199 Summit Street
Unique Mixed Use Property in Heart of Midtown Memphis AKA Heart of the Arts
Marketing description
Unique Mixed Use Property in Heart of Midtown Memphis aka Heart of the Arts
Multi-level property:
Upper Level -
1. Office space previously occupied by a law firm. 4 private offices, conference
room, break-room/kitchen.
2. Studio apartment that is fully renovated and ready for occupancy
3. Studio apartment not yet renovated- both units are opportunities for long
term or short term rental (airbnb, vrbo, etc)
Lower Level -
- Office/ Creative Space; partially renovated but available for occupancy.
Currently used as a creative visual marketing studio.
Located one block off of Union Ave (directly behind the
popular Midtown Fresh Market)
Two blocks from Overton Square: http://overtonsquare.com/
Blocks away from Cooper-Young neighborhood and
entertainment district
Situated in a quiet Midtown neighborhood, away from the
hustle and bustle; but close enough to iconic cultural
destinations like Playhouse on the Square, Hattiloo Theatre,
Memphian Hotel, Ballet Memphis, Brook Museum, Memphis
Zoo, Overton Park Shell, and Overton Park (Memphis’ Central
Park)
Major hotel, apartment, and retail investments occurring
along Union Ave and Cooper St within blocks of this property
Investment highlights
This property is ideal for an owner/user with an entrepreneurial mindset.
Ideally suited for an investor interested in income-producing components
with tremendous income potential in an area with strong middle-income.
households
Don’t miss this RARE, AVAILABLE potential income-producing opportunity
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