24 S Main St
24 S Main St , Memphis, TN 38103
Key features
- 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, caf, 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
Rental Details
- Number of spaces 1
- Total square feet available 3,000 SF
- For Lease Price on request
- Space Type Street Retail
- Lease Type Modified Gross
- Latest Update Sep 29, 2026
Reach out to the broker for more info on lease terms and amenities
True
1 Space Available
| Space Name | Space Type | Lease Rate | Total Space | Floor | Lease Type | |
|---|---|---|---|---|---|---|
| 24 S. Main St | Street Retail | Price on request | 3,000 SF | - | Modified Gross |
24 S. Main St
- Space Type
- Street Retail
- Lease Rate
- Price on request
- Total Space
- 3,000 SF
- Lease Type
- Modified Gross
Contacts
NAI Saig Company
Building Details
- For Lease Price on request
- Property Type Retail - Street Retail
- Property Size 14,877 SF
- Lot Size 0.08 Acre
- Additional Rent Price on request
- Building Class C
- Year Built 1910
- Date Updated Sep 29, 2026
Location
- City Memphis, TN
- Neighborhood Downtown Memphis
- Zip Code 38103
- Market Memphis
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Walk score 94/100 Walker's Paradise -
Transit score 52/100 Good Transit -
Bike score 89/100 Very Bikeable
Points of Interest
Madison
0.04 miles
South Court
0.10 miles
Union
0.10 miles
North Court
0.15 miles
Union Avenue
0.19 miles
Jefferson
0.21 miles
Peabody Place
0.21 miles
Jefferson Avenue
0.22 miles
Third Street
0.23 miles
Beale Street
0.30 miles
Valero
1.05 miles
Exxon
1.34 miles
Mobil
1.40 miles
BP
2.09 miles
Citgo
2.19 miles
Kroger
2.24 miles
ChargePoint
9.23 miles
First Place Parking
0.05 miles
One Commerce Square Garage
0.09 miles
60 Madison Ave
0.10 miles
First Tennessee Bank Parking Garage
0.12 miles
Parking Can Be Fun
0.12 miles
Riverside Parking Garage
0.13 miles
Toyota Center Parking Garage
0.17 miles
100 North Main Parking Garage
0.25 miles
Comfort Inn Downtown
0.25 miles
Hilton Garden Inn Lot
0.25 miles
Peabody Place
0.24 miles
Cordelia's Market
1.15 miles
Viet Hoa Food Market
2.12 miles
Kroger
2.16 miles
Cash Saver
2.63 miles
The Fresh Market
3.66 miles
Superlo Foods
4.55 miles
ALDI
6.09 miles
High Point Terrace Shopping Center
6.52 miles
High Point Grocery
6.52 miles
Listing Summary
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Property Characteristics This retail property is rated Class C based on its characteristics, amenities, and location. Located at 24 S Main St , it was completed in 1910.
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Retail Space Available The property exclusively contains Street Retail space totaling 3,000 square feet. The leasing opportunity here is available under Modified Gross lease terms.
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Space Sizes - The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
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Area Characteristics 24 S Main St is located in the Downtown Memphis neighborhood of Memphis. The Downtown Memphis retail market offers 26 retail listings, representing a total of 95,405 square feet of retail space for lease.
The most common retail type in the Downtown Memphis neighborhood is Whitehaven, of which the market currently offers 54 spaces.
You can also find 41 Cordova spaces. Additionally, leasing opportunities here include 29 Hickory Hill spaces.
NAI Saig Company
