Downtown Memphis Redevelopment
For Sale
Contact for pricing
122 S Main St, Memphis, TN 38103
52,684 SF building in vibrant downtown location.
Property SizeContact for details
Days on Market259
Property Features for 122 S Main St
General Information
Standard status
Active
Property subtype
Single Tenant or Freestanding Building
Listing Agency:
TSCG The Shopping Center Group Memphis
(901) 334-5702
Listed By:
Shawn Massey, CCIM, CRRP, ALC · License #372782
Source:
Tscg
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:40PM
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 TSCG The Shopping Center Group Memphis
Investment Insights
Based on property information with market context.
A 52,684 square foot freestanding building is available for sale on the southeast corner of South Main Street and Gayoso Avenue in Downtown Memphis, Tennessee. The property features retail space on the ground floor, plus two additional floors and an underground parking garage. This presents a redevelopment opportunity for a boutique hotel, office, retail, or multi-family use. Situated in the heart of Downtown Memphis, the property is prominently located on the main retail corridor of South Main, just a 2-minute walk from AutoZone Headquarters, the city's largest employer, and Beale Street, a major entertainment district that attracts over 4 million tourists annually. The prime location offers good visibility and accessibility in one of Memphis' most vibrant areas.
Key Highlights
- Prime Downtown Memphis location on South Main St, a major retail corridor.
- 52,684 SF freestanding building with redevelopment potential (hotel, office, retail, multi‑family).
- Proximity to AutoZone Headquarters (city's largest employer) and Beale Street (major tourist attraction).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,426
Businesses Nearby
Explore this area
Business Placement
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 Office in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 52,684 SF building in vibrant downtown location.
Where is this retail space located?
The property is located at 122 S Main St Memphis, TN.
What are key features of this property?
This property features: Prime Downtown Memphis location on South Main St, a major retail corridor.; 52,684 SF freestanding building with redevelopment potential (hotel, office, retail, multi‑family).; Proximity to AutoZone Headquarters (city's largest employer) and Beale Street (major tourist attraction).
