighborhood improvement plan, the Klondike-Smokey Community Development Corporation recently acquired 150 vacant lots from the Shelby County Land Bank. The parcels are dispersed throughout the neighborhood and are slated for residential as well as commercial redevelopment (where appropriate). The CDC is currently in the planning phase of the development. For more information, please visit http://www.ksccdc.org/.

Klondike-Smokey Community Development Corporation

901-527-9491
[email protected]
Former First Horizon Office Building Downtown & Medical District 300 Court Ave
Memphis, Tennessee 38103
Office , Redevelopment

This former bank operations headquarter space in the Memphis downtown core is available for lease or sale. It includes a 1,000 SF vault and all furniture. The closest 4-lane street is Thomas St (US Highway 51). The Class B office building is 186,525 SF and 7 floors. There are 255 parking spaces on the property.

William Chandler
Chandler and Chandler
901-359-4453
[email protected]
1188 Minna Place Downtown & Medical District 1188 Minna Place
Memphis, Tennessee 38104
Commercial, Office , Redevelopment

The Home Health Agency office building is a 13,500 square foot, 4-story building located in the Annesdale Historical district. The building is located near the intersection of Lamar Avenue and Bellevue Boulevard. The property was last renovated in 2007 and allows for users to access an entire floor and strong visibility from Lamar Ave.

Alex Stringfellow
Colliers
901-375-4800
[email protected]
The Clipper Downtown & Medical District 163 Linden Ave
Memphis, Tennessee 38103
Commercial, Mixed Use , New Construction, Office , Retail

The Clipper is a new-construction office building with 200,000 SF of spec Class A office space, 50,000 SF of ground floor retail and an attached parking structure, just south of the former Gibson Factory building and the FedExForum. The development will be the first large scale office construction project in downtown Memphis since 1997.

Adam Slovis
Slovis Commercial
901-794-9341
[email protected]
Court Square Center Apartments Downtown & Medical District 60 N Main St
Memphis, Tennessee 38103
Mixed Use , Residential Affordable, Residential Market Value, Residential Multi family, Retail

**SOLD**

Court Square Center is a mixed-use apartment, retail and office complex located in the downtown core that includes the 22-story Lincoln American tower, 5-story Lowenstein and Court Square Annex buildings. The property is a combination of three historical landmarks that were refurbished in 2009. There are 75 residential units, 22,800 sq.ft. office and 3,800 sq.ft retail on the property with a 5% vacancy rate.

Adrienne Johnson
Economic Development Growth Engine
901-341-2106
[email protected]
Old Memphis Police Station Downtown & Medical District 128 Adams Ave
Memphis, Tennessee 38103
Commercial, Industrial, Lodging, Mixed Use , Office , Redevelopment, Residential Affordable, Residential Market Value, Residential Mixed, Residential Multi family, Retail

The old Memphis Police headquarters is currently be renovated and is available for sale. Located conveniently in the heart of Downtown Memphis, this building offers 107,000 sq. ft .of space, 5 stories and a basement and was built in 1911. Zoning is CDB (Central Business District) which is a multi-use purpose building, that can be used for Retail, Office, Industrial/Warehouse and/or Apartment. It is in a high traffic location and features street level commercial space. The sale price is $4.8 million.

Jeanette Lin
Pinnacle Realty
901-335-7447
[email protected]
137 Madison Ave Downtown & Medical District 137-143 Madison Ave
Memphis, Tennessee 38103
Commercial, Mixed Use , Office , Redevelopment, Residential Affordable, Residential Market Value, Residential Mixed, Residential Multi family, Retail

137 Madison Ave is a 16,000 sq.ft. building located in the downtown Memphis core at the corner of Madison and 2nd streets. Built in 1910, the building features ground level retail and 3 floors of convertible space that is zoned for mixed uses including office and residential. The retail units are occupied and are earning $5000 per month. Sale price is $1.495 million.

Adrienne Johnson
Economic Development Growth Engine
901-341-2106
[email protected]
272 Court Avenue Mixed-Use Redevelopment Downtown & Medical District 272 Court Avenue
Memphis, Tennessee 38103
Commercial, Lodging, Redevelopment, Residential Multi family, Retail

**Sold in April 2021**
The developer’s goal is to redevelopment the Masonic Temple on Court Ave into a mixed-use space which contains 30-40 residential units, commercial space on 2nd floor, event space and retail on 1st floor, and an underground lounge in the basement.

