Retail

Memphis, TN Retail Space for Sale

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Southaven, MS Olive Branch, MS Horn Lake, MS Walls, MS Lake, MS Nesbit, MS Piperton, TN Lake Cormorant, MS
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Retail Condominium Space in Mixed-Use Community
Updated: May 3
Retail Condominium Space in Mixed-Use Community

2135 Merchants Row, Germantown, TN 38138

$350,000
2,508 sqft 0.17 AC lot
Retail condominium unit within an attached mixed‑use business condominium community
0.165‑acre lot with 2,508 square feet of retail space
Commercial zoning with stated potential for office, medical, salon, or restaurant
Brick construction with asphalt roof
Electric forced‑air heating
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2135 Merchants Row, Germantown, TN 38138

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Mixed-Use Corner Retail Building
Updated: Jul 21
Mixed-Use Corner Retail Building

871 S COOPER St, Memphis, TN 38104

$1,695,000
Year built: 1977 building in the Cooper/Young area
Former retail store building, with space that could be adapted for a range of uses
Includes an additional piece of land at the other corner of S. Cooper Street and Nelson Avenue
Offered for lease as well as acquisition
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Auto Shop Property with Second Building
Auto Shop Property with Second Building

2408 LAMAR Ave, Memphis, TN 38114

$300,000

Two Lamar Avenue properties include an identified auto body shop and a second building described for several commercial uses.

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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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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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Renovated Retail Space
Renovated Retail Space

1109 SPRINGDALE St, Memphis, TN 38108

$55,000

Updated electrical, refreshed restrooms, and a fully reworked interior support a range of commercial uses.

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Historic Storefront Property
Historic Storefront Property

29 S FLORENCE St, Memphis, TN 38104

$190,000

Established Memphis commercial property associated with Mr. Lincoln’s Costume Shop and offered in its current condition.

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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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New Retail Suites With HVAC
New Retail Suites With HVAC

9789 US 64 Hwy, Memphis, TN 38002

Contact for pricing

Four modern commercial suites offer flexible occupancy options with on-site parking for customers and employees.

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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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Two-Story Freestanding Flex Facility
Two-Story Freestanding Flex Facility

299 North Cleveland Street, Memphis, TN 38104

$3,200,000
41,945 sqft

Two-story freestanding property combining retail, showroom, and warehouse/distribution space with on-site parking.

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Open Retail Space
Open Retail Space

2390 Lamar Avenue, Memphis, TN 38114

$135,000
2,400 sqft

Broad commercial interior with two private restrooms and access from Lamar Avenue.

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Retail Building on Summer Avenue
Retail Building on Summer Avenue

5240 Summer Avenue, Memphis, TN 38122

Contact for pricing
10,000 sqft 1.05 AC lot

10,000 SF retail building on 1.05 acres for sale.

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Mixed-Use Property
Mixed-Use Property

126 Monroe Avenue, Memphis, TN 38103

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10,187 sqft

Mixed-use commercial property in downtown Memphis with a central Monroe Avenue address.

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Renovation Retail Center Opportunity
Renovation Retail Center Opportunity

8355 US-64, Memphis, TN 38133

Contact for pricing
9,928 sqft

A 9,928 SF retail center offered for renovation, with potential for drive-through or single-tenant use.

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Large-Scale Retail Building
Large-Scale Retail Building

6140 Macon Rd, Memphis, TN 38134

Contact for pricing
83,731 sqft

Former anchor-format retail property with substantial space for retail, entertainment, showroom, or mixed-use applications.

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Breakfast & Diner Property
Breakfast & Diner Property

4458 Elvis Presley Boulevard, Memphis, TN 38116

Contact for pricing
1,454 sqft

Built in 2017, this restaurant-oriented property offers a defined commercial setting within an established Memphis trade area.

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Big-Box Shopping Center Space
Big-Box Shopping Center Space

4744 Spottswood Ave, Memphis, TN 38117

Contact for pricing
43,090 sqft

Large-format retail space with on-site parking and established neighboring businesses.

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Memphis Retail Building with Drive-Thru
Memphis Retail Building with Drive-Thru

3500 Ramill Rd, Memphis, TN 38128

Contact for pricing
11,122 sqft 1.84 AC lot

11,122 SF retail building on 1.84 acres with drive-thru.

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Freestanding Downtown Redevelopment Building
Freestanding Downtown Redevelopment Building

122 S Main St, Memphis, TN 38103

Contact for pricing
52,684 sqft

Freestanding building with ground-floor retail and two additional floors, including underground parking, ideal for redevelopment.

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Freestanding Storefront Property
Freestanding Storefront Property

6645 E Shelby Drive, Memphis, TN 38141

Contact for pricing
6,828 sqft 0.89 AC lot

Occupied retail building on a 0.89-acre commercial-agricultural parcel in Southeast Memphis.

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Retail Site with Two Structures
Retail Site with Two Structures

5245 Poplar Avenue, Memphis, TN 38119

Contact for pricing
4,606 sqft

Two retail structures on 188' of Poplar Avenue frontage for flexible CMU1 commercial use.

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Fully Renovated Mixed-Use Opportunity
Fully Renovated Mixed-Use Opportunity

981 Cooper St, Memphis, TN 38104

Contact for pricing
4,000 sqft

Fully renovated 4,000 SF property offers flexible retail, restaurant, or office space with on-site secured parking.

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

4561 Elvis Presley Boulevard, Memphis, TN 38116

Contact for pricing
5,988 sqft 0.69 AC lot

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

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Memphis, TN Retail Space Market Trends and Statistics

Explore 155 retail space for sale in Memphis, TN, showcased through 155 active listings on our real estate platform. These investment opportunities span a total of 2,044,969 square feet of properties for sale, with an estimated market value of $25,675,285.

Sale prices for retail space in Memphis, TN start at $55,000, averaging $1,069,803, 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 172
Storefront properties 120
Automotive properties 44
Auto shops 27
Grocery and convenience stores 20

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 $60K
38114 $150K
38106 $195.9K
38103 $885K
38104 $1.2M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Shelby County

Residential Income

Property Size Breakdown

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

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