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    Memphis, TN Breakfast & Diners for Sale

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    Southaven, MS Olive Branch, MS Horn Lake, MS
    Former IHOP Restaurant Building
    $1,200,000
    4,022 SF
    Former IHOP Restaurant Building

    1277 East Shelby Drive, Memphis, TN 38116

    Former IHOP with multiple access points and strong corridor visibility for restaurant or retail redevelopment.
    • Former IHOP built in 2002, 4,000+ SF retail building
    • Located on E. Shelby Drive in a high‑traffic commercial corridor in Memphis
    • Exposure to more than 25,800 vehicles per day with strong visibility
    • Multiple access points for convenient ingress and egress
    • Positioned on an outparcel to Southland Mall with surrounding retail activity
    Updated: Jun 10
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Memphis, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Route 66 Commercial Property
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    3,092 SF
    Historic Route 66 Commercial Property

    Iconic Route 66 property with high visibility and income potential.

    12661 Old Highway 66, Rolla, MO 65401

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    Established Cracker Barrel Restaurant For Sale
    $2,223,000
    10,000 SF
    Established Cracker Barrel Restaurant For Sale

    Single-tenant Cracker Barrel in Jackson, TN with strong revenue.

    188 Vann Dr, Jackson, TN

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    Mrs. Sullivan's Pies and Building
    $475,000
    Mrs. Sullivan's Pies and Building

    Legendary Mrs. Sullivan's Pies and Building for sale.

    256 Preston Street, Jackson, TN 38301

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    Historic Route 66 Commercial Property
    $254,500
    4,742 SF
    Historic Route 66 Commercial Property

    Iconic Route 66 property with high visibility and income potential.

    U.S. Rt. 66, Rolla, MO 65401

    View details

    Memphis, TN Breakfast & Diners Market Trends and Statistics

    Explore 1 breakfast & diners for sale in Memphis, TN on our real estate platform. These investment opportunities span a total of 4,022 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for breakfast & diners in Memphis, TN start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 24
    Drive through restaurants 22
    Bars & Pubs 5
    Coffee shops 3
    Turn key restaurants 2

    Demographics Overview

    Population 718K
    Population Growth (5Y) -3.1%
    Median Household Income $61,271
    College Educated 18.4%

    Taxes & Financing

    Tax Rate (average for all types) 5.80%
    Property Tax per SF $85.96 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shelby County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Shelby County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

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