Retail Space with Basement
For Lease
Contact for pricing
97 S SECOND ST, Memphis, TN 38103
4500 SF retail space with full basement in Memphis.
Property Size4,500 SF
Days on Market75
Property Features for 97 S SECOND ST
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Retail, Restaurant
Building Details
Year Built
1873
Listing Agency:
Mid South Realty
Listed By:
Bert Adcock · License #TN 322477
Source:
Crexi
Added: May 19
Changed: Jul 10
Last Checked: Jul 30 at 10:29AM
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 Mid South Realty
Investment Insights
Based on property information with market context.
This commercial property offers 4500 square feet of retail space on the main floor, complemented by a full basement suitable for storage. The property is located on South Second Street in Memphis, Tennessee, and is suitable for retail, restaurant, and other commercial uses.
Key Highlights
- 4500sf on main floor
- Full basement for storage
- Year Built: 1873
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,731
Businesses Nearby
108k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 56%
Dining 34%
Shops & Services 7%
Apparel 3%
Flying Fish
Dining
18,139 visits/mo
0.1 miles
Wendy's
Dining
14,209 visits/mo
0.5 miles
DoubleTree by Hilton Hotel Memphis Downtown
Hotels & Casinos
12,893 visits/mo
0.1 miles
Hampton Inn & Suites Memphis Beale Street
Hotels & Casinos
11,520 visits/mo
0.2 miles
Hilton Garden Inn Memphis Downtown
Hotels & Casinos
7,623 visits/mo
0.1 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
Lease Benchmarks for Memphis, TN
$15.7 /SF/Yr
Avg Asking Price
$10–$20.8 /SF/Yr
Price Range
5,298 SF
Avg Space Size
Properties on Market for Retail properties & Spaces in Memphis
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - 4500 SF retail space with full basement in Memphis.
Where is this retail property located?
The property is located at 97 S SECOND ST Memphis, TN.
What are key features of this property?
This property features: 4500sf on main floor; Full basement for storage; Year Built: 1873
