901-362-4306
409 S Main St, Memphis, TN for Sale
Retail - FOR SALE
1/16
null | Request Cap Rate

409 S Main St
Memphis, TN 38103
South Main


HIGHLIGHTS

  • 409 S Main Street presents a three-story, 35,000-square-foot retail and mixed-use building, formerly operated as a speakeasy bar and lounge.
  • Highly visible and easily accessible on a 0.19-acre corner parcel at the heavily trafficked intersection of S Main Street and Huling Avenue.
  • Floors range from total shell condition to turnkey bar and wedding venue space for immense cash-cow potential via multi-rental income streams.
  • Over $500,000 has been invested in CapEx to update the interior and offer different space buildouts and operations.
  • S Main Street is a lively retail and specialty corridor in downtown, and the building is off the MATA commuter rail line for high foot traffic.
  • Building has a capacity for 110 people, and some eclectic décor and furniture are available at an additional cost.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Value-Add Mixed-Use/ Event Building

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

IL

APN/PARCEL ID

00-2105-0-0003

ASK ABOUT THIS PROPERTY

Landon WilliamsCushman Wakefield | Commercial Advisors, LLCMore Info
901-362-4306

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Landon WilliamsCushman Wakefield | Commercial Advisors, LLCMore Info
901-362-4306

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.