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    Memphis, TN Conventional Restaurants for Sale

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    Southaven, MS Olive Branch, MS Horn Lake, MS
    14 results
    Restaurant Building in Wolfchase Area
    $1,200,000
    7,774 SF
    Restaurant Building in Wolfchase Area

    7990 Horizon Center Blvd, Memphis, TN 38133

    Freestanding, fully equipped restaurant building for sale in Memphis.
    • Freestanding, fully equipped 7,774 SF restaurant building on 2.57 acres.
    • Prime location in the Wolfchase Trade Area of Memphis.
    • High traffic counts: Interstate 40 (103,701 AADT) and Germantown Pkwy (73,408 AADT).
    • Located on a frontage road to Interstate 40.
    • Adjacent to a Hyatt Place and The Commons at Wolfcreek Shopping Center.
    Updated: Mar 6
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    Frayser Commercial Building For Sale
    $285,000
    Frayser Commercial Building For Sale

    2600 JAMES Rd, Memphis, TN 38127

    Freestanding commercial building suitable for restaurant or event venue.
    • Freestanding commercial building offers flexibility.
    • Key restaurant infrastructure includes kitchen with 3‑compartment sink and two restrooms.
    • Features an elevated stage, ideal for entertainment or events.
    • Open dining/event space provides ample room.
    • Private lounge room offers a separate, more intimate area.
    Updated: Mar 13
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    Turnkey Restaurant and Bar Opportunity
    $985,000
    Turnkey Restaurant and Bar Opportunity

    Fully equipped restaurant and bar in Memphis's South Main district.

    124 G E PATTERSON Ave, Memphis, TN 38103

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    Established Restaurant with Outdoor Seating
    $399,900
    Established Restaurant with Outdoor Seating

    Turnkey restaurant with equipment, parking, and outdoor patio.

    733 CHELSEA Ave E, Memphis, TN 38107

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    Versatile Commercial Space in Memphis
    Contact for pricing
    Versatile Commercial Space in Memphis

    Prime location suitable for retail, office, or restaurant use.

    532 Cooper Street, Memphis, TN 38104

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    Restaurant Space with Ample Parking
    Contact for pricing
    6,624 SF
    Restaurant Space with Ample Parking

    Second generation restaurant space with fully built out kitchen.

    5465 Fox Plaza Dr, Memphis, TN 38115

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    East Memphis Freestanding Restaurant Opportunity
    Contact for pricing
    3,927 SF
    East Memphis Freestanding Restaurant Opportunity

    Freestanding restaurant in East Memphis near culinary hotspots and retailers.

    715 W Brookhaven Cir, Memphis, TN 38117

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    Downtown Memphis Restaurant Space
    Contact for pricing
    4,941 SF
    Downtown Memphis Restaurