Log In/Sign Up
Your email has been sent.
491 S Main St
Memphis, TN 38103
Retail Property For Sale
Investment Highlights
- Rare Redevelopment Opportunity
- Walking Distance to all Downtown amenities
- Steps from the Amtrak Rail Station
- In the heart of the South Main District
- Heavy Foot Traffic
Executive Summary
PRICE REDUCED to $1,345,000!! This is a rare opportunity to own in the South Main Historical District of Memphis, TN. 491 S. Main is a prime redevelopment opportunity that includes an extra rare option for on-site parking. The building was recently improved with a new roof, wood replacement, and elevator work as well as boasting a sprinkler system throughout. This site would be great for a number of different uses including apartments, office, restaurant space, retail, or a small, boutique hotel. The adjacent lot provides flexibility that you just can't find in this area right now.
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
14,000 SF
Building Class
C
Year Built
1925
Price
$1,345,000
Price Per SF
$96.07
Tenancy
Multiple
Building Height
4 Stories
Loading Docks
1 Exterior
Building FAR
1.15
Lot Size
0.28 AC
Zoning
SM - South Main Historical District - this zoning allows for a multitude of uses such as multifamily, office, hotels, residential, and retail.
Parking
1 Spaces (0.07 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Commuter Rail
- Security System
- Signage
Property Taxes
| Parcel Number | 00-2107-0-0006 | Improvements Assessment | $0 |
| Land Assessment | $70,560 | Total Assessment | $70,560 |
Property Taxes
Parcel Number
00-2107-0-0006
Land Assessment
$70,560
Improvements Assessment
$0
Total Assessment
$70,560
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
