124 E G E PATTERSON AVE, Memphis, TN 38103
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124 E G E PATTERSON AVE, Memphis, TN 38103
124 E G E PATTERSON AVE, Memphis, TN 38103
124 E G E PATTERSON AVE, Memphis, TN 38103
124 E G E PATTERSON AVE, Memphis, TN 38103
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$ 985,000
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124 E G E PATTERSON AVE Memphis, TN 38103

5,000 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $197

Subdivision Merchants C P & S Co

MLS Listing ID 10189534

Year Built 1949

Annual Tax Amount $14,367

Property Sub-Type Commercial

Property Description

Rare opportunity at 124 E G E Patterson Ave, a turnkey restaurant and bar in the vibrant South Main district—an Opportunity Zone poised for growth. This fully equipped property is ready to operate from day one, featuring a main floor with a welcoming entryway, full bar, booth seating, lighting, coolers, a full kitchen with walk-in cooler and pizza oven, two restrooms, and a fenced front patio. Upstairs offers two large dining rooms, another full bar, coolers, sinks, tables, chairs, booth seating, an office, storage, one bathroom, and an outdoor patio with balcony views. A private parking lot adds unmatched convenience. Steps from the National Civil Rights Museum, Central Station Hotel, the historic Arcade diner, Central BBQ, and the Trolley Line, this location thrives with foot traffic. Just a mile from Beale Street, the Peabody Hotel, and FedEx Forum, it's surrounded by condos, apartments, and homes—perfect for a neighborhood hotspot. Own a piece of Memphis's culinary scene.

Location

State TN

County Shelby

Area South Bluffs/Downtown

Interior

Heating Central, Electric, Gas

Cooling 220 Wiring, Central Cooling, Electric Cooling

Flooring Hardwood, Other Flooring

Inclusions Building and Land, Some Appliances, Some Equipment, Some Furnishings

Exterior

Parking Features 16-30 Spaces, Asphalt/Blacktop, Attached, Enclosed

Roof Type Flat,Pitched,Roll

Building

Story 2

Foundation Maintenance Area, Slab, Storage Area

Water Electric Hot Water, Gas Hot Water, Public Sewer, Public Water

Others

Miscellaneous Fixtures,Furniture,Compressor(s),Display Window(s),Rest Rooms,220 Volt Power,Inside Storage,Outside Storage,Fenced,Outside Lighting


Listed by Todd T Adams • Keller Williams
Frank Warren

Frank Warren

Broker

+1(901) 212-5350

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124 E G E PATTERSON AVE