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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

22 Front St Memphis, TN 38103

183,477 SF
Property ID
Property summary
AI-generated overview

This exceptional 2,200 square foot restaurant space is situated on the vibrant Court Avenue in the heart of Downtown Memphis. Located on the ground floor of the historic Falls Building, this single-tenant property offers an exterior entrance and unparalleled visibility. The Falls Building, a stunning 11-story structure encompassing 183,477 square feet, boasts a prestigious listing on the National Register of Historic Places and enjoys a prime waterfront location along the Mississippi River. This presents a unique opportunity to establish a thriving business within a landmark building undergoing significant revitalization. A major development project is currently underway, transforming 170 historic office spaces into residential units. This ambitious project will incorporate 12,500 square feet of state-of-the-art amenities, including a New York-style amenity suite and the city's first doorman service. The proximity to the University of Memphis Law School, with 33 furnished rental units specifically catering to students, ensures a consistent flow of potential clientele. This is a rare chance to secure a prominent restaurant location in a rapidly evolving and highly desirable area of Memphis. The space is currently vacant and ready for immediate occupancy.

Property profile
Verified
Property type Retail properties & Spaces
Total area 183,477 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
  • Andy Hays - Landscape Architect Landscaping General Contractor
  • Shuttleworth Williams: Webb Abigail Law Firm
  • Law Office of Handel R. Durham, Jr. Law Firm
  • Lady Lawyers Law Firm
  • Mid-South Quality Productivity Center Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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