- For Sale $875,000
- Property Type Office
- Property Size 9,239 SF
- Lot Size 0.42 Acre
- Parking Spaces Avail. 10
- Parking Ratio 1.08 / 1,000 SF
- Date Updated Jun 4, 2025
Seize this rare investment or development opportunity in the heart of downtown Memphis, just steps from the bustling court district and surrounded by rapid real estate development in an Opportunity Zone!
This 9,239 SF property sits on 0.418 acres and features three income-generating buildings, making it an ideal asset for legal offices, professional services, retail, or redevelopment potential.
With private parking of at least 10 spaces, a highly sought-after amenity in downtown, this property offers convenience and accessibility for tenants and clients alike. Whether you’re an investor looking for a turnkey income-producing asset or a visionary developer ready to capitalize on downtown’s growth, this property is a prime addition to any portfolio.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
76/100
Very Walkable
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Transit Score ®
54/100
Good Transit
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Bike Score ®
82/100
Very Bikeable
- City Memphis, TN
- Neighborhood Uptown Memphis
- Zip Code 38103
- Market Memphis
Points of Interest
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Civic Center Plaza
0.28 miles
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Convention Center
0.30 miles
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Jefferson
0.35 miles
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Third Street
0.38 miles
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North Court
0.39 miles
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South Court
0.43 miles
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Overton
0.43 miles
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Danny Thomas
0.45 miles
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Pyramid
0.47 miles
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Madison
0.47 miles
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Valero
0.70 miles
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BP
1.74 miles
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Exxon
1.75 miles
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Mobil
1.78 miles
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Citgo
1.80 miles
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Kroger
1.90 miles
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ChargePoint
8.94 miles
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First United Methodist Church
0.18 miles
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One Memphis Place Garage
0.22 miles
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100 North Main Parking Garage
0.29 miles
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City Hall Garage
0.35 miles
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Comfort Inn Downtown
0.37 miles
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Mud Island Parking
0.38 miles
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Toyota Center Parking Garage
0.42 miles
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Metropolis
0.43 miles
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St. Jude Parking Garage 1
0.45 miles
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First Tennessee Bank Parking Garage
0.45 miles
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Crowne Plaza Memphis Downtown
0.23 miles
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Sheraton Memphis Downtown Hotel
0.27 miles
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Hotel Indigo Memphis Downtown
0.34 miles
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Comfort Inn Downtown
0.37 miles
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Courtyard Memphis Downtown
0.39 miles
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MOXY Memphis Downtown
0.40 miles
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Hotel Napolean
0.41 miles
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Exchange Building
0.41 miles
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SpringHill Suites
0.44 miles
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The Hu Hotel
0.49 miles
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Wendy's
0.17 miles
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KFC
0.18 miles
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Alcenia's
0.37 miles
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Kay Kafe
0.40 miles
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Blue Plate Cafe
0.42 miles
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Charles Vergos' Rendevous
0.50 miles
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Capriccio Grill
0.55 miles
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Chez Philippe
0.56 miles
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Peabody Corner Bar
0.56 miles
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Huey’s
0.57 miles
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Saint Marys School
0.18 miles
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Downtown Elementary School
0.34 miles
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Memphis Skill Center
0.43 miles
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The Tennessee College of Applied Technology
0.46 miles
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University of Memphis Law School
0.53 miles
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The University of Tennessee Health Science Center
0.77 miles
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Leath Street Day Care Center
0.78 miles
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Saint Patrick Learning Center
0.90 miles
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University of Tennessee College of Social Work
0.91 miles
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Memphis Oral School For The Deaf
0.92 miles
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Vollintine Baptist Day Care Center
1.82 miles
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Saint Jude Day Care Center
2.62 miles
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Harris Memorial Day Care and Learning Center
3.12 miles
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Union Avenue Baptist Church Child Enrichment Center
3.42 miles
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Miriam Child Development Center
4.85 miles
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Barbara K Lipman Early Childhood School and Research Institute
6.44 miles
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Mount Pisgah Baptist Church Day Care Center
7.46 miles
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La Petite Academy
8.23 miles
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Middle Baptist Church Daycare Center
9.20 miles
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Fireside Temple Church of God in Christ Day Care Center
9.51 miles
Frequently Asked Questions
The space currently listed for sale at 240-242 Poplar Ave asks for $875,000.
240-242 Poplar Ave totals 9,239 square feet.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
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