- For Sale $875,000
- Property Type Retail - Street Retail
- Property Size 10,187 SF
- Lot Size 0.03 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1890
- Date Updated Sep 16, 2026
Description
Located in the heart of Downtown Memphis near Court Square and Main StreetPrime Downtown Memphis Investment Opportunity For SaleDowntown Memphis Retail Space For Lease
Highlights
- 1,000 SF street-level retail storefront with excellent visibility
- 3,000 SF second-generation restaurant with existing restaurant infrastructure
- Asking Price: $875,000
- Historic Downtown architecture with character and charm
- Ideal opportunity for owner-user or investor
- Located in the heart of Downtown Memphis near Court Square and Main Street
- Multiple revenue sources from retail, restaurant, and residential uses
- Opportunity to capitalize on continued Downtown Memphis redevelopment
- Prime Downtown Memphis Investment Opportunity For Sale
- Property Addresses: 126 and 128 Monroe Ave and 25 S Second Street
- Significant value-add opportunity through lease-up and renovations
- Suitable for restaurant, retail, entertainment, mixed-use, or live/work concepts
- Total SF: 10,187 SF
- Two value-add apartment units with upside potential
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Contacts
James McCraw, CCIM
NAI Saig Company
Location
Located at 126 Monroe Ave, Memphis, TN 38103, this property is part of the Downtown Memphis neighborhood and Memphis market.
Contact Listing Broker
James McCraw, CCIM
NAI Saig Company
