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Downtown Memphis Commercial Property
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345 S Main St, Memphis, TN 38103

15,000+ SF commercial property in central downtown Memphis.

Property Size15,000 SF
Days on Market168

Property Features for 345 S Main St

General Information

Standard status Active
Size 15,000 SF
Property subtype Retail
Listing Agency: Jones Aur Commercial Real Estate
Listed By: Jonathan Aur · License #60452
Source: Jonesaur
Added: Mar 5 Changed: Jul 6 Last Checked: Aug 20 at 6:05AM

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 Jones Aur Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 345 S Main St, Memphis, TN 38103, this commercial property offers over 15,000 square feet in central downtown Memphis. The property includes a diverse portfolio featuring a small office/business (SOB), multiple Airbnb units, and an adjacent parking lot. Situated in the South Main Arts District, the location provides a blend of historical ambiance and contemporary attractions, including restaurants and shops. The property is surrounded by popular Memphis venues such as the FedEx Forum, the Orpheum Theatre, and Halloran Centre.

Key Highlights

  • 15,000 SF+ commercial property in central downtown Memphis.
  • Diverse portfolio including SOB, multiple Airbnb units, and an adjacent parking lot.
  • Located in the South Main Arts District.

Property Analytics

Current Use

Joellian Fleet Towing Auto Repair Shop 750 Plus Credit ... Financial Advisor Ambassador Hotel by ... Hotel & Motel SOB Downtown Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Building Supply Furniture & Home Goods Hair Salon Dental Office

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

1,899
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - 15,000+ SF commercial property in central downtown Memphis.
Where is this retail property located?
The property is located at 345 S Main St Memphis, TN.
What are key features of this property?
This property features: 15,000 SF+ commercial property in central downtown Memphis.; Diverse portfolio including SOB, multiple Airbnb units, and an adjacent parking lot.; Located in the South Main Arts District.
More about this property
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