Lindsey Papillion
Donpap Properties
727-225-1357
[email protected]
South Memphis Retail Store Opportunity South Memphis 1143 Walker Ave
Memphis, Tennessee 38106
Retail

Located at the corner of Walker Avenue and Greenwood St, this 100-year old neighborhood grocery store could serve as a retail anchor to the neighborhood. It is located less than one mile from the Stax Museum of American Soul Music and adjacent to the South Memphis Opportunity Zone.

Amelia Vaughn Johnson
The Vaughn’s
901.661.4515
[email protected]
700 Firestone Ave North Memphis & Uptown 700 Firestone Ave
Memphis, Tennessee 38107
Industrial

A 66,726 SF industrial building is for sale. Price is negotiable. Adjacent to Owens Corning and less than one mile to Highway 51 to the west and two miles to Interstate 40 to the north.

Trip Spear
Belz Realty Company, LLC
901-260-7348
[email protected]
324 E Georgia Ave Downtown & Medical District 324 E Georgia Ave
Memphis, Tennessee 38103
Residential Multi family

A seven unit apartment building with an adjacent 1/2 acre of vacant land is available for sale. The units are currently in a shell condition and is located 2 blocks from the FedExForum. 3525 sf of living space.

Michael McGee
MDM Investments of Memphis
901-314-8496
[email protected]
5190 Navy Road Millington 5190 Navy Road
Millington, Tennessee 38053
Commercial, Office , Retail

A 2,550 sf office or retail space or sale adjacent to the Naval Base in Millington, Tennessee. The existing building sits on 1.2+/- acres with frontage along Navy near Veterans Parkway.

Wazir Valiani
Pinnacle Realty
901-336-7786
[email protected]
704 N 6th St North Memphis & Uptown 704 N 6th St
Memphis, Tennessee 38107
Residential Multi family, Tourism related

Twelve 650 sf apartment units for sale the Uptown neighborhood. Units are garden apartments with upgrades included.

Andy Walker
Crye-Leike Commercial
901-758-5670
[email protected]
Memphis Urban League Training Center Downtown & Medical District 413 N Cleveland St
Memphis, Tennessee 38104
Commercial, Mixed Use , Retail

Unique opportunity near the Crosstown Concourse. This two-story 20,000 sf office building has been occupied by the Memphis Urban League for the past 38 years. The first floor has been renovated for offices and multiple large meeting rooms. The second story has not been built out for recent use, though it is currently a vanilla shell. This location has many development or owner-occupied possibilities.

Scott Lebowitz
Renshaw Company
901-361-6178
[email protected]
Office at Uptown Building North Memphis & Uptown 592-594 N 2nd St
Memphis, Tennessee 38105
Commercial, Mixed Use , Office , Retail

Building was previously used by owner and was home of the popular OFFICE@UPTOWN coffee shop/eatery. Excellent turn key opportunity complete with renovated building, vacant lot, furniture, fixtures, kitchen appliances, kitchen equipment and more! ***Business name and all recipes included!!***Located in a much sought after location in downtown Memphis and just a few steps away from the Pinch District, Bass Pro Shop, and St Jude Children’s Research Hospital. Building size is approximately 3400 sf.

Elaine Muhammad
Phoenix Realty
901-949-2391
[email protected]
3491 S Highway 51 Whitehaven 3491 S Highway 51
Memphis, Tennessee 38116
New Construction, Redevelopment, Tourism related

Vacant land available near Graceland at the corner of Elvis Presley Blvd and Winchester. The site is 4.62 acres, adjacent to a bank, gas station and a hotel with frontage on Elvis Presley.

William Mitchell
Crye Leike Commercial
901-260-5844
[email protected]
W Union At Creek Mill Ct Millington West Union @ Creek Mill Court
Millington, Tennessee 38053
New Construction, Redevelopment

Nice frontage on West Union and additional frontage on Creek Mill Court. 1.65 acres of available land next to the Holiday Inn in Millington.

Mack Browder
Crye Leike Commercial
901-758-5670
[email protected]
Pillow-McIntyre House Downtown & Medical District 707 Adams Ave
Memphis, Tennessee 38105
Commercial, Lodging, Mixed Use , Office , Redevelopment, Tourism related

707 Adams Ave is a historic home built in 1851 containing 7,200 SF of space. It’s part of the Victorian Village National Historic Neighborhood. Exterior renovations have been completed along with a new roof and HVAC system, which are less than 5 years old.

Possible uses include Class A Office Space; Bed and Breakfast; Event Center or a Mixed-Use Space.

