Union Avenue Retail
For Sale
$525,000
2029 Union Avenue, Memphis, TN 38104
7,094 SF freestanding building on 0.263 acre parcel.
Property SizeContact for details
Days on Market268
Property Features for 2029 Union Avenue
General Information
Standard status
Active
Property subtype
Single Tenant or Freestanding Building
Listing Agency:
The Shopping Center Group | Memphis
(901) 334-5703
Listed By:
Robert Sloan · License #297139
Source:
Tscg
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:04AM
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 The Shopping Center Group | Memphis
Investment Insights
Based on property information with market context.
Located on Union Avenue, just east of South Rembert St in Midtown Memphis, Tennessee, this property features a 7,094 square foot freestanding building situated on a 0.263 acre parcel. The property is for sale and offers redevelopment potential due to its CMU-3 zoning. It is positioned within minutes of entertainment venues such as Overton Square, Playhouse on the Square, Circuit Playhouse, and Hattiloo Theatre. Area retailers include Home Depot, Kroger, The Fresh Market, Malco Theater, CVS Pharmacy, Porch and Parlor, Chipotle, Pyro's, Panera Bread, IHOP, Outback Steakhouse, Zaxby's, Chick-fil-A, Five Guys, Babalu, and Hollywood Feed. The traffic count on Union Avenue is 26,054 AADT.
Key Highlights
- High‑traffic location on Union Avenue (26,054 AADT) in Midtown Memphis.
- Redevelopment potential due to CMU‑3 zoning.
- 7,094 SF freestanding building on a 0.263 acre parcel.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,053
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
SONIC Drive In
Dining
21,160 visits/mo
0.4 miles
Bank of America
Shops & Services
8,157 visits/mo
0.1 miles
XFINITY Store by Comcast
Shops & Services
7,353 visits/mo
0.4 miles
Lenny's Sub Shop
Dining
4,405 visits/mo
0.4 miles
Jiffy Lube
Shops & Services
1,231 visits/mo
0.5 miles
Demographics for 38104, TN
22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Similar Off Market Nearby
- Green Mansions Memphis — 80 Flicker St, Memphis, TN 38104
Frequently Asked Questions
What type of property is this?
Storefront property - 7,094 SF freestanding building on 0.263 acre parcel.
Where is this storefront property located?
The property is located at 2029 Union Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: High‑traffic location on Union Avenue (26,054 AADT) in Midtown Memphis.; Redevelopment potential due to CMU‑3 zoning.; 7,094 SF freestanding building on a 0.263 acre parcel.
