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Mixed-Use Property
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126 Monroe Avenue, Memphis, TN 38103

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

Property Size10,187 SF
Price / SF$85.89
Days on Market53

Property Features for 126 Monroe Avenue

General Information

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

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: Sep 14 Last Checked: Sep 24 at 9:45AM

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

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

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
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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) 410-3311 Call to check price and availability
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