Search
Bank-Configured Commercial Property
For Sale
Contact for pricing

2207 S 3rd St, Memphis, TN 38109

The interior retains teller stations from its former bank use.

Property SizeContact for details
Days on Market144

Property Features for 2207 S 3rd St

General Information

Standard status Active
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Owner Occupied Yes
Abandoned No
Listing Agency: Berkshire Hathaway HomeServices Taliesyn Realty
Listed By: Dean Fowler · License #MS - S-58231
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:27AM

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 Berkshire Hathaway HomeServices Taliesyn Realty

Investment Insights

Based on property information with market context.

This commercial property is currently occupied and operated by a local automobile insurance firm. Its prior bank configuration remains in place, including teller stations, providing a recognizable financial-services layout within the building.

The property is located at 2207 S 3rd St in Memphis, Tennessee, on the northwest corner of S. Third and Mallory. It sits approximately 1/2 mile north of I-55 on S. Third St. Following a closing, the current operator requires 30-60 days to notify branch customers before directing them to another company location in the same part of town.

Key Highlights

  • Former bank configuration with teller stations still in place
  • Currently occupied and operated by a local automobile insurance firm
  • Current operator requires 30‑60 days after closing for customer notification

Property Analytics

Current Use

Autoplan Auto Insurance ... Insurance Agency

Suggested Use

Top Pick Dental Office Law Firm Spa & Massage Center Parking Lot & Garage Hair Salon Electrical Service

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

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby

Demographics for 38109, TN

42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value

Market

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Bank - The interior retains teller stations from its former bank use.
Where is this bank located?
The property is located at 2207 S 3rd St Memphis, TN.
What are key features of this property?
This property features: Former bank configuration with teller stations still in place; Currently occupied and operated by a local automobile insurance firm; Current operator requires 30‑60 days after closing for customer notification
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message