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For Lease

24 S Main St

24 S Main St , Memphis, TN 38103

3,000

SF Available
Prime Downtown Memphis location at 24 South Main StreetApproximately 3,000 SF of street-level retail space available Additional 3,000 SF basement space available

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, 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

Rental Details

  • Number of spaces 1
  • Total square feet available 3,000 SF
  • For Lease Contact for pricing
  • Space Types Street Retail
  • Lease Type Modified Gross
  • Date Updated May 20, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

24 S. Main St

  • Space Type Street Retail
  • Lease Rate Contact for pricing
  • Total Space Available 3,000 SF
  • Divisible Space 3,000 - 3,000 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No
broker
James McCraw, CCIM

NAI Saig Company

Contacts

broker
James McCraw, CCIM

NAI Saig Company

Building Details

  • For Lease Contact for pricing
  • 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

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Walker's Paradise (94)
  • Transit Score ®

    Good Transit (52)
  • Bike Score ®

    Very Bikeable (89)
Powered by Walk Score ®

Location

  • City Memphis, TN
  • Neighborhood Downtown Memphis
  • Zip Code 38103
  • Market Memphis
  • Map
  • Street

Points of Interest

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

Exxon

1.34 miles

Mobil

1.40 miles

BP

2.09 miles

Citgo

2.19 miles

Kroger

2.24 miles

ChargePoint

9.23 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

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

24 S Main St Listing Summary

  • The Price for Retail Space at 24 S Main St

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    24 S Main St is located in the Downtown Memphis neighborhood, which is home to a total of 18 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 24 S Main St

    The property exclusively contains Street Retail space totaling 3,000 square feet. The leasing opportunity here is available under Modified Gross lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 24 S Main St , which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

  • Get to Know the Retail Scene in the Downtown Memphis Neighborhood

    24 S Main St is located in the Downtown Memphis neighborhood of Memphis. The Downtown Memphis retail market offers 18 retail listing(s), representing a total of 44,792 square feet of retail space for lease.

    The most common retail type in the Downtown Memphis neighborhood is Creative Office, of which the market currently offers 5 space(s). You can also find 1 Street Retail space(s).

    When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Downtown Memphis resident is 36 years old, and the median household income here is $34,015 per year.

Contact Listing Broker
broker
James McCraw, CCIM

NAI Saig Company

  1. 1Main information
  2. 2Extra information
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