Land for Sale - 645 E Georgia Avenue, Memphis, TN 38126 - 3.54 acres

Commercial Building - Memphis, TN

645 E Georgia Avenue, Memphis, TN | Lat/Lng:  35.1283, -90.0399

$900,000
3.54 ac.
11/03/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

Foreclosure Auction - 42,000+/-SF Multi-Use Commercial Building on 3.54+/- Acres Iconic 42,000 +/- Square Foot Former Club Paradise Entertainment and Event Venue with Deep Cultural and Musical Heritage. Expansive 3.54-Acre +/- Site with Ample Surface Parking Zoned CMU-1, Allowing Flexible Commercial and Mixed-Use Strategically Located Within 2 Mile of Downtown Memphis and the Entertainment District. Positioned in the Heart of the South City Redevelopment Corridor with Active Investment Momentum. Reported Recent Improvements Including Access Enhancements, Lighting, and Signage Upgrades and Roof. Well-Suited for Adaptive Reuse or Continue as Club and Event Venue Located Within a Federal Opportunity Zone, Offering Potential Tax Incentives. Prominent Street Frontage with Excellent Visibility along East Georgia Avenue. Don't Miss this Opportunity to Bid Your Price on an Iconic Memphis Property Ready for Your Vision! THIS LISTING IS AN AUCTION AND THE PRICE LISTED DOES NOT REFLECT THE SELLING PRICE. PRICE WILL BE DETERMINED AT AUCTION. Tim Mast, TN Broker and Auctioneer #5252 10% Buyer's Premium and other terms apply Online bidding ends October 22nd at 5:00 pm ET Property Address:645 E. Georgia Avenue Memphis, TN 38126 Case # CH-25-0370 in the Chancery Court of Shelby County, TN Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Details

CountyShelby
Zipcode38126
BrokerageTranzon Asset Advisors
Brokerage Linkwww.tranzon.com
Edward Durnil
Tranzon Asset Advisors
(270) 769-0284
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