Foreclosure Auction - Commercial Property

Description:

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!

Tranzon Asset Advisors, Tim Mast, TN Broker and Auctioneer #5252

10% Buyer's Premium and other terms apply
Online bidding ends September 17th at 5:00 pm ET
Property Address:645 E. Georgia Avenue Memphis, TN 38126
Contact Wyatt Mast at 888-791-7307 ext. 812 or wmast@tranzon.com

Case # CH-25-0370 in the Chancery Court of Shelby County, TN

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