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Second-Generation Restaurant Space
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105 South 2nd Street, Memphis, TN 38103

Second-generation restaurant space available in Downtown Memphis for established food service concepts.

Space Size6,447 SF
Days on Market68

Property Features for 105 South 2nd Street

General Information

Standard status Active
Size 6,447 SF
Property subtype Restaurant

Building Details

Building Size 6,447 SF
Tenancy Multiple

Spaces For Lease

at 105 South 2nd Street Contact us

Available Space

Size
6,447 SF
Type
Restaurant
Availability
Active
Contact us
Listing Agency: Jones Aur Commercial Real Estate
Listed By: Carson Kane · License #363429
Source: Crexi
Added: Jun 5 Changed: Aug 10 Last Checked: Aug 11 at 6:21AM

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 Jones Aur Commercial Real Estate

Investment Insights

Based on property information with market context.

This offering presents 6,447 square feet of second-generation restaurant space suited for an operator looking to build on existing restaurant infrastructure. The space is positioned specifically for restaurant use, supporting food service layouts that benefit from prior restaurant functionality.

The property is located at 105 South 2nd Street in Downtown Memphis, TN 38103. As a centrally placed restaurant space in the heart of downtown, it is intended for tenants that want to serve a dense urban customer base.

For prospective tenants, this second-generation configuration can reduce early build-out requirements compared with starting from a non-restaurant shell, while still allowing the flexibility to tailor the space to a specific concept. It is also a strong fit for restaurant operators seeking a downtown location with a purpose-built restaurant use.

Key Highlights

  • 6,447 SF second‑generation restaurant space
  • Located in the heart of downtown Memphis
  • Second‑generation restaurant space for established food service concepts

Property Analytics

Current Use

Flying Fish Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Pet Grooming Service Tanning Salon Carpet & Flooring Store Fish Market

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,122
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 40% Hotels & Casinos 33% Dining 27%
Memphis Central Station Hotels & Casinos
12,197 visits/mo 0.2 miles
Family Dollar Shops & Services
8,090 visits/mo 0.4 miles
Captain D's Dining
5,839 visits/mo 0.5 miles
Exxon Shops & Services
5,065 visits/mo 0.4 miles
KFC Dining
4,005 visits/mo 0.5 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
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Similar Off Market Nearby

  • China tow Memphis, TN 38103

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant space available in Downtown Memphis for established food service concepts.
Where is this conventional restaurant located?
The property is located at 105 South 2nd Street Memphis, TN.
What are key features of this property?
This property features: 6,447 SF second‑generation restaurant space; Located in the heart of downtown Memphis; Second‑generation restaurant space for established food service concepts
(901) 515-7767 Call to check price and availability
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