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% Buyers Premium and other terms apply
Online bidding ends October 22nd at 5:00 pm ET
Property Address:645 E. Georgia Avenue Memphis, TN 38126
Contact Wyatt Mast at 888-791-7307 ext. 812 or [email protected]


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

Name of Property: Commercial Highway Lots for sale
Acreage: .75 Acres
Location: Highway 31, Krebs Subdivision
Closest Town: McAlester, OK
Access: State Highway 31
Taxes: $313.89/2022
Topography: Gently rolling
Utilities: Electric, water, city sewer, and natural gas
Comments
These three Commercial Lots are located on Highway 31 in Krebs, Oklahoma just on the east side of McAlester, Oklahoma. These three lots may be purchased separately or all together. The total land size is 33,000 square feet. Utilities servicing the property are city water, PSO Electric, city sewer, and natural gas. Highway 31 receives a high traffic count from local traffic going to a from work and non-local traffic from out of the area that is passing through.

The property is approximately two blocks from Pete’s Italian Restaurant that was established in the 1920s, and just a few blocks from Roseanna’s Italian Restaurant that is long established.

City of McAlester Demographics
As of the 2010 census, there were 18,383 people, 7,196 households, and 4,187 families residing in the City. The population density was 1,149.9 people per square mile (437.6/km²). There were 7,685 housing units at an average density of 614.8 per square mile (181.5/km²).

The racial makeup of the city was 70.4% white, 7.1% African American, 12.7% Native American, 0.7% Asian, 0.1% Pacific Islander, 2.1% from other races, and 6.9% from two or more races. Hispanic or Latino of any race was 6.5% of the population.

Household Makeup
Of the 7,196 households, 22.1% had children under the age of 18 living with them, 46.6% were married couples living together, 13.7% had a female householder with no husband present, and 36.4% were non-families. 33.7% of all households were made up of individuals and 15.7% had someone living alone who was 65 years of age or older. The average household size was 2.16 and the average family size was 2.93.

In the City the population was spread out with 22.1% under the age of 18, 72.2% from 18 to 64, and 15.7% who were 65 years of age or older. The median age was 38 years. For every 100 females there were 104.4 males.

Income
The median income for a household in the city was $37,450, and the median income for a family was $36,480. Males had a median income of $31,637 versus $17,849 for females. The per capita income for the city was $20,406. About 16.1% of families and 17.3% of the population were below the poverty line, including 26.8% of those under age 18 and 11.6% of those aged 65 or over.

City of Krebs Demographics:

https://oklahoma.hometownlocator.com/ok/pittsburg/krebs.cfm#demographic

Pittsburg County Demographics:

https://www.census.gov/quickfacts/pittsburgcountyoklahoma

Call Sandy Brock Bahe at 918-470-4710 or Toll Free at 844-WCR-LAND for additional information or to view.