Contacts
NAI Saig Company
Property Details
- Property Type Retail - Street Retail
- Property Size 10,187 SF
- Lot Size 0.03 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1890
- Date Updated Aug 4, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 1,000 SF street-level retail storefront with excellent visibility
- 3,000 SF second-generation restaurant with existing restaurant infrastructure
- Asking Price: $875,000
- Historic Downtown architecture with character and charm
- Ideal opportunity for owner-user or investor
- Located in the heart of Downtown Memphis near Court Square and Main Street
- Multiple revenue sources from retail, restaurant, and residential uses
- Opportunity to capitalize on continued Downtown Memphis redevelopment
- Prime Downtown Memphis Investment Opportunity For Sale
- Property Addresses: 126 and 128 Monroe Ave and 25 S Second Street
- Significant value-add opportunity through lease-up and renovations
- Suitable for restaurant, retail, entertainment, mixed-use, or live/work concepts
- Total SF: 10,187 SF
- Two value-add apartment units with upside potential
Getting around
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95/100
Walk Score ®
-
51/100
Transit Score ®
-
88/100
Bike Score ®
Location
- City Memphis, TN
- Neighborhood Downtown Memphis
- Zip Code 38103
- Market Memphis
Points of Interest
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Madison
0.07 miles
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Union
0.11 miles
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South Court
0.12 miles
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North Court
0.17 miles
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Third Street
0.19 miles
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Peabody Place
0.21 miles
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Jefferson
0.22 miles
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Union Avenue
0.23 miles
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Jefferson Avenue
0.26 miles
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Beale Street
0.29 miles
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Valero
1.01 miles
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Exxon
1.34 miles
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Mobil
1.38 miles
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BP
2.05 miles
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Citgo
2.15 miles
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Kroger
2.20 miles
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ChargePoint
9.18 miles
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First Place Parking
0.03 miles
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One Commerce Square Garage
0.06 miles
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First Tennessee Bank Parking Garage
0.07 miles
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Toyota Center Parking Garage
0.12 miles
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Parking Can Be Fun
0.14 miles
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60 Madison Ave
0.14 miles
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Riverside Parking Garage
0.17 miles
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Hilton Garden Inn Lot
0.21 miles
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Peabody Place Parking Garage
0.24 miles
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100 North Main Parking Garage
0.26 miles
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Charles Vergos' Rendevous
0.06 miles
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Blue Plate Cafe
0.09 miles
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Huey’s
0.10 miles
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Peabody Corner Bar
0.10 miles
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Capriccio Grill
0.13 miles
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Chez Philippe
0.14 miles
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Texas De Brazil
0.16 miles
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Front Street Deli
0.17 miles
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downtown Chinese bistro
0.18 miles
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big ono bake shop
0.21 miles
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Peabody Place
0.22 miles
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Cordelia's Market
1.18 miles
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Viet Hoa Food Market
2.08 miles
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Kroger
2.12 miles
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Cash Saver
2.58 miles
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The Fresh Market
3.61 miles
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Superlo Foods
4.51 miles
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ALDI
6.05 miles
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High Point Terrace Shopping Center
6.48 miles
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High Point Grocery
6.48 miles
NAI Saig Company
