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Historic Mixed-Use Building with Grand Lobby

67 Madison Ave, Memphis, TN 38103

For Lease
Contact for pricing

Ground-floor and mezzanine commercial space offers a distinctive setting within a residential building.

Space Size11,000 SF - 13,286 SF
Property Size24,286 SF
Days on Market13

Property Features for 67 Madison Ave

General Information

Standard status Active
Size 11,000 SF - 13,286 SF
Net Rentable 24,286 SF
Total Parking Spaces 392
Property subtype Retail, Restaurant

Space & Availability

Available Space 24,286 SF
Contiguous Space 24,286 SF
Floor Ground + Mezzanine
Space Use Hospitality, Restaurant, Event Space

Site & Location

Neighborhood Main Street Mall
Corner Location Yes

Amenities

20+ foot ceilings
arched windows
grand staircase with brass railings
direct access to parking garage

Building Details

Year Built 1923
Year Renovated 2009
Stories 12
Tenancy Multi

Spaces For Lease

at 67 Madison Ave Contact us

Lobby Level Active

Size 13,286 SF
Contact us

Mezzanine Level Active

Size 11,000 SF
Contact us
Listing Agency: Jones Aur Commercial Real Estate
Listed By: Carson Kane · License TN #60452
Source: Crexi
Added: Oct 28 Changed: Nov 8 Last Checked: Nov 8 at 2:43PM

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

Rey
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Investment Insights

Based on property information with market context.

At 67 Madison Avenue, commercial space occupies the ground floor and mezzanine of a historic 12-story building. The property contains 24,286 square feet of commercial area alongside 157 residential units. Built in 1923 and renovated in 2009, the building’s former bank lobby features ceilings exceeding 20 feet, arched windows, and a staircase with brass railings.

The building stands at Madison Avenue and Front Street in downtown Memphis. Nearby destinations include the Memphis Art Museum, Beale Street, the Renasant Convention Center, AutoZone Park, and the Mississippi Riverfront. An underground tunnel connects the property to a 392-space parking garage.

Key Highlights

  • 24,286 square feet of ground‑floor and mezzanine commercial space
  • Historic 12‑story building constructed in 1923 and renovated in 2009
  • 157 residential units in the building

Property Analytics

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

Current Use

Metro 67 Apartment Building TRAFFIC OVERVIEW CLASS Training Center Cash Express Inc Check Cashing Credit Therapy Financial Advisor Delta Claims Service Insurance Agency

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Tanning Salon Carpet & Flooring Store

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,610
Businesses Nearby
84k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 69% Dining 27% Apparel 3% Shops & Services 1%
Flying Fish Dining
18,139 visits/mo 0.2 miles
DoubleTree by Hilton Hotel Memphis Downtown Hotels & Casinos
12,893 visits/mo 0.3 miles
Hampton Inn & Suites Memphis Beale Street Hotels & Casinos
11,520 visits/mo 0.4 miles
Hilton Garden Inn Memphis Downtown Hotels & Casinos
7,623 visits/mo 0.3 miles
Hotel Indigo Memphis Downtown Hotels & Casinos
6,922 visits/mo 0.3 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
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor and mezzanine commercial space offers a distinctive setting within a residential building.
Where is this mixed-use property located?
The property is located at 67 Madison Ave Memphis, TN.
What are key features of this property?
This property features: 24,286 square feet of ground‑floor and mezzanine commercial space; Historic 12‑story building constructed in 1923 and renovated in 2009; 157 residential units in the building
(901) 515-7767 Call to check price and availability
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