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413 Decatur St 4,240 SF Retail Building Memphis, TN 38105 $740,000 ($174.53/SF)

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Investment Highlights

  • 3 spaces that can be used separately or together
  • close to Downtown Memphis

Executive Summary

Versatile mixed-use commercial building located near the heart of downtown Memphis. Zoned Commercial – Mixed Use, this property offers endless possibilities for retail, office, studio, warehouse, event space, or other business uses. The building features three separate interior spaces that can be utilized together by one business or easily divided for multiple tenants. This property leads the way with renovations, and there are current revitalization activities all around the property. Ideal for an owner-occupant or investor seeking flexibility and creative potential in a growing downtown area. With adaptable space and prime zoning—this is an opportunity you don't want to miss. Book your tour today and see for yourself!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,240 SF
Year Built
1950
Price
$740,000
Price Per SF
$174.53
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
C-H
Parking
7 Spaces (1.65 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Conferencing Facility
  • Corner Lot
  • Fenced Lot
  • Security System
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Vab Banquet Hall
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Vab Banquet Hall - - - -

Nearby Major Retailers

Kroger
Crossfit
The YMCA
Truist
Regions Bank
First Horizon Bank
Cadence Bank
Starbucks
Storage Sense
HOTWORX

Property Taxes

Property Taxes

Parcel Number
05-1019-0-0015C
Land Assessment
$7,120
Improvements Assessment
$33,920
Total Assessment
$41,040
  • Listing ID: 39629450

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 413 Decatur St, Memphis, TN 38105

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