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Retail and Hospitality Space with Patio

400 S Main St, Memphis, TN 38103

For Lease
Contact for pricing

Ground-floor retail and hospitality space with high ceilings and an outdoor pool patio for bar service and light food offerings.

Space Size2,300 SF
Days on Market107

Property Features for 400 S Main St

General Information

Standard status Active
Size 2,300 SF
Property subtype RETAIL

Space & Availability

Contiguous Space 2,300 SF
Divisible Yes
Floor Ground
Space Use Retail

Site & Location

Neighborhood Center City Development Corporation

Amenities

high ceilings

Spaces For Lease

at 400 S Main St
400 S Main St AVAILABLE, Now
Floor 1
Size 2,300 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located at The Rambler, an 18-unit boutique hotel in the heart of Downtown Memphis’ South Main Arts District, this unique opportunity offers flexible ground-floor retail and hospitality space in one of the city’s most vibrant and walkable neighborhoods. Up to 2,300 square feet of retail space is available with prime South Main frontage, high ceilings, and the potential to subdivide for multiple users or concepts. Additionally, a 6,500-square-foot outdoor pool patio and cabana space presents a rare opportunity for bar service and light food offerings catering to both hotel guests and the public. Surrounded by locally owned restaurants, shops, entertainment venues, and cultural attractions, the property benefits from exceptional visibility and convenient access to Downtown Memphis hotels, museums, dining destinations, and entertainment hubs.
Contact us
Listing Agency: NAI Saig Company - Memphis
Listed By: Reynolds Willis · License ##362806
Source: Moodyscre
Added: Jul 24 Changed: Oct 25 Last Checked: Nov 6 at 11:43AM

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 - Memphis

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Investment Insights

Based on property information with market context.

Flexible ground-floor retail and hospitality space is available at The Rambler, an 18-unit boutique hotel in the heart of Downtown Memphis’ South Main Arts District. Up to 2,300 square feet of retail space is offered with high ceilings, and the layout includes the potential to subdivide for multiple users or concepts.

An additional outdoor pool patio and cabana space totals 6,500 square feet, creating an outdoor setting suitable for bar service and light food offerings for both hotel guests and the public.

Positioned in a vibrant, walkable district, the property is surrounded by locally owned restaurants, shops, entertainment venues, and cultural attractions. The location also provides convenient access to Downtown Memphis hotels, museums, dining destinations, and entertainment hubs.

Key Highlights

  • Up to 2,300 SF ground‑floor retail space with high ceilings
  • Potential to subdivide for multiple users or concepts
  • 6,500 SF outdoor pool patio and cabana space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Puppy Paw Kennels (Bike/Boat/Book/etc) Store The Rambler Hotel & Motel Simmons Bank Bank Zipcar Car Rental Facility Quita Davis Racing Auto Repair Shop

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store HVAC Service Furniture & Home Goods Pet Grooming Service 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,101
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 75% Dining 10% Apparel 9% Shops & Services 6%
Memphis Central Station Hotels & Casinos
12,197 visits/mo 0.2 miles
Hampton Inn & Suites Memphis Beale Street Hotels & Casinos
11,520 visits/mo 0.5 miles
Hooters Dining
3,054 visits/mo 0.5 miles
Catherines Apparel
2,873 visits/mo 0.3 miles
Valero Energy Shops & Services
1,782 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$14.01 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
10,323 SF
Avg Space Size

Properties on Market for Retail space 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?
Retail space - Ground-floor retail and hospitality space with high ceilings and an outdoor pool patio for bar service and light food offerings.
Where is this retail space located?
The property is located at 400 S Main St Memphis, TN.
What are key features of this property?
This property features: Up to 2,300 SF ground‑floor retail space with high ceilings; Potential to subdivide for multiple users or concepts; 6,500 SF outdoor pool patio and cabana space
(901) 201-9323 Call to check price and availability
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