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    Madison Avenue Retail Opportunity Title is generated by Realmo AI

    1200 Madison Ave, Memphis, TN

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    Retail property on high-traffic Madison Avenue, Memphis.

    Type:RETAIL
    Property size:
    2,676 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $149/SF
    Added:
    Nov 19, 2025
    Days on Market:
    207
    Last Refresh:
    May 20 at 9:39 pm

    Property Features for 1200 Madison Ave

    General Information

    Standard status
    Active
    Size
    2,676 SF
    Lot size
    0.06 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Curtis Braden
    Curtis Braden

    Listing agent Curtis Braden License #TN-284224

    Listing office Braden, Braden & Braden LLC

    Listing date Nov 19, 2025

    Source Moodyscre

    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 Braden, Braden & Braden LLC

    HighLights

    • High‑traffic location on Madison Avenue.
    • Leased to a renowned chocolatier.
    • Extensively remodeled in 2018 with modern design.
    • Stable income from a long‑term tenant.
    • Flexible one‑year lease terms.
    • Potential for future development or customization due to lot size.

    Overview

    The retail property at 1200 Madison Avenue, built in 1929 and extensively remodeled in 2018, offers 1,890 square feet of space. The property is situated on high-traffic Madison Avenue, near Mississippi Blvd Church and other commercial activity. The 2,676-square-foot lot provides potential for future development or customization. Currently, the property is occupied by a renowned chocolatier under a long-term lease with flexible one-year terms. This presents an opportunity for investors seeking stable income with optionality for future use or repositioning.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $40.1k $15.00
    − Vacancy −$2.0k −$0.75
    EGI $38.1k $14.25
    − OpEx −$11.4k −$4.27
    NOI $26.7k $9.98
    2,676 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $381.3K
    $333.7K – $444.9K (±1% cap)
    NOI $26,693 @ 7.0% cap · market cap 6.67%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $790.9K
    $692.0K – $922.7K (±1% cap)
    NOI $55,361 @ 7.0% cap · market cap 13.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Phillip Ashley Chocolates Food Processing Plant Church Services, INC Church

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0212
    Latitude
    35.1396

    FAQs

    What type of property is this?
    Retail space - Retail property on high-traffic Madison Avenue, Memphis.
    Where is this retail space located?
    The property is located at 1200 Madison Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: High‑traffic location on Madison Avenue.; Leased to a renowned chocolatier.; Extensively remodeled in 2018 with modern design.
    (901) 301-3691 Call to check price and availability
    More about this property
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