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Multilevel Storefront Building
For Sale
$1,100,000

371 S MAIN St, Memphis, TN 38103

Multilevel commercial space with central air and a corner-lot configuration.

Property SizeContact for details
Days on Market766

Property Features for 371 S MAIN St

General Information

Standard status Active
Property subtype General Commercial

Property Condition

Severity Major Repairs Needed
Evidence complete renovation

Amenities

Central Air
3
Corner Lot.
37.5X150
Corner.

Building Details

Year Built 1880
Listing Agency: KELLER WILLIAMS®
Listed By: Keller Williams
Source: Xome
Added: Jul 28, 2024 Changed: Aug 31 Last Checked: Mar 27 at 7:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS®

Investment Insights

Based on property information with market context.

This multilevel storefront building provides flexible interior layouts and central air, offering a substantial commercial framework for a full renovation. The property dates to 1880 and is positioned on a corner lot with dimensions of 37.5X150.

Located in Downtown Memphis at 371 S MAIN St, the building offers an urban setting for a range of storefront-oriented commercial concepts. The interior is suited to a complete redevelopment, allowing the next owner to rework the existing spaces around a new operational plan.

Key Highlights

  • Multilevel storefront building with flexible interior layouts
  • Central air included
  • Corner‑lot property

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Pet Grooming Service Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,101
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 75% Dining 10% Apparel 9% Shops & Services 6%
Memphis Central Station Hotels & Casinos
12,197 visits/mo 0.2 miles
Hampton Inn & Suites Memphis Beale Street Hotels & Casinos
11,520 visits/mo 0.5 miles
Hooters Dining
3,054 visits/mo 0.5 miles
Catherines Apparel
2,873 visits/mo 0.3 miles
Valero Energy Shops & Services
1,782 visits/mo 0.4 miles

Demographics for 38103, TN

14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • wallflower memphis 409 S Main St, Memphis, TN 38103
  • Jlondons Boutique & Florist 26 S 2nd St, Memphis, TN 38103
  • Premier Flowers-Memphis, TN 10 N 2nd St #105, Memphis, TN 38103

Frequently Asked Questions

What type of property is this?
Storefront property - Multilevel commercial space with central air and a corner-lot configuration.
Where is this storefront property located?
The property is located at 371 S MAIN St Memphis, TN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Multilevel storefront building with flexible interior layouts; Central air included; Corner‑lot property
More about this property
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