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137-143 Madison Ave 13,000 sq ft 100% Let Retail Property Memphis, TN 38103 For Sale

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EXECUTIVE SUMMARY

Great Value Add Mix-Use Development
Located in the heart of downtown Memphis, 137-143 Madison Avenue presents a rare opportunity to invest in a highly sought-after corridor. This prime property offers exceptional visibility, high foot traffic, and proximity to key landmarks such as AutoZone Park, the Peabody Hotel, and the vibrant South Main Arts District.
With flexible zoning and a strategic location, this site is ideal for mixed-use development, retail, office space, or multifamily ventures. Whether you're looking to restore historic charm or create a modern urban destination, this property provides the perfect foundation for success.
Take advantage of the momentum in downtown Memphis—this is your chance to be part of the city's next chapter. Contact us today to explore the potential of 137-143 Madison Avenue.

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Deferred Maintenance
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
13,000 sq ft
Costar Property Class
C
Year Built
1910
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Floor To Floor Height
11 ft
Plot ratio
4.97
Total Plot Size
0.06 ac
Use Class
CBD - Commercial
Frontage
52 ft on 2nd St

AMENITIES

  • Banking
  • Bus Route
  • Restaurant
  • Signage
Walk Score®
Excellent pedestrian access (95)
Bike Score®
Good for cycling (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

Starbucks
Regions Bank
First Horizon Bank
Shred415
Hard Rock Cafe
Lennys Grill & Subs
Texas de Brazil
Lookout At Pyramid
Simmons Bank
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-2059-0-0001
Land Assessment
£33,602
Improvements Assessment
£14,931
Total Assessment
£48,532
  • Listing ID: 35122873

  • Date on Market: 13/03/2025

  • Last Updated:

  • Address: 137-143 Madison Ave, Memphis, TN 38103

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