Freestanding Downtown Redevelopment
122 S Main St, Memphis, TN 38103
New
Freestanding building with ground-floor retail and two additional floors, including underground parking, ideal for redevelopment.
Type:Single Tenant or Freestanding Building
Property size:
52,684 SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 2 at 8:01 am
Property Features for 122 S Main St
General Information
- Standard status
- Active
- Size
- 52,684 SF
- Property subtype
- Single Tenant or Freestanding Building
Listing agent Shawn Massey, CCIM, CRRP, ALC License #372782
Listing office The Shopping Center Group | Memphis (901) 252-1039
Listing date Jun 2, 2026
Source Theshoppingcentergroup
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
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
- Located in the heart of Downtown Memphis on the main retail corridor of South Main
- About a 2‑minute walk to AutoZone Headquarters and Beale Street
Overview
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.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.054015
- Latitude
- 35.1417984
Nearby Similar for Sale
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
