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Investment Highlights

  • Multi-tenancy (optional)
  • Centrally located near downtown restaurants, shopping and galleries
  • 3,000± SF of basement storage
  • Includes adjacent lot (18 parking spaces)

Executive Summary

Don't miss this opportunity to bid on a bank-owned historic commercial building in Memphis, Tennessee. This impressive ±10,000 SF retail/office property offers character, flexibility, and excellent potential for investors, business owners, or redevelopment. Whether you're looking to expand your portfolio or establish a presence in a prime Memphis location, this is an opportunity worth exploring. Online bidding ends August 18.
Bid Now - https://www.7hauctions.com/
The advertised price is a placeholder for MLS/search visibility. The property is being offered at auction, where the final sale price will be determined by the highest bid.
Seven Hills Auctions, LLC / William C. Lee III, Broker In Charge
Auction License: TN: 7182, GA: AU-C003134, GA :AU-003505, FL: AB3765, FL: AU4335, AL:C-253, AL: A5495, MS-A1613, LA-AB513, LA-2111
Real Estate License: GA-77326, GA-319468, FL-CQ1057830, FL: BK3266710, AL: 000147503, AL: 000144572, MS: 24292 , SC-REL.140231 BIC
Tennessee Properties Selling in Association with Morris Realty & Auction: TN#5248, TN#213238
South Carolina Auction License SC#4901. Brett Taylor, Licensed Auctioneer
Texas Properties Selling in Association with Riata Real Estate #9016677-BB, David Coleman TREC #530027-B, Texas Auction License #13489 and The Kossev Group LLC #9009057, Veselin Kossev, TREC #550087,
Illinois Properties Selling in Association with Rick Levin & Associates, INC

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
10,500 SF
Building Class
B
Year Built/Renovated
1900/1995
Price
$400,000
Price Per SF
$38.10
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,250 SF
Building FAR
3.01
Lot Size
0.08 AC
Zoning
SM
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 00-2118-0-0006
  • 00-2118-0-0007
Land Assessment
$94,600
Improvements Assessment
$264,040
Total Assessment
$358,640
  • Listing ID: 34213595

  • Date on Market: 12/16/2024

  • Last Updated:

  • Address: 390 S Main St, Memphis, TN 38103

Contact the Sale Advisor

390 S Main St

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