22 Front St Memphis, TN 38103
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.
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Andy Hays - Landscape Architect Landscaping General Contractor
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Shuttleworth Williams: Webb Abigail Law Firm
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Law Office of Handel R. Durham, Jr. Law Firm
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Lady Lawyers Law Firm
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Mid-South Quality Productivity Center Business Management Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.