122 W Carolina Ave, Memphis, TN 38103

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List Price
$975,000
Status
ACTIVE
Days on Market
2
MLS#
10231249
Year Built
1944
Lot Size
175 X 100
Subdivision
FORT PICKERING BLK 17

Property Description

INVESTOR’S DELIGHT! Unlock the unlimited potential of this commercial property located in the heart of Downtown Memphis! This vacant building offers a blank canvas with endless possibilities for an owner-user, entrepreneur, or investor ready to bring their vision to life. The seller originally envisioned transforming the space into an upscale cigar lounge and has proposed plans available to help showcase the possibilities. Investors may also have a unique opportunity to join forces with the seller and potentially move forward with the existing cigar lounge concept. Whether you continue with the proposed vision or create something entirely your own, this property offers an exciting opportunity in a prime downtown location. Bring your ideas, creativity, and investment strategy...this could be the opportunity you’ve been waiting for! Contact the listing agent for additional details and information regarding the proposed plans.

Additional Information

Stories
2
Roof
Flat
Foundation
Slab

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of D. C. A. Realty, LLC.

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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.