1400 Madison Ave, Memphis, TN 38104

Property Description

Priced to sell! 1400 Madison being offered for sale individually or as a package deal with 1412 Madison Ave. located in the heart of Midtown Memphis with a combined price of $455,000.00 1400 Madison features a large versatile building with excellent redevelopment potential. The property sits in a prime Midtown location just steps from the trolley line and approximately ten minutes from downtown Memphis. The building has been cleared out and select minor repairs have already been completed including the replacement of the underlying subfloor, floor and ceiling joist on the first level. The property is subject to the Memphis Preservation act and requires the buyer to submit a repair plan for renovation or redevelopment. Property suitable for mixed use (commercial/residential) and is being sold as is. Owner/Agent.