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    Memphis, TN Storefront Properties for Sale

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    Southaven, MS Olive Branch, MS Horn Lake, MS Nesbit, MS Walls, MS Piperton, TN Lake Cormorant, MS Jackson, MS
    19 properties
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    Stand-Alone Commercial Building Opportunity
    Updated: Oct 24, 2025
    Stand-Alone Commercial Building Opportunity

    2063 Castex St, Memphis, TN 38109

    $149,000
    1,200 sqft
    For sale or lease - flexible terms offer multiple investment strategies.
    Stand‑alone commercial structure - enjoy full control with no shared walls.
    Value‑add and repositioning potential - opportunity for future appreciation.
    Affordable entry point - priced below replacement cost.
    Private parking & driveway access.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2063 Castex St, Memphis, TN 38109

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $12K
      Annual

    • Mortgage

      $15K
      Aug 2013

    • Last Sold

      Sep 2019
      $12K

    • Property Type

      Retail Stores
      Built 1970
    View Property Analytics
    Unique Commercial Store/House Combo
    Updated: Apr 1
    Unique Commercial Store/House Combo

    1720 HUNTER Ave, Memphis, TN 38108

    $107,000
    Commercially zoned property offering store/house combination.
    Operational store with a long‑term tenant and multi‑year lease in place.
    Untapped potential in the heart of North Memphis.
    One side of the property is down to the studs, offering a blank canvas for customization.
    Unique property type.
    View details
    Five-Bay Strip Center
    Five-Bay Strip Center

    3173 HWY 61 S THIRD ST. Ave, Memphis, TN 38109

    $349,000

    Five-bay strip center offered for sale, needing restoration and renovation for an investor or operator.

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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Former IHOP Restaurant Building
    Former IHOP Restaurant Building

    1277 East Shelby Drive, Memphis, TN 38116

    $1,200,000
    4,022 sqft

    Former IHOP with multiple access points and strong corridor visibility for restaurant or retail redevelopment.

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    Retail Site with Two Structures
    Retail Site with Two Structures

    5245 Poplar Avenue, Memphis, TN 38119

    $1,950,000
    4,606 sqft

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

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    Retail Storefront Property
    Retail Storefront Property

    5149 WHEELIS DR, Memphis, TN 38117

    $1,000,000
    6,450 sqft

    For sale retail storefront building offering a dedicated commercial space in Memphis.

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    Retail
    Retail

    3257-3265 N Watkins St, Memphis, TN 38127

    $400,000
    8,900 sqft

    Strip malls · 8,900 SF

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    Retail Storefront Space
    Retail Storefront Space

    3635 LAMAR AVE, Memphis, TN 38118

    $275,000
    1,924 sqft

    For-sale retail property offering flexible space for a storefront-oriented business in Memphis.

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    Madison Avenue Retail Opportunity
    Madison Avenue Retail Opportunity

    1200 Madison Ave, Memphis, TN

    $400,000
    2,676 sqft 0.06 AC lot

    Retail property on high-traffic Madison Avenue, Memphis.

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    Flex Warehouse with Office Space
    Flex Warehouse with Office Space

    2635 Union Avenue Extended, Memphis, TN 38112

    Contact for pricing
    5,356 sqft 0.97 AC lot

    Well-maintained flex building with office and 19’ clear height warehouse space for light industrial or distribution uses.

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    Retail Space Near Kroger
    Retail Space Near Kroger

    8079 Trinity Rd, Memphis, TN

    $700,000
    868 sqft 1.21 AC lot

    Retail space for sale in prime location near Kroger.

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    Free-Standing Retail Building on Poplar
    Free-Standing Retail Building on Poplar

    2870 Poplar Ave, Memphis, TN

    $999,000
    6,300 sqft 0.48 AC lot

    6,300 SF retail building in prime location for sale.

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    Freestanding Building on Airways Boulevard
    Freestanding Building on Airways Boulevard

    2360 Airways Blvd, Memphis, TN 38114

    $475,000
    9,369 sqft 1.26 AC lot

    9,369 SF building on 1.26 acres, built in 2012.

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    Renovated Former Macy's For Sale
    Renovated Former Macy's For Sale

    1300 Southland Mall, Memphis, TN 38116

    $6,000,000
    148,249 sqft

    147,900 SF renovated retail space near Southland Mall.

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    Retail Strip Center Storefront
    Retail Strip Center Storefront

    8385 Us Highway 64, Memphis, TN 38133

    Contact for pricing

    Ground-floor retail suites are available along Highway 64, supported by strong nearby mall co-tenancy.

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    Prime Commercial Property in EDGE
    Prime Commercial Property in EDGE

    433 Madison Ave, Memphis, TN 38103

    Contact for pricing

    Unparalleled commercial property in Downtown Memphis' vibrant EDGE district.

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    Prime Commercial Property in EDGE
    Prime Commercial Property in EDGE

    433 Madison Ave, Memphis, TN 38103

    Contact for pricing

    Unparalleled commercial property in Downtown Memphis' vibrant EDGE district.

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    Retail Space in Memphis, TN
    Retail Space in Memphis, TN

    2985-2989 Lamar Ave, Memphis, TN

    Contact for pricing
    12,000 sqft 2.93 AC lot

    24,806 SF building ideal for retail investment.

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Memphis, TN, we suggest to view alternatives - similar 12 Off-Market properties to explore as potential leads.

    Off-Market Properties in Memphis, TN

    Consider similar Off-Market properties in Memphis, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    590 Germantown Pkwy
    Individual retail properties

    590 Germantown Pkwy, Memphis, TN 38018

    Value Estimation by Request
    35,767 sqft
    View details
    Airport Business Park
    Individual retail properties

    0 Airport Business Park, Memphis, TN 38118

    Value Estimation by Request
    235,000 sqft
    View details
    1300 Southland Mall
    Lifestyle centers

    1300 Southland Mall, Memphis, TN 38116

    Value Estimation by Request
    148,249 sqft 12.48 AC lot
    View details
    8130 Macon Sta At Cordova Sta
    Individual retail properties

    8130 Macon Sta At Cordova Sta, Memphis, TN 38018

    Value Estimation by Request
    28,130 sqft
    View details
    715 Brookhaven Cir
    Individual retail properties

    715 Brookhaven Cir, Memphis, TN 38117

    Value Estimation by Request
    3,927 sqft
    View details

    Memphis, TN Storefront Properties Market Trends and Statistics

    Explore 31 storefront properties for sale in Memphis, TN, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 201,658 square feet of properties for sale, with an estimated market value of $14,073,000.

    Sale prices for retail units in Memphis, TN start at $149,000, averaging $1,172,750, and reaching up to $6,000,000 — 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 144
    Storefront properties 36
    Automotive properties 26
    Auto shops 14
    Showrooms 9

    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
    38111 $160K
    38109 $249K
    38108 $253.5K
    38118 $275K
    38127 $400K

    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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    Most Searched ZIP Codes in Memphis, TN

    • 38103
    • 38104
    • 38109
    • 38116
    • 38108
    • 38112
    • 38114
    • 38117
    • 38118
    • 38119
    • 38127

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