654 East Georgia Avenue, Memphis, TN

Multi-Use for Sale - 42,000 Sq. Ft. on 3.54 acres


Agent Info

Edward Durnil
Tranzon Asset Advisors

Property Info

CIMLS#1180871
Location
  654 East Georgia Avenue
  Memphis TN 38126
UpdatedSeptember 2nd, 2025
TypeMulti-Use
PriceUpon Request
Building42,000 Sq. Ft.
Land3.54 acres

Attached Documents


Property 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!

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

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


Financials