502 S Main St
Memphis, TN 38103
Office Property For Sale

Colliers International Memphis is pleased to present this fully-renovated mixed-use property at 502 S. Main Street, Memphis, TN. Located in the heart of the South Main Historic Arts District in Downtown Memphis, this one-of-a-kind property boasts a street-level commercial space as well as two spacious, fully-furnished apartments that are currently rented as Airbnb’s. This row-house style building was originally developed in 1913 and was most recently renovated in 2017. South Main is a superb location for tourists and locals alike - there are many nearby coffee shops, restaurants, bars, gyms, etc. This property is adjacent to the National Civil Rights museum, a trolley stop, and is in walking distance to Beale Street, FedEx Forum and the rest of Downtown Memphis. Be sure not to miss this rare opportunity to purchase a turn-key, income producing property on South Main. Features: -Commercial Space: -Open office area -Two private offices -Full kitchen/breakroom -Street facing storefront -Updates include the restroom, all new electrical, new floors, a new bathroom and a new kitchen/breakroom. -Apartments: Apartment 1: 2 bedroom, 2.5 bath - Apartment 2: 3 bedroom, 3 bath -Leased through Airbnb and VRBO/HomeAway; Has existing bookings and experienced housekeeper -Fully furnished including all appliances -Both apartments have access to South Main and rear parking area