Traci Braden
Braden, Braden and Braden
901-881-2070
[email protected]
1296 Madison Ave Downtown & Medical District 1296 Madison Ave
Memphis, Tennessee 38104
New Construction, Redevelopment

Rare opportunity for a multi use commercial lot in midtown directly off Madison Ave and 2 minutes from downtown. Lot is 0.11 acres. Unlimited potential in Overton Square.

Crystal Mitchell
Emmett Baird Realty
901-257-9420
[email protected]
2493 Broad Ave Binghampton & Poplar Corridor 2493 Broad Ave
Memphis, Tennessee 38112
Commercial, Mixed Use , Redevelopment, Residential Multi family, Retail , Tourism related

Potential investment opportunity in the heart of the Broad Avenue Arts District. The 16,246 sf building is located near two high density multi-family developments slated to be completed in 2022 and is 100% leased.

Jeff Sobocinski
McCaskill Realty
901-484-7313
[email protected]
Former Grandma’s Desserts Orange Mound & Fairgrounds 3108 Park Ave
Memphis, Tennessee 38114
Commercial, Retail

This 900 sf commercial kitchen space is located within walking distance of single family homes, student housings, and apartment complexes with rear parking available. The space has visibility along Park Ave and includes commercial kitchen appliances.

CeCe Baker
Crye-Leike Commercial
901-758-5670
[email protected]
1162 Peabody Downtown & Medical District 1162 Peabody Ave
Memphis, Tennessee 38104
New Construction, Residential Affordable, Residential Mixed

Located in an Opportunity Zone! Land sale includes building plans for already-approved 18 unit complex on the 0.28 acre site. Located near historical neighborhoods Annesdale Park and Central Gardens.

Steve Woodyard
Woodyard Realty Corporation
901-767-1998
[email protected]
Holliday’s Downtown & Medical District 16 South Lauderdale
Memphis, Tennessee 38103
Commercial, Industrial, Redevelopment, Retail

Incredible location in the center of the Edge District Redevelopment and the Medical District with visibility and parking on Monroe Avenue.
Over 41,000 total sq ft available in two buildings.
Incredible views of downtown with amazing potential for a rooftop deck.
Located in Medical District Opportunity Zone.
Over .84 acres plus the closed alley within a fenced parking lot.

Andy Walker
Crye Leike Commercial
901-758-5670
[email protected]
2135 Democrat Rd Whitehaven 2315 Democrat
Memphis, Tennessee 38132
Commercial, Mixed Use , Redevelopment, Retail

For sale: A newly refurbished 6100 sf restaurant adjacent to Nonconnah Office Park and airport with a fully equipped kitchen, deck and adjacent Nonconnah Office Park.

Douglas Millar

901-314-4767
[email protected]
611 North Main Downtown & Medical District 611 North Main
Memphis, Tennessee 38103
Industrial, Redevelopment

This renovated and well maintained 2400 sf building is a great opportunity for redevelopment into retail, office, recreational or updated industrial. Can be sold with or without equipment. Near Harbortown, Bass Pro, multiple multiple family developments and St. Jude.

Curtis Braden
Braden, Braden and Braden
901-881-2070
[email protected]
Vance @ Abel Vacant Land Downtown & Medical District Vance Avenue @ Abel Street
Memphis, Tennessee 38103
New Construction, Redevelopment

Prime investment opportunity for an owner/user, investor, or developer. 0.4 acres of vacant land available for sale. The property is situated along major east-west artery into Downtown Memphis’ South End, where sports, entertainment/nightlife, arts/culture, hotel amenities, and dining are all within a short walk. Motivated seller.

Darrell Cobbins
Universal Commercial Real Estate
901-249-9744
[email protected]
1200 North Parkway North Memphis & Uptown 1200 North Parkway
Memphis, Tennessee 38104
Commercial, Office , Retail

This can be converted back to a residential home or used as a commercial building. This property is 2,448 sf with 3 bathrooms and 2 levels plus a partial basement. Renovations are needed to convert back to a residential home. Crown molding and original hardwood floors are included. The site is located in a historic district (Speedway Terrance), minutes from St Jude and Midtown Memphis. Walking distance to the Concourse. 100% leased.

John Cornes
Braden, Braden and Braden Real Estate Brokerage Firm
9018812070
[email protected]
1313 Poplar Ave Downtown & Medical District 1313 Poplar
Memphis, Tennessee 38104
Commercial, New Construction, Redevelopment, Retail

Land for sale. This is an excellent fast food location with heavy traffic counts and abundant parking. There is a billboard on site which produces $700 per month. Site has 160 feet of frontage and is 180 feet deep. Plans to develop apartments adjacent to this site have been announced.

Michael Robison
AckerRobinson
901-262-1284
[email protected]