1199 Thomas St, Memphis, TN 38107, Memphis, TN 38107
sale
$1,200,000
|
Other
Courtesy Of Coldwell Banker Commercial Collins-Maury
Coldwell Banker Commercial Collins-Maury is pleased to present 1199 Thomas Street, a 109,340 square foot industrial facility located in the heart of North Memphis, one of the city's most active and strategically positioned industrial submarkets. Situated on 4.75 acres and zoned EMP (Employment District), this multi-building asset is ideally suited for heavy manufacturing, warehousing, or value-add repositioning. Originally constructed in 1938, the property features three interconnected buildings90,000 SF, +/-20,000 SF, and +/-7,500 SF-and includes multiple high-capacity overhead cranes (30-ton and 15-ton), 30-foot ceiling clearance, and robust power infrastructure. With close proximity to major transportation corridors including I-40 and U.S. Route 51, the site provides seamless access to Memphis's core distribution and logistics network. This property presents a rare opportunity to acquire a large-scale industrial asset with exceptional value per square foot. With strong bones, flexible zoning, and high demand for industrial space in the Memphis market, 1199 Thomas Street offers users and investors alike a compelling combination of functionality, location, and upside potential.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 483YCD
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