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Property profile & analytics
OFF-MARKET Estimated value $27,000,000
Investment properties

400 Main St Memphis, TN 38103-1528

10,871 SF 0.09 ac lot Built 1905
Individually Owned 1-yr Hold Free & Clear
Property ID
US80-1392171
Property summary
AI-generated overview

This exceptional 2,261 square foot retail space is ideally situated on the northeast corner of South Main Street and Huling Avenue in Memphis, Tennessee's vibrant South Main Arts District. Currently fully vacant, this property presents a unique opportunity for a single or multiple tenant occupancy. The building's prime location offers unparalleled visibility and accessibility, making it perfect for a variety of retail or restaurant concepts. Located at 400 S Main St, zip code 38103, in Shelby County, this commercial property boasts a high-traffic location, ensuring maximum exposure to potential customers. The building's total square footage is 2,261 square feet, all of which is currently available. This presents a blank canvas for a business seeking to establish a strong presence in a thriving downtown area. The property's classification as both retail and restaurant suitable makes it versatile and attractive to a wide range of potential tenants. Its prominent corner location ensures excellent street visibility and easy access for customers. This is an exceptional opportunity to secure a highly visible and desirable retail space in a rapidly growing and dynamic urban setting. Serious inquiries are encouraged.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1905
Total area 10,871 SF
Lot 0.09 ac (4,138 SF)
Zoning code MU
APN 001-025- - -00010
UPID US80-1392171
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
  • Puppy Paw Kennels (Bike/Boat/Book/etc) Store Pet Store
  • The Rambler Hotel & Motel
  • Simmons Bank Bank Loan Service
  • Zipcar Car Rental Facility
  • Quita Davis Racing Auto Repair Shop Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$27.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$27.00M
Owner & transaction history
St Jude Childrens Research Hospital · 1 yrs held
St Jude Childrens Research Hospital
since 2024
Last sale
$27.0M
7 recorded transactions
2024
$27.0M
2022
Price N/A
2019
$1.1M
2018
$310,000
2012
$1,000
2010
$1,000
1999
Price N/A
Zoning & alternative use
MU · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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