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$ 1,500,000
Est. payment /mo
Price Dropped by $680K
1199 THOMAS ST Memphis, TN 38107
UPDATED:
Key Details
Property Type Commercial
Sub Type Light Industrial/Manufact
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 10197814
Year Built 1938
Annual Tax Amount $14,489
Property Sub-Type Light Industrial/Manufact
Property Description
Nestled in the heart of North Memphis, 1199 Thomas St is a prime industrial gem, perfect for businesses looking to tap into the city's vibrant logistics and manufacturing scene. This hefty property spans approximately 4.75 acres, with a robust three (3) building footprint of around 109,000 total square feet, designed for manufacturing and milling operations. 4 heavy-duty cranes, ranging from 15 to 30 tons, are operational. Zoned EMP (Employment) under Memphis's Unified Development Code, it's a versatile space ideal for light industrial activities, warehousing, or even office setups, with development standards that ensure flexibility for your business vision. Located in the 38107 ZIP code, it's strategically positioned near major infrastructure like I-40, making it a logistical dream for distribution or supply chain operations.
Location
State TN
County Shelby
Area Frayser - North
Interior
Heating Other (Call LA)
Cooling Other (Call LA)
Flooring Other Flooring
Inclusions All Equipment, Building and Land
Exterior
Parking Features Secured
Roof Type Metal
Building
Story 1
Foundation Slab
Water Public Water
Listed by Sean Blankenship • Coldwell Banker Collins-Maury