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    Memphis, TN Retail Properties & Spaces for Sale

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    129 properties
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    Mixed-Use Commercial Condominium
    Updated: May 3
    Mixed-Use Commercial Condominium

    2135 Merchants Row, Germantown, TN 38138

    $350,000
    2,508 sqft 0.17 AC lot
    2,508‑square‑foot mixed‑use commercial condominium
    0.165‑acre property built in 1987
    Commercial zoning supports office, medical, salon, or restaurant conversion
    Brick construction with asphalt roof
    Underground or basement parking
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    Mixed-Use Property with Retail Space
    Updated: Jul 22, 2025
    Mixed-Use Property with Retail Space

    18 N SECOND St, Memphis, TN 38103

    $885,000
    9,800 sqft
    9,800‑square‑foot mixed‑use property
    Constructed in 1903
    Retail space included in the property classification
    Located at 18 N SECOND St, Memphis, TN 38103
    Downtown Memphis location near The Peabody Hotel
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    Automotive Showroom with Display Lot
    Automotive Showroom with Display Lot

    2514 MOUNT MORIAH Rd, Memphis, TN 38115

    $1,900,000

    A paved site with vacant-at-closing showroom space offers room for vehicle display and other site uses, subject to approvals.

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    Dollar Tree NNN Retail Property
    Dollar Tree NNN Retail Property

    1246 Lamar Ave, Memphis, TN 38104

    $1,193,000
    8,320 sqft 0.86 AC lot

    Single-tenant retail building at a signalized intersection with parking and Lamar Avenue access.

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    3-Bay Auto Repair Shop
    3-Bay Auto Repair Shop

    2597 LAMAR Ave, Memphis, TN 38114

    $625,000

    Operating automotive service business with retained equipment at a signalized intersection near retail and dining uses.

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    Six-Bay Mixed-Use Property
    Six-Bay Mixed-Use Property

    3393 SUMMER Ave, Memphis, TN 38122

    $1,900,000

    The property has a varied configuration that includes restaurant, office, reception, religious, studio and lounge spaces.

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    Flex Building with Additional Parking
    Flex Building with Additional Parking

    871 S COOPER St, Memphis, TN 38104

    $1,695,000

    Former retail property with a separate land component that supports parking and flexible commercial reuse.

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    Mixed-Use Property with Storefronts
    Mixed-Use Property with Storefronts

    1140 College St, Memphis, TN 38106

    $525,000
    5,310 sqft

    Three commercial units and a rear residence create a multi-part property configuration.

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    Shopping Center with Loading Access
    Shopping Center with Loading Access

    3180 BARRON Ave, Memphis, TN 38111

    $1,175,000

    A grocery tenant occupies one storefront, with other retail space available for leasing.

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    Auto Shop with Paint Shop
    Auto Shop with Paint Shop

    602 W PEEBLES Rd, Memphis, TN 38109

    $400,000

    The property combines an automotive service building with two additional lots under commercial mixed-use zoning.

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    Historic Mixed-Use Property
    Historic Mixed-Use Property

    126 Monroe Ave, Memphis, TN 38103

    $875,000
    10,187 sqft

    Restaurant, retail, and residential components create a flexible downtown commercial configuration.

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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    1400 ELVIS PRESLEY Blvd S, Memphis, TN 38106

    $349,000

    Office and apartment space occupies the upper floor of this freestanding commercial property.

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    Multi-Work-Area Flex Building
    Multi-Work-Area Flex Building

    726 SCOTT St, Memphis, TN 38112

    $250,000

    The building includes several work areas, with space currently leased to two tenants and offered as-is.

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    Freestanding Retail Redevelopment Building
    Freestanding Retail Redevelopment Building

    2029 Union Avenue, Memphis, TN 38104

    $525,000
    7,094 sqft 0.26 AC lot

    Freestanding retail building with redevelopment zoning and strong Union Ave traffic exposure near major Memphis entertainment and retailers.

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    Grocery and Convenience Store Building
    Grocery and Convenience Store Building

    2966 CARNES Ave, Memphis, TN 38111

    $425,000

    Existing commercial structure includes an additional lot and is offered in its current condition.

