337 S 4th St, Memphis, TN 38126 For Sale

Property Description

Unleash the potential of this remarkable property located in a Federal Qualified Opportunity Zone in Memphis, TN. This site offers a prime opportunity for development in a flourishing area. The site presents a unique canvas for innovative redevelopment, ensuring a distinctive and captivating project. Located in an Opportunity Zone, this site provides the chance to capitalize on tax incentives and drive impactful community development. Seize the opportunity to transform this property into a signature development, aligning with the vision of the Opportunity Zone program and unlocking its full potential.

Location Description

Discover the charm of downtown Memphis, TN, where the site is located. This vibrant area is home to a wealth of cultural and entertainment attractions, including the FedEx Forum, and historic Beale Street, full of lively blues clubs, restaurants, and shops. The renowned National Civil Rights Museum is nearby, offering a powerful educational experience for residents and visitors. For those who appreciate the outdoors, Tom Lee Park provides a beautiful riverside setting for recreation and relaxation. Additionally, the area boasts a variety of dining and shopping options, ensuring that tenants and employees will have every convenience at their fingertips. This site is positioned to be the ideal development right in the middle of everything in downtown Memphis! The site is within a Federally Qualified Opportunity Zone.

Highlights

• Located in an Opportunity Zone, offering tax incentives for development

• Proximity to Beale Street, FedEx Forum, and other tourist destinations

• Ideal for residential and mixed-use development opportunities

• Ideal for investors looking for rental income or redevelopment potential in a rapidly growing area.

• Positioned in a neighborhood experiencing revitalization and economic growth, making it a smart long-term investment.