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Historic Corner Mixed-Use Property
For Sale
$1,500,000

137 MADISON Ave, Memphis, TN 38103

Corner positioning and a 1910 construction date distinguish this downtown Memphis asset.

Property SizeContact for details
Days on Market936

Property Features for 137 MADISON Ave

General Information

Standard status Active
Property subtype General Commercial

Amenities

Corner Lot.
In City, Corner.

Building Details

Year Built 1910
Listing Agency: Braden, Braden & Braden LLC
Listed By: Curtis Braden · License #TN-284224
Source: Xome
Added: Feb 7, 2024 Changed: Aug 30 Last Checked: Aug 30 at 1:39PM

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 Braden, Braden & Braden LLC

Investment Insights

Based on property information with market context.

Located at 137 Madison Avenue in downtown Memphis, this mixed-use property dates to 1910 and occupies a corner position. The site is identified for potential retail, office, or multifamily development, supporting several possible directions for future reuse or redevelopment.

The property is near AutoZone Park, The Peabody Hotel, and the South Main Arts District. Its Madison Avenue address places it within the downtown Memphis setting described for the property, with nearby entertainment, hospitality, and arts destinations.

Key Highlights

  • 1910 construction date
  • Corner lot at 137 Madison Avenue
  • Downtown Memphis location

Property Analytics

Current Use

Memphis Bitcoin ATM-Cryptobase Atm Downtown Express Mini ... (Bike/Boat/Book/etc) Store Bitcoin Depot | Bitcoin ... Crypto Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Furniture & Home Goods Tanning Salon Carpet & Flooring Store

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

3,789
Businesses Nearby

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 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner positioning and a 1910 construction date distinguish this downtown Memphis asset.
Where is this mixed-use property located?
The property is located at 137 MADISON Ave Memphis, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1910 construction date; Corner lot at 137 Madison Avenue; Downtown Memphis location
More about this property
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