700 S B B KING BLVD Memphis, TN $ 2,500,000
700 S B B KING BLVD
$ 2,500,000
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700 S B B KING BLVD

Memphis, TN, 38126
$ 2,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 15,393

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Commercial Property for sale in Memphis, TN

for $2,500,000. This building was built in 1957.

A rare AS-IS development opportunity in the heart of downtown Memphis 700 S B.B. King Blvd corridor, offering a strategic three-parcel assemblage ideal for redevelopment or long-term investment. This offering includes: • Parcel 1: 700 S. B.B. King Blvd — Parcel ID: 0110080029C • Parcel 2: Hernando St — Parcel ID: 01100800018 • Parcel 3: 691 Hernando St — Parcel ID: 01100800017 Positioned along one of Memphis’ most visible and historic corridors, this site presents strong potential for mixed-use, residential, commercial, or multifamily development (buyer to verify zoning and permitted uses). The location provides valuable frontage, access, and flexibility an increasingly rare find in this location. Surrounded by ongoing revitalization and minutes from FedEx Forum, South Main, and major transportation routes, this property is perfectly suited for developers or investors seeking scale, visibility, and upside. Sold AS-IS.

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 16,546

Style

Auto Service,Building Trade/Supplies,Industrial,Mi

Year Built

1957

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10212722

Features
General
Roof Other (Call LA)
Zoning SDBP
Status Active Active
Legal Subdivision Name WILLIAMS BLK 97
Stories Count 1
County Shelby
Class Commercial/Industrial
Type Commercial
Area 745E South Bluffs/Downtown
Parcel Number 011008 00029C
Road Frontage City Street
Sale/Rent For Sale
Status Detail 0
Location City Corner
Year Built 1957
Directions From Danny Thomas right on Georgia Left on Hernando right on Carolina Right on B.B. King
City Memphis
DOM 51
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Exterior
Foundation Slab
Number of Buildings 2
Lot Size 162X736.73/736.88
Parking Facility Asphalt/Blacktop Concrete Gravel
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Interior
Hot Water Other (Call LA)
Floors Other (See Remarks)
Heating Other (Call LA)
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* Excluded Features
List By
Emmett Baird Realty, Llc

Broker

Affordability Calculator

$16,772
Per Month
92%
8%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$1,379
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/12/2026$2,500,000 Listed Price

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700 S B B KING BLVD, Memphis, TN, 38126 is a Commercial Property for sale at $2,500,000. 700 S B B KING BLVD was built in 1957. The property's zip code is 38126 which is in Memphis, TN