You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

66 Front St Memphis, TN 38103

3,500 SF 5790 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional commercial condominium, located at 66 S Front Street in Memphis, TN 38103, presents a unique investment opportunity. The 3,500-5,000 square foot building, constructed in 1900, sits on a substantial 5.79 acres and is currently 75% occupied. The property is zoned for Office and Retail use and is specifically classified as a Creative Office and Commercial Condo, making it ideal for a variety of businesses. Four separate spaces are currently leased with terms ranging from three to five years, providing immediate rental income. The building's prime downtown location offers unparalleled visibility and accessibility, situated at the intersection of Front Street and Union Avenue. Its proximity to major landmarks such as AutoZone, The Peabody Memphis, AutoZone Park, and the University of Memphis Law School, coupled with its proximity to Riverside Drive and the Mississippi River, ensures high foot traffic and strong tenant demand. Furthermore, significant new developments surrounding the property to the south, north, and east contribute to its increasing value and rental potential. The asking price for this multi-tenant property is $1,200,000. This is a rare chance to acquire a well-located, income-producing property in a rapidly developing area of Memphis.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1900
Total area 3,500 SF
Lot 5790 ac (252,212,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • PharmPsych Medical Clinic
  • Memphis Art Park Theater & Performing Art Venue
  • Felicity Tutors Tutoring Service
  • Front Row Lofts Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 66 Front St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message