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    21-Bay Automotive Service Shop
    21-Bay Automotive Service Shop

    5390 FOX PLAZA Dr, Memphis, TN 38115

    $750,000

    Industrial facility with installed equipment supporting tire, customization, tinting, and automotive service operations.

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    Freestanding Retail Building with Offices
    Freestanding Retail Building with Offices

    5685 Quince Road, Memphis, TN 38119

    $2,500,000
    13,416 sqft

    Existing private offices, conference rooms, and open-area workspace support a flexible commercial layout.

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    Auto Shop with Mixed Uses
    Auto Shop with Mixed Uses

    2383 CHELSEA Ave, Memphis, TN 38108

    $315,000

    Established commercial property combines automotive, restaurant, and appliance retail operations in one location.

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    Walgreens NNN Ground Lease
    Walgreens NNN Ground Lease

    1863 Union Ave, Memphis, TN 38104

    $4,760,000
    13,963 sqft 2.29 AC lot

    Corporate-guaranteed NNN ground lease with approximately 49 years remaining through 2074.

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    Spa & Wellness Building
    Spa & Wellness Building

    1586 GETWELL Rd, Memphis, TN 38111

    $125,000

    Existing beauty business offers a base for salon, restaurant, office, or retail conversion.

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    Four-Tenant NNN Retail Center
    Four-Tenant NNN Retail Center

    2094 Frayser Blvd, Memphis, TN 38127

    $524,285
    2,950 sqft

    A fully occupied, multi-tenant retail property with a net-leased structure and four separate occupants.

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    Automotive Property with Two Buildings
    Automotive Property with Two Buildings

    1505 ELVIS PRESLEY Blvd, Memphis, TN 38106

    $1,000,000

    Two-building commercial property currently used for automotive, towing, landscaping, pest control, and repair operations.

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    Flex Space with Roll-Up Doors
    Flex Space with Roll-Up Doors

    4561 Elvis Presley Boulevard, Memphis, TN 38116

    $850,000
    5,988 sqft 0.69 AC lot

    Includes retail, storage, and warehouse areas with private restrooms.

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    Corner Auto Service Shop
    Corner Auto Service Shop

    1622 HAMILTON St, Memphis, TN 38114

    $100,000

    Existing mechanic’s operation occupies a solid structure requiring updates.

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    Memphis, TN Retail Properties & Spaces Market Trends and Statistics

    Explore 129 retail properties & spaces for sale in Memphis, TN, showcased through 129 active listings on our real estate platform. These investment opportunities span a total of 2,646,342 square feet of properties for sale, with an estimated market value of $40,243,185.

    Sale prices for stores in Memphis, TN start at $48,900, averaging $1,006,079, and reaching up to $5,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 102
    Storefront properties 66
    Automotive properties 20
    Auto shops 15
    Showrooms 13

    Demographics Overview

    Population 718K
    Population Growth (5Y) -3.1%
    Median Household Income $61,271
    College Educated 18.4%

    High-Yield Neighborhoods for Investment

    Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38108 $136.3K
    38127 $256K
    38111 $258.3K
    38112 $275K
    38109 $374.5K

    Taxes & Financing

    Tax Rate (average for all types) 5.80%
    Property Tax per SF $85.96 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shelby County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Browse Retail properties & Spaces for Sale Near Memphis, TN

    Popular Searches in Memphis, TN

    Popular Categories

    Most Searched ZIP Codes in Memphis, TN

    • 38104
    • 38103
    • 38128
    • 38111
    • 38115
    • 38116
    • 38117
    • 38106
    • 38114
    • 38127
    • 38122
    • 38125

    Featured Memphis Real Estate Agencies

    Realmo connects you with licensed Memphis CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Reedy & Company, REALTORS
    4701 Summer Ave Memphis, TN 38122
    Phone: (901) 683-4446
    www.reedyandcompany.net
    Hobson Realtors
    5384 Poplar #250 Memphis, TN 38119
    Phone: (901) 761-1622
    www.hobsonrealtors.com
    Crye Leike, Inc.
    6705 Winchester Rd Memphis, TN 38115
    Phone: (901) 550-2891
    www.crye-leike.com
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