372 Main StMemphis, TN 38103

  • Industrial properties
  • 14,000 SF
For Lease

Property Details for 372 Main St

Year built
1905
Lot size
0.16 AC
Property size (Sq ft)
14,000 SF
Zone code
SM
Property type
Industrial properties
Property subtype
Other warehouses
APN
002-118- - -00001
APU
211800001

Description

This exceptional commercial property at 372 S Main St, Memphis, TN 38103, offers two available spaces ideal for a variety of businesses. Located in the vibrant South Main Historic District, this prime corner location boasts high visibility and foot traffic. The first floor features 2,875 square feet, while the second floor offers a spacious 3,410 square feet. The property is classified as Retail and Office, specifically a Creative Office subtype, and is suitable for diverse uses including traditional retail, office spaces, creative studios, fitness centers, co-working spaces, and experiential retail concepts. The building enjoys a strong tenant mix, including YogaSix and Memphis Spine & Sport. Its central location provides easy access to numerous Downtown amenities, including a wide array of restaurants, hotels, attractions, and shops. Nearby establishments include Earnestine & Hazel's, the National Civil Rights Museum, Beale Street Entertainment District, FedEx Forum, Tom Lee Park, Old Dominick Distillery, Wiseacre Brewery, The Slider Inn, The Chisca, Central Station Hotel, Arrive Hotel, and Hyatt Centric Beale Street. This property presents a unique opportunity to establish a presence in one of Memphis's most sought-after commercial districts. The multiple tenancy structure allows for flexibility and potential for synergistic partnerships. Contact us today to learn more about this exciting opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,308,893
    Hospitality
    $2,114,934
    Educational
    $1,759,600
    Medical
    $1,820,115
    Retail
    $2,737,156
372 Main St, Memphis, Tennessee
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Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.136
Longitude
-90.0574
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,279
$43,920
$108,400
$152,320
-
$109,800
$271,000
$380,800

FAQs

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