409 S Main St | Memphis, TN 38103
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- LoopNet Team
409 S Main St
Memphis, TN 38103
Downtown Value-Add Mixed-Use/ Event Building · Retail Property For Sale
INVESTMENT 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.
- Floors range from total shell condition to turnkey bar and wedding venue space for immense cash-cow potential via multi-rental income streams.
- 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.
- Highly visible and easily accessible on a 0.19-acre corner parcel at the heavily trafficked intersection of S Main Street and Huling Avenue.
- Over $500,000 has been invested in CapEx to update the interior and offer different space buildouts and operations.
- Building has a capacity for 110 people, and some eclectic décor and furniture are available at an additional cost.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Building Size
35,000 SF
Building Class
B
Year Built
1910
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Loading Docks
1 Exterior
Slab To Slab
12’
Building FAR
4.23
Lot Size
0.19 AC
Parcel Numbers
Zoning
IL
Parking
5 Spaces (0.14 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Commuter Rail
- Signage
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
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STREET
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