PRICE REDUCED to $1,345,000!! This is a rare opportunity to own in the South Main Historical District of Memphis, TN. 491 S. Main is a prime redevelopment opportunity that includes an extra rare option for on-site parking. The building was recently improved with a new roof, wood replacement, and elevator work as well as boasting a sprinkler system throughout. This site would be great for a number of different uses including apartments, office, restaurant space, retail, or a small, boutique hotel. The adjacent lot provides flexibility that you just can't find in this area right now.