Freestanding Downtown Redevelopment
122 S Main St Memphis, TN 38103
122 S Main St, Memphis, TN, 38103
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For Sale
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Freestanding building with ground-floor retail and two additional floors, including underground parking, ideal for redevelopment.
Property Size52,684 SF
Days on Market47
Property Features for 122 S Main St
General Information
- Standard status
- Active
- Size
- 52,684 SF
- 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
Theshoppingcentergroup
Added: Jun 2 Checked: Jul 17 at 6:11 am
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.
This freestanding building offers 52,684 square feet of available space and is configured for mixed-use potential. The ground floor is positioned for retail, with two additional floors above. On-site improvements include an underground parking garage, supporting tenants and guests and adding flexibility for future operating concepts.
The property is located in the heart of Downtown Memphis, prominently situated on the main retail corridor of South Main. It is described as being about a two-minute walk from AutoZone Headquarters, as well as near Beale Street, a major entertainment district that attracts more than four million tourists annually. The combination of visibility and walkable access in a central downtown setting is a key part of the asset’s appeal.
For buyers and developers, the property presents a redevelopment opportunity for a boutique hotel, as well as alternate uses such as office, retail, or multi-family. That versatility can be valuable for teams exploring repositioning strategies in a high-activity downtown location, where strong demand drivers include large local employment and ongoing visitor traffic.
The property is located in the heart of Downtown Memphis, prominently situated on the main retail corridor of South Main. It is described as being about a two-minute walk from AutoZone Headquarters, as well as near Beale Street, a major entertainment district that attracts more than four million tourists annually. The combination of visibility and walkable access in a central downtown setting is a key part of the asset’s appeal.
For buyers and developers, the property presents a redevelopment opportunity for a boutique hotel, as well as alternate uses such as office, retail, or multi-family. That versatility can be valuable for teams exploring repositioning strategies in a high-activity downtown location, where strong demand drivers include large local employment and ongoing visitor traffic.
Key Highlights
- 52,684 SF freestanding building for sale with ground‑floor retail plus 2 additional floors
- Includes an underground parking garage
- Redevelopment opportunity for a boutique hotel, office, retail, or multi‑family
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Freestanding building with ground-floor retail and two additional floors, including underground parking, ideal for redevelopment.
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: 52,684 SF freestanding building for sale with ground‑floor retail plus 2 additional floors; Includes an underground parking garage; Redevelopment opportunity for a boutique hotel, office, retail, or multi‑family
