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463 N Front St - Downtown Memphis Prestige Retail Opportunity 0.51 Acres of Commercial Land Offered at $1,595,981 CAD in Memphis, TN 38105

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Investment Highlights

High-visibility corner lot at Front Street and A.W. Willis Street in Downtown Memphis.
Surrounded by major redevelopment projects and cultural institutions.
Suitable for hotel, retail, or mixed-use development.

Approximately 0.509 acres with strong frontage and accessibility.
Close proximity to St. Jude, Beale Street, and the Memphis Riverfront.
Located near the Renasant Convention Center and major hospitality nodes.

Executive Summary

This offering presents a rare opportunity to acquire a high-profile corner parcel in the heart of Downtown Memphis. Located at the first stoplight off Mud Island, the site is positioned at the intersection of Front Street and A.W. Willis Street, providing exceptional visibility and access. The property is surrounded by major redevelopment activity, including new housing projects led by St. Jude, revitalization along Front Street and Beale Street, and proximity to the Memphis Riverfront.
The parcel is within walking distance of hotels, the Renasant Convention Center, and a new Chick-fil-A, making it an attractive location for mixed-use development. Nearby projects such as the Brooks Museum relocation, Memphis Mobility Center, and Riverfront Park further enhance the area’s growth trajectory. This site is well-suited for hotel, retail, or other high-visibility uses, offering investors and developers a chance to participate in Memphis’ ongoing urban renaissance.

Property Facts

Price	$1,595,981 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Apartment Units Bank Fast Food Hotel Parking Garage Restaurant Storefront, Retail or Office
No. Lots	1	Total Lot Size	0.51 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IH - Central Business Improvement District

Price	$1,595,981 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Apartment Units Bank Fast Food Hotel Parking Garage Restaurant Storefront, Retail or Office
Total Lot Size	0.51 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IH - Central Business Improvement District

1 Lot Available

Lot

Price	$1,595,981 CAD	Lot Size	0.51 AC
Price Per AC	$3,129,375.47 CAD

Price	$1,595,981 CAD
Price Per AC	$3,129,375.47 CAD
Lot Size	0.51 AC

The property is a vacant land parcel located at the intersection of Front Street and A.W. Willis Street in Downtown Memphis.

Description

The property is a vacant land parcel located at the intersection of Front Street and A.W. Willis Street in Downtown Memphis. It measures approximately 0.509 acres and is positioned near the Renasant Convention Center and Bass Pro Shops at the Pyramid. The site is adjacent to major roadways and is within a district undergoing significant redevelopment, including residential, cultural, and mobility projects.

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