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Mixed-Use Property

126 Monroe Avenue, Memphis, TN 38103

For Sale
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Mixed-use commercial property in downtown Memphis with a central Monroe Avenue address.

Property Size10,187 SF
Price / SF$85.89
Days on Market98

Property Features for 126 Monroe Avenue

General Information

Standard status Active
Size 10,187 SF
Property subtype Retail, Mixed Use
Investment Type Owner/User

Site & Location

Neighborhood Victorian Village Cdc

Building Details

Buildings 3
Units 3
Listing Agency: NAI Saig Company
Listed By: James McCraw, CCIM · License TN #340992
Source: Crexi
Added: Aug 4 Changed: Nov 1 Last Checked: Nov 8 at 8:05AM

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 NAI Saig Company

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Investment Insights

Based on property information with market context.

This mixed-use commercial property contains 10,187 square feet and is located at 126 Monroe Avenue in Memphis, Tennessee. The asset is identified as a downtown Memphis property and is offered for sale.

The address places the property on Monroe Avenue within downtown Memphis. Available property information identifies the asset by its mixed-use classification and overall building size.

Key Highlights

  • 10,187‑square‑foot mixed‑use property
  • Located at 126 Monroe Avenue, Memphis, TN 38103
  • Downtown Memphis location

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Furniture & Home Goods Electrical Service Auto Parts Store Hair Salon Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,167
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 79% Shops & Services 16% Hotels & Casinos 5%
McDonald's Dining
33,546 visits/mo 0.4 miles
American Deli Dining
6,306 visits/mo 0.4 miles
SUBWAY Dining
3,109 visits/mo 0.1 miles
La Quinta Inn & Suites Memphis Downtown Hotels & Casinos
2,785 visits/mo 0.5 miles
Extra Space Storage Shops & Services
2,652 visits/mo 0.4 miles

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

Properties on Market for Mixed-use properties in Memphis

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use commercial property in downtown Memphis with a central Monroe Avenue address.
Where is this mixed-use property located?
The property is located at 126 Monroe Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 10,187‑square‑foot mixed‑use property; Located at 126 Monroe Avenue, Memphis, TN 38103; Downtown Memphis location
(901) 590-9997 Call to check price and availability
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