Downtown Memphis Historic
For Sale
Contact for pricing
Pending
491 S Main St, Memphis, TN 38103
Four-story, 16,000 SF building with adjacent lot in downtown.
Property SizeContact for details
Days on Market288
Property Features for 491 S Main St
General Information
Standard status
Pending
Property subtype
Office, Industrial, Mixed Use
Listing Agency:
Colliers - Memphis, Tennessee
Listed By:
Hunter Adams · License #TN 329609
(901) 375-4800
Source:
Crexi
Added: Nov 25, 2025
Changed: Sep 8
Last Checked: Sep 7 at 11:42AM
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 Colliers - Memphis, Tennessee
Investment Insights
Based on property information with market context.
This historic four-story building is located in the heart of Downtown Memphis. The property includes a 0.18-acre adjacent lot. The building features open floor plans with tall ceilings, wood floors, and a brick exterior. Multiple improvements have been made since 1998, including an updated sprinkler system and a new roof. A working freight elevator is also present. The property has a size of 16,000 square feet.
Key Highlights
- Historic 4‑Story Building in the Heart of Downtown Memphis
- Rare 0.18 Acre Adjacent Lot in Downtown Memphis
- Brand New Roof
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,456
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Warehouse - Four-story, 16,000 SF building with adjacent lot in downtown.
Where is this warehouse located?
The property is located at 491 S Main St Memphis, TN.
What are key features of this property?
This property features: Historic 4‑Story Building in the Heart of Downtown Memphis; Rare 0.18 Acre Adjacent Lot in Downtown Memphis; Brand New Roof
