Downtown Memphis Mixed-Use Development
For Sale
Contact for pricing
48 South Front Street, Memphis, TN 38103
Prime downtown location with retail and residential development potential.
Property Size21,000 SF
Lot Size0.17 Acres
Days on Market190
Property Features for 48 South Front Street
General Information
Standard status
Active
Size
21,000 SF
Lot size
0.17 Acres
Building Details
Year Built
1870
Listing Agency:
Sullivan Hill Country Properties
(901) 258-8886
Listed By:
Austin Ehrat · License #0536840
Source:
Nmrk
Added: Jan 27
Changed: Jul 10
Last Checked: May 11 at 7:10AM
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 Sullivan Hill Country Properties
Investment Insights
Based on property information with market context.
The 48 S. Front Development Site is a 21,000 square foot mixed-use building situated on 0.17 acres in Downtown Memphis, Tennessee. Located in the Central Business District, the property is near art galleries, restaurants, sports venues, bars, and shopping. Plans for the property include ground floor retail space and 8 apartments above, with unfinished space on the third floor. The site is located in a thriving city center with government, financial, and legal sector jobs, as well as a large residential population. It is also near the South Main Arts District, a walkable historic neighborhood featuring art galleries, restaurants, and boutiques, and the site of Memphis’ longest running street festival, Trolley Night. Entertainment and sports options in the area include the Orpheum Theater, Beale Street, the FedEx Forum, and AutoZone Park.
Key Highlights
- Prime location in Downtown Memphis Central Business District with high job density and residential population.
- Mixed‑use building featuring ground floor retail space and 8 apartments.
- Walking distance to the vibrant South Main Arts District, home to art galleries, restaurants, and boutiques.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,610
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 Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Prime downtown location with retail and residential development potential.
Where is this mixed-use property located?
The property is located at 48 South Front Street Memphis, TN.
What are key features of this property?
This property features: Prime location in Downtown Memphis Central Business District with high job density and residential population.; Mixed‑use building featuring ground floor retail space and 8 apartments.; Walking distance to the vibrant South Main Arts District, home to art galleries, restaurants, and boutiques.
