Price of Retail Space for Lease at 400 S Main St

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. 400 S Main St is located in Downtown Memphis, which is home to a total of 25 listing(s). The rent for retail space at 400 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.

Type of Retail Space for Lease at 400 S Main St

The property includes 8,800 square feet of retail space for lease. Of this total, 2,300 square feet are Street Retail, 6,500 square feet are 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.

Amenities and Perks of Leasing Retail Space at 400 S Main St

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.

400 S Main St, Memphis, TN 38103 | CommercialSearch.com

Space Available For Lease 2

400 S Main Street

Space Type Street Retail
Lease Rate Contact for pricing
Total Space Available 2,300 SF
Photos
Divisible Space 2,300 - 2,300 SF
Available Date Immediate
Lease Type Modified Gross
Renewal Option Yes
Sublease No

Located on the ground floor of The Rambler, an 18-unit boutique hotel, this 2,300-square-foot retail opportunity offers prime street frontage along South Main in the heart of Downtown Memphis’ vibrant South Main Arts District. The space features high ceilings throughout and offers flexibility to accommodate multiple users or concepts through potential subdivision. Surrounded by locally owned shops, restaurants, entertainment venues, and cultural destinations, the property benefits from exceptional visibility and a highly walkable setting with convenient access to Downtown Memphis hotels, museums, dining destinations, and major attractions.

James McCraw, CCIM

NAI Saig Company

400 S Main Street

Space Type Retail
Lease Rate Contact for pricing
Total Space Available 6,500 SF
Photos
Divisible Space 6,500 - 6,500 SF
Available Date Immediate
Lease Type Modified Gross
Renewal Option Yes
Sublease No

Located on the ground floor of The Rambler, an 18-unit boutique hotel, this 6,500-square-foot outdoor pool patio presents a unique hospitality opportunity in the heart of Downtown Memphis’ South Main Arts District. The space offers the potential to operate an outdoor pool patio and cabana concept with bar service and light food offerings for both hotel guests and the public. The opportunity also includes access to event space, with ownership open to either a traditional fixed lease structure or a management agreement. Positioned within one of Memphis’ most vibrant and walkable districts, the property is surrounded by locally owned shops, restaurants, entertainment venues, and cultural destinations, with convenient access to hotels, museums, dining, and attractions throughout Downtown Memphis.

James McCraw, CCIM

NAI Saig Company

Contacts

James McCraw, CCIM

NAI Saig Company

Property Details

Property Type Retail - Street Retail
Property Size 2,300 SF
Units 1
Lot Size 0.39 Acre
Building Class A
Year Built 1900
Date Updated Jun 14, 2026

Located in the revitalized South Main Arts District, home to dozens of locally owned shops and restaurants. Walking distance from countless restaurants, hotels, shops, museums, and points of interest in Downtown Memphis.Located at The Rambler, an 18-unit boutique hotel in the heart of Downtown Memphis’ South Main Arts District, this unique opportunity offers flexible ground-floor retail and hospitality space in one of the city’s most vibrant and walkable neighborhoods. Up to 2,300 square feet of retail space is available with prime South Main frontage, high ceilings, and the potential to subdivide for multiple users or concepts. Additionally, a 6,500-square-foot outdoor pool patio and cabana space presents a rare opportunity for bar service and light food offerings catering to both hotel guests and the public. Surrounded by locally owned restaurants, shops, entertainment venues, and cultural attractions, the property benefits from exceptional visibility and convenient access to Downtown Memphis hotels, museums, dining destinations, and entertainment hubs.

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Highlights

6,500 SF outdoor pool patio and cabana opportunity with potential for bar service and light food offerings for hotel guests and the public
Up to 2,300 SF of retail space available with prime South Main frontage, high ceilings, and potential to subdivide for multiple users or concepts

Attachments

Getting around

85/100
Walk Score ®
46/100
Transit Score ®
74/100
Bike Score ®

Powered by Walk Score ®

City Memphis, TN
Neighborhood Downtown Memphis
Zip Code 38103
Market Memphis

Points of Interest

Huling

0.03 miles
Butler

0.12 miles
Huling Avenue

0.20 miles
Central Station

0.22 miles
Dr. Martin Luther King, Jr.

0.25 miles
Beale Street Landing

0.33 miles
Beale Street

0.39 miles
Peabody Place

0.47 miles
Union Avenue

0.57 miles

Exxon

0.68 miles
Mobil

0.79 miles
Valero

1.36 miles
BP

2.44 miles
Kroger

2.58 miles
Citgo

2.59 miles
ChargePoint

9.38 miles

The Lofts at South Bluff Parking

0.29 miles
Beale Street Landing

0.30 miles
FedEx Forum Parking Garage

0.38 miles
AutoZone Store Support Center Parking Garage

0.45 miles
Peabody Place Parking Garage

0.53 miles
Parking Can Be Fun

0.56 miles
Hilton Garden Inn Lot

0.59 miles
One Commerce Square Garage

0.62 miles
Riverside Parking Garage

0.63 miles
First Tennessee Bank Parking Garage

0.70 miles

Spindini's

0.04 miles
The Slider Inn

0.07 miles
Central BBQ

0.12 miles
Bedrock Eat & Sweets

0.14 miles
The Green Beetle

0.14 miles
Pontotoc Lounge

0.16 miles
Double J's

0.17 miles
Rizzo's Diner

0.18 miles
Spaghetti Warehouse

0.18 miles
Evergreen Grill

0.18 miles

Peabody Place

0.50 miles
Cordelia's Market

1.79 miles
Viet Hoa Food Market

2.39 miles
Kroger

2.53 miles
Cash Saver

2.89 miles
The Fresh Market

3.85 miles
Superlo Foods

4.46 miles
ALDI

5.97 miles
High Point Terrace Shopping Center

6.82 miles
High Point Grocery

6.82 miles

400 S Main St Listing Brief

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.

400 S Main St is located in Downtown Memphis, which is home to a total of 25 listing(s). The rent for retail space at 400 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.
The property includes 8,800 square feet of retail space for lease. Of this total, 2,300 square feet are Street Retail, 6,500 square feet are 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.
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.

400 S Main St