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Loft-Style Office Suite
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431 S Main St, Memphis, TN 38103

Loft office space offering nine offices plus reception, conference room, kitchen, and support workstations.

Property Size19,744 SF
Days on Market1291

Property Features for 431 S Main St

General Information

Standard status Active
Size 19,744 SF
Property subtype OFFICE
Listing Agency: NAI Saig Company - Memphis
Listed By: Hamel (Hank) Martin
Source: Moodyscre
Added: Mar 2, 2023 Changed: Aug 14 Last Checked: Sep 12 at 10:38AM

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

Investment Insights

Based on property information with market context.

This loft-style office space is configured for professional operations and includes nine offices, three support staff workstations, and a conference room. The suite also features a reception area, a kitchen, a copy area, an eating/break area, and two bathrooms.

The space is located in the heart of the South Main District. Street parking is available nearby, though the building does not own parking. The property was previously used as a law firm space.

With its mix of private offices, meeting space, reception, and support areas, the layout is designed to support a client-facing office workflow.

Key Highlights

  • Loft office space in the South Main District with former law firm layout
  • Includes 9 offices plus reception and a conference room
  • 3 support staff workstations and dedicated kitchen area

Property Analytics

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Open Analytics

Current Use

William B. Walk ... Law Firm John Harrison Jones ... Architect designshop, pllc Architect Archer Custom Builders ... Construction Company Disciple Design LLC Marketing & Advertising

Suggested Use

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

2,101
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office units - Loft office space offering nine offices plus reception, conference room, kitchen, and support workstations.
Where is this office units located?
The property is located at 431 S Main St Memphis, TN.
What are key features of this property?
This property features: Loft office space in the South Main District with former law firm layout; Includes 9 offices plus reception and a conference room; 3 support staff workstations and dedicated kitchen area
(901) 526-3100 Call to check price and availability
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