Claridge House

Discover the dynamic investment potential of the Memphis MSA market surrounding the Claridge House. Located in the heart of downtown Memphis, this prime location offers convenient access to prominent landmarks such as AutoZone Park, FedExForum, and Beale Street Entertainment District. The area boasts a vibrant mix of commercial, cultural, and entertainment establishments, making it an attractive destination for office and office building investors. With its strategic position and proximity to notable attractions, the property at 109 N Main presents a compelling opportunity for those seeking to capitalize on the robust economic and cultural landscape of Memphis, TN.The Claridge House was originally built in the 1920’s as a luxury hotel. The building was most recently renovated in 2004 to offer the upscale residential and office condos that you see today. The opulent lobby sets the tone for a luxury experience and the 900 square foot rooftop deck provides for the perfect place to unwind and enjoy the city skyline. Building amenities include community WiFi, a gym, laundry room, roof deck, indoor pool, spa, and a club room. Located at the governmental nexus of Downtown Memphis at the corner of Main and Adams. Anticipated redevelopment of a full city block around the 100 N. Main Building has brewed excitement for this section of Downtown Memphis, along with the upcoming redevelopment of the Downtown Memphis Commission building both just steps away from the Claridge House. This mixed-use setting is prime for investment with a strong ROI forecasted.$15 SF Modified Gross. The Tenant pays utilities and janitorial expensive.