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    26 S Main St Memphis, TN 38103
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    Property profile & analytics

    26 S Main St Memphis, TN 38103


    • Retail space
    • 14,900 SF
    • 0.08 lot acres
    Downtown Memphis Mixed-Use Redevelopment Opportunity For Sale
    $720,000
    14,900 SF

    Downtown Memphis Mixed-Use Redevelopment Opportunity

    Historic 3-story building in the heart of the Central Business District.

    26 S Main St, Memphis, TN 38103
    View Listing
    Property ID
    US80-0158658
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 26 S Main St

    Year built
    1910
    Lot size
    0.08 lot acres
    Property size
    14,900 SF
    Zone code
    CBD
    Property type
    Retail space
    APN
    002-057- - -00008
    APU
    205700008

    Description

    This exceptional three-story building, totaling 14,900 square feet, is situated in the heart of Memphis' Central Business District at 26 S Main St, zip code 38103. Constructed in 1910, this property boasts a prime location, steps from the Memphis Art Museum, FedEx Forum, and AutoZone Park. Its proximity to the 100 N Main mixed-use redevelopment project, a 37-story development featuring office, residential, and hotel space, further enhances its investment potential. The building's three floors offer significant flexibility, and a basement provides additional space, potentially suitable for secure parking. Architectural plans for a mixed-use redevelopment are included, and the property is eligible for Downtown Memphis Commission Grants, making it an ideal opportunity for a mixed-use project incorporating office, retail, and residential components. The building's size and location make it a compelling investment opportunity in a rapidly developing area of downtown Memphis. For a comprehensive overview of ongoing development projects in the vicinity, please refer to the Downtown Memphis Commission's current projects database. This is a rare chance to acquire a historic building with significant upside in a thriving urban core.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $700,000
      ML approach
      $725,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $598,000
      Market price range: $598k - $1.47M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $905,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,095,000
      Change: +21% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $900,000
      Change: -0% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0527
    Latitude
    35.1444
    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
    $5,141
    $39,880
    $44,520
    $84,400
    -
    $99,700
    $111,300
    $211,000
    View Listing
    More about this property
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