Foreclosure Auction | Downtown Memphis Commercial Property Memphis, TN

Property Location MAP

414 S. Main Street
Memphis, TN 38103

Property #: TAA1841

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Contact Agent

Timothy Mast, CAI, AARE
Tranzon Asset Advisors

888-791-7307 ext 84


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Foreclosure Auction 

Downtown Memphis Commercial Property


  • 5,475+/- SF Restaurant/Retail/Commercial Property
  • Frontage and Storefront on S Main St
  • Adjacent to Civil Rights Museum and Gift Shop
  • Excellent Downtown Main St Location
  • Immediately Adjacent to Trolley Stop
  • Upstairs Currently Used as Residence
  • Rear Access via Alley
  • Bidding Available at the Courthouse and via Online Bidding. See Terms and Legal Notice for Details.
  • Don’t Miss this Fantastic Opportunity to Acquire an Exceptional Property in a Thriving Part of Memphis– You Set the Price
  Note: Access to upstairs is currently via stairway through adjoining property. Access will need to be addressed with adjoining property owner.

Tranzon Asset Advisors, TN Auction Firm #4425, Tim Mast, Broker

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Timothy Mast, CAI, AARE

Timothy Mast, CAI, AARE: Tranzon Asset Advisors

888-791-7307 ext 84

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyers Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.