True
Space Available For Lease 1
24 S. Main St |
James McCraw, CCIM
NAI Saig Company |
Contacts
NAI Saig Company
Property Details
- Property Type Retail - Street Retail
- Property Size 14,877 SF
- Lot Size 0.08 Acre
- Building Class C
- Year Built 1910
- Date Updated May 20, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- Additional 3,000 SF basement space available
- Approximately 3,000 SF of street-level retail space available
- Basement previously operated as a thrift store and offers flexible storage, lounge, prep, retail, or entertainment potential
- Historic character with opportunity for a unique interior buildout
- Historic former home of the iconic The Peanut Shoppe
- Ideal opportunity for a restaurant, bar, café, cocktail lounge, or experiential retail concept.
- Prime Downtown Memphis location at 24 South Main Street
- Rare opportunity to lease a landmark Downtown Memphis retail location with built-in residential synergy
- Redeveloped mixed-use property with residential apartments on the 2nd and 3rd floors
- Walkable location with strong pedestrian activity and nearby parking options
Attachments
Getting around
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94/100
Walk Score ®
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52/100
Transit Score ®
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89/100
Bike Score ®
Location
- City Memphis, TN
- Neighborhood Downtown Memphis
- Zip Code 38103
- Market Memphis
Points of Interest
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Madison
0.04 miles
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South Court
0.10 miles
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Union
0.10 miles
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North Court
0.15 miles
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Union Avenue
0.19 miles
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Jefferson
0.21 miles
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Peabody Place
0.21 miles
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Jefferson Avenue
0.22 miles
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Third Street
0.23 miles
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Beale Street
0.30 miles
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Valero
1.05 miles
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Exxon
1.34 miles
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Mobil
1.40 miles
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BP
2.09 miles
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Citgo
2.19 miles
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Kroger
2.24 miles
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ChargePoint
9.23 miles
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First Place Parking
0.05 miles
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One Commerce Square Garage
0.09 miles
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60 Madison Ave
0.10 miles
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First Tennessee Bank Parking Garage
0.12 miles
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Parking Can Be Fun
0.12 miles
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Riverside Parking Garage
0.13 miles
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Toyota Center Parking Garage
0.17 miles
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100 North Main Parking Garage
0.25 miles
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Comfort Inn Downtown
0.25 miles
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Hilton Garden Inn Lot
0.25 miles
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Blue Plate Cafe
0.09 miles
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Charles Vergos' Rendevous
0.11 miles
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Huey’s
0.12 miles
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Peabody Corner Bar
0.13 miles
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Front Street Deli
0.14 miles
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Capriccio Grill
0.17 miles
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Chez Philippe
0.17 miles
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downtown Chinese bistro
0.18 miles
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Texas De Brazil
0.19 miles
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big ono bake shop
0.19 miles
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Peabody Place
0.24 miles
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Cordelia's Market
1.15 miles
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Viet Hoa Food Market
2.12 miles
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Kroger
2.16 miles
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Cash Saver
2.63 miles
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The Fresh Market
3.66 miles
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Superlo Foods
4.55 miles
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ALDI
6.09 miles
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High Point Terrace Shopping Center
6.52 miles
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High Point Grocery
6.52 miles
24 S Main St Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
24 S Main St is located in Downtown Memphis, which is home to a total of 18 listing(s). The rent for retail space at 24 S Main St is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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The property includes 3,000 square feet of retail space for lease. Of this total, 3,000 square feet are Street Retail.
Lease agreement conditions for the availability at this property include Modified Gross.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Memphis is 36. The average household income here is $34,015 per year.
NAI Saig Company