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372 S Main St 12,470 SF Vacant Retail Building Memphis, TN 38103 $3,250,000 ($260.63/SF)

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EXECUTIVE SUMMARY

Corner Building on South Main Street. 2 stories 14,000 sf on 40 x 175 Lot. Leaseable Area is 12,470 sf. All spaces are currently vacant so this property could be purchased for full owner occupancy, partial owner occupancy or tenant occupancy. Available Spaces: (Space 101 - 3385 sf)(Space 102 - 2875 sf ) (Space 201 - 3410 sf) (Space 202 - 2800 sf)
See attached projected Rents proforma and Floorplan.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,470 SF
Building Class
C
Year Built
1905
Price
$3,250,000
Price Per SF
$260.63
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.56
Lot Size
0.51 AC
Zoning
SMSD - Mixed Used
Parking
7 Spaces (0.56 Spaces per 1,000 SF Leased)
Frontage
40’ on Main St

AMENITIES

  • Bus Line
  • Commuter Rail
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
  • Jan 0000

We offer indoor axe throwing sessions for groups and individuals in multiple cities and states around the country, with new locations coming soon! We offer an exciting, and unique activity that’s fun for serious competition or for a simple girls’ or guys’ night out. We think that anyone would enjoy a rewarding and sport like axe throwing. Beforehand, our trained instructors (AXEPERTS) will teach you proper technique to ensure your safety and fun for your entire session. Please see rules and restrictions prior to booking your experience with us. Never participated in axe throwing before? It’s an incredibly fun, safe sport that is easy to learn and great for group occasions! Whether for birthdays, a night out with friends, team building activities or family outings – throwing axes is a great way to have a fantastic time! You could get serious and compete in competitions or just take it easy and have a beer with friends — most locations are BYOB!

  • Memphis Spine & Sport
  • Professional, Scientific, and Technical Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Arts, Entertainment, and Recreation - - - Jan 0000
Memphis Spine & Sport Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 101
  • 3,335 SF
  • Retail
  • -
  • Now
  • 102
  • 2,875 SF
  • Retail
  • -
  • Now

Former Civil Axe Bar has a small kitchen.

  • 201
  • 3,410 SF
  • Retail
  • -
  • Now

Reduced rate for unfinished 2nd floor space overlooking the South Main Arts District

Space Size Space Use Position Available
101 3,335 SF Retail - Now
102 2,875 SF Retail - Now
201 3,410 SF Retail - Now

101

Size
3,335 SF
Space Use
Retail
Position
-
Available
Now

102

Size
2,875 SF
Space Use
Retail
Position
-
Available
Now

201

Size
3,410 SF
Space Use
Retail
Position
-
Available
Now

101

Size 3,335 SF
Space Use Retail
Position -
Available Now

102

Size 2,875 SF
Space Use Retail
Position -
Available Now

Former Civil Axe Bar has a small kitchen.

201

Size 3,410 SF
Space Use Retail
Position -
Available Now

Reduced rate for unfinished 2nd floor space overlooking the South Main Arts District

Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Simmons Bank
Lenny’s Grill & Subs
Hard Rock Cafe
Texas de Brazil
Shred415
Starbucks
Regions Bank
First Horizon Bank
Checkers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-2118-0-0001
Land Assessment
$61,480
Improvements Assessment
$559,160
Total Assessment
$620,640
  • Listing ID: 39026422

  • Date on Market: 1/9/2026

  • Last Updated:

  • Address: 372 S Main St, Memphis, TN 38103

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