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Prime Commercial Property in EDGE
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433 Madison Ave, Memphis, TN 38103

Unparalleled commercial property in Downtown Memphis' vibrant EDGE district.

Property Size4,210 SF
Days on Market175

Property Features for 433 Madison Ave

General Information

Standard status Active
Size 4,210 SF
Property subtype Storefront (Office/Retail/Hospitality/Medical)

Building Details

Building Size 4,210 SF
Year Built 1903
Listing Agency: Universal Commercial Real Estate LLC
Listed By: Darrell Cobbins · License #278933
Source: Tcnworldwide
Added: Mar 6 Changed: Aug 17 Last Checked: Aug 26 at 6:31AM

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 Universal Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

Located at 433 Madison Ave in the EDGE district of Downtown Memphis, Tennessee, this commercial property offers a prime location with excellent visibility and convenient access to major highways. The property, formerly the Pritchard Plumbing Brothers building, is situated in the 38103 zip code. Extensive renovation work has been completed, providing a cold dark shell delivery, allowing a new owner to customize the interior design and build-out according to their specifications. A newly constructed 450-space parking garage is located less than one block away. The property is next to the Madison Ave. trolley stop, providing easy access to Downtown and the Memphis Medical District. Investment and development are actively occurring in all directions around this location. Technical support and incentives are available through the Memphis Medical District Collaborative.

Key Highlights

  • Prime location in the vibrant EDGE district of Downtown Memphis with excellent visibility.
  • Cold dark shell delivery allows for customized interior design and build‑out.
  • Newly constructed 450‑space parking garage less than one block away.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Butcher Veterinary Clinic Electrical Service Pet Grooming 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.

Location Intelligence

Trade Area within ½ mile

4,017
Businesses Nearby
82k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 37% Hotels & Casinos 12%
MAPCO Mart Shops & Services
18,443 visits/mo 0.5 miles
Wendy's Dining
14,209 visits/mo 0.4 miles
Exxon Shops & Services
13,743 visits/mo 0.4 miles
Hotel Indigo Memphis Downtown Hotels & Casinos
6,922 visits/mo 0.5 miles
KFC Dining
6,723 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

Market

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
Rey
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Similar Off Market Nearby

  • Jlondons Boutique & Florist 26 S 2nd St, Memphis, TN 38103
  • Premier Flowers-Memphis, TN 10 N 2nd St #105, Memphis, TN 38103
  • Serene Same Day Flower Delivery Memphis 156 Washington Ave, Memphis, TN 38103
  • Memphis Gifts and Flowers Memphis, TN 38103

Frequently Asked Questions

What type of property is this?
Storefront property - Unparalleled commercial property in Downtown Memphis' vibrant EDGE district.
Where is this storefront property located?
The property is located at 433 Madison Ave Memphis, TN.
What are key features of this property?
This property features: Prime location in the vibrant EDGE district of Downtown Memphis with excellent visibility.; Cold dark shell delivery allows for customized interior design and build‑out.; Newly constructed 450‑space parking garage less than one block away.
More about this property
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