Memphis Retail 16,246 SF in Redeveloping Arts District
Memphis Arts District Retail — 16,246 SF in Rapidly Redeveloping Arts District
Marketing description
To access due diligence, visit https://bracketre.com/listing/e66c5854-5255-4e46-bc9a-70d73003304e or www.Bracketre.com
Positioned in the heart of the Broad Avenue Arts & Retail District, 2493 Broad Ave presents a rare opportunity to capitalize on one of Memphis’ most dynamic redevelopment corridors. Originally operated as an industrial warehouse, the property has undergone a strategic transformation toward modern retail use, aligned with the neighborhood’s evolution into a walkable, creative, and amenity-driven destination.
The 16,246 SF building sits directly across from a major new multifamily development, and is surrounded by restaurants, boutique retail, creative studios, and new urban residential projects — benefitting from strong foot traffic, bike lanes, and ongoing public investment along Broad Avenue. A new $70,000 front patio installation and planned storefront window conversions position the asset for restaurants, breweries, entertainment concepts, and showroom or maker-retail tenants.
To access due diligence, visit https://bracketre.com/listing/e66c5854-5255-4e46-bc9a-70d73003304e or www.Bracketre.com
Investment highlights
- 16,246 SF building on Broad Ave — core Memphis arts & retail district
- Flexible configuration: 1–3 suites to maximize marketability
- Surrounded by new urban development — apartments, restaurants, creative retail
- Highly walkable corridor with new bike lanes and streetscape improvements
- New patio recently installed
- Gentrifying area with strong retail fundamentals
- Ideal uses: restaurant, brewery, food hall, entertainment, boutique retail, creative showroom, studio/workshop retail
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