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    Memphis, TN
    Conventional Restaurant

    Memphis, TN Conventional Restaurants for Sale

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    Southaven, MS Olive Branch, MS Horn Lake, MS Walls, MS Lake, MS Nesbit, MS Piperton, TN Lake Cormorant, MS
    21 properties
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    Six-Bay Mixed-Use Property
    Updated: Oct 19
    Six-Bay Mixed-Use Property

    3393 SUMMER Ave, Memphis, TN 38122

    $1,900,000
    Six retail bays across a 2‑acre parcel
    Includes restaurant, office, reception center, church, studio and lounge spaces
    Building dates to 1925
    At 3393 Summer Ave in Memphis, identified at the Summer and Highland intersection
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    Coffee Shop Building
    Updated: Jun 24
    Coffee Shop Building

    1324 PEABODY Ave, Memphis, TN 38104

    $1,299,900
    Two‑parcel assemblage at 1324‑1330 Peabody Ave
    Restaurant building operated as Pearl's Tea & Coffee House
    1924 building construction
    Located near Central Gardens, Overton Square, Downtown Memphis, and the Medical District
    Surrounded by restaurants, retail, offices, and residential neighborhoods
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    Auto Shop with Mixed Uses
    Auto Shop with Mixed Uses

    2383 CHELSEA Ave, Memphis, TN 38108

    $315,000

    Established commercial property combines automotive, restaurant, and appliance retail operations in one location.

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    See hot listings in Memphis

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
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    Historic Mixed-Use Property
    Historic Mixed-Use Property

    126 Monroe Ave, Memphis, TN 38103

    $875,000
    10,187 sqft

    Restaurant, retail, and residential components create a flexible downtown commercial configuration.

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    Freestanding Restaurant Building
    Freestanding Restaurant Building

    2740 BARTLETT Rd, Bartlett, TN 38134

    $729,000

    Built in 1984 with frontage along two roads and access near U.S. Highway 64.

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    Restaurant with Enclosed Patio
    Restaurant with Enclosed Patio

    733 CHELSEA Ave E, Memphis, TN 38107

    $399,900

    Operating restaurant property with a commercial kitchen, bar, dedicated storage, and included equipment.

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    Second-Generation Restaurant
    Second-Generation Restaurant

    153 E Ge Patterson Ave, Memphis, TN 38103

    $550,000
    4,493 sqft

    Second-generation restaurant for sale with 4,493 SF and strong downtown visibility near major attractions.

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    Two-Level Restaurant Condominium
    Two-Level Restaurant Condominium

    95 S Main St, Memphis, TN 38103

    $694,000
    3,065 sqft

    Built-out restaurant space includes a vent hood, bar areas, dining rooms, kitchen, office, and three restrooms.

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    Absolute NNN Wendy’s Restaurant
    Absolute NNN Wendy’s Restaurant

    6781 E Shelby Dr, Memphis, TN 38141

    $2,172,276
    2,646 sqft

    Absolute NNN Wendy’s investment offered with approximately 13 years remaining and a tenant-guaranteed lease structure.

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    Historic Restaurant & Event Venue
    Historic Restaurant & Event Venue

    1433 Union Ave, Memphis, TN 38104

    Contact for pricing
    19,330 sqft 1.18 AC lot

    Renovated restaurant property with event rooms, two bars, fireplaces, and an outdoor patio.

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    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    3623 Elvis Presley Blvd, Memphis, TN 38116

    Contact for pricing
    2,395 sqft

    Standalone restaurant with an existing drive-through, patio, and pylon signage near major visitor destinations.

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    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    3745 E Shelby Dr, Memphis, TN 38118

    Contact for pricing
    2,971 sqft

    Standalone restaurant space includes an existing drive-through and serves an industrial and warehouse district near Memphis International Airport.

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    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    2005 Whitten Rd, Memphis, TN 38133

    Contact for pricing
    3,029 sqft 1.13 AC lot

    Freestanding restaurant property with drive-through service and ample on-site parking.

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    Leased Corner Restaurant Building
    Leased Corner Restaurant Building

    2740 Bartlett Road, Bartlett, TN 38134

    Contact for pricing
    3,760 sqft

    Freestanding restaurant property on a prominent corner with dual road frontage and ample on-site parking.

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    For-Sale Restaurant Property
    For-Sale Restaurant Property

    3100 Forest Hill Irene Rd, Germantown, TN 38138

    $2,405,000

    For-sale restaurant property with stated NOI of $120,444.

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    Park Avenue Restaurant Ground Lease
    Park Avenue Restaurant Ground Lease

    5091 Park Ave, Memphis, TN 38117

    Contact for pricing
    899 sqft

    Fully leased Back Yard Burgers on Park Avenue for sale.

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    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    727 S Highland St, Memphis, TN 38111

    Contact for pricing

    Freestanding restaurant property with an existing drive-through configuration.

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    Restaurant Property with Bar
    Restaurant Property with Bar

    3855 ELVIS PRESLEY BLVD, Memphis, TN 38116

    Contact for pricing

    The interior includes dedicated dining, bar, and kitchen areas, plus a walk-in freezer.

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    Restaurant Space Available For Sale
    Restaurant Space Available For Sale

    5465 Fox Plaza Dr, Memphis, TN 38115

    Contact for pricing
    6,624 sqft

    6,624 SF second-generation restaurant space available.

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    Downtown Memphis Restaurant Opportunity
    Downtown Memphis Restaurant Opportunity

    113 S Ct Ave, Memphis, TN 38103

    Contact for pricing
    6,650 sqft

    Second-generation restaurant space in the iconic Kress Building.

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    Conventional Restaurant Building
    Conventional Restaurant Building

    3081 Covington Pike, Memphis, TN 38128

    Contact for pricing
    5,762 sqft

    Restaurant building located on Covington Pike, just north of Stage Road in the Raleigh Trade Area of Memphis.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Memphis, TN

    Memphis, TN Conventional Restaurants Market Trends and Statistics

    Explore 21 conventional restaurants for sale in Memphis, TN, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 71,811 square feet of properties for sale, with an estimated market value of $11,340,076.

    Sale prices for conventional restaurants in Memphis, TN start at $315,000, averaging $1,134,007, and reaching up to $2,405,000 — 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 41
    Drive through restaurants 28
    Coffee shops 5
    Bars & Pubs 4
    Breakfast & diners 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38108 $182.5K
    38114 $200K
    38107 $399.9K
    38103 $766K
    38104 $1.3M

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Popular Searches in Memphis, TN

    Popular Categories

    Most Searched ZIP Codes in Memphis, TN

    • 38103
    • 38104
    • 38116
    • 38134
    • 38107
    • 38108
    • 38111
    • 38115
    • 38117
    • 38118
    • 38122
    • 38128

    Featured Memphis Real Estate Agencies

    Realmo connects you with licensed Memphis CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Reedy & Company, REALTORS
    4701 Summer Ave Memphis, TN 38122
    Phone: (901) 683-4446
    www.reedyandcompany.net
    Hobson Realtors
    5384 Poplar #250 Memphis, TN 38119
    Phone: (901) 761-1622
    www.hobsonrealtors.com
    Crye Leike, Inc.
    6705 Winchester Rd Memphis, TN 38115
    Phone: (901) 550-2891
    www.crye-leike.com
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