WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
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!
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
