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400 South Main Street
Memphis, TN 38103 South Main

$900,000 USD

Hotel For Sale  •  26,068 SF

Property Details

  • Property Type Hotel
  • Total Building Size 30,400 SF
  • Lot Size 0.4 AC
  • Building Class B
  • Year Built 1900
  • Zoning SM
46 Transit Score
84 Walk Score

Highlights

Upscale Boutique Apartment-Style Hotel with Full Kitchens and In-Suite Washer Dryer - Average 800 Square Feet
Absentee Institutionally Managed and Owned
Redevelopment and Finalist at the 2022 Building Memphis Awards for Best Renovation (Original Historic Construction in 1900)
10,000 Square Feet of Curated Amenity Space
Long Term Commercial Lease to Simmons Bank with Additional Rental Income from Available Storefront (2,200 Sq. Ft)
Potential Multi-Family Conversion

Amenities

  • Bus Line
  • Commuter Rail
  • Pool
  • Signage
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Public Transportation

Commuter RailDriveWalkDistance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley)) 1 min 5 min 0.2 mi
Transit/SubwayDriveWalkDistance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley)) 1 min 5 min 0.3 mi
AirportDriveWalkDistance
Memphis International 20 min - 10.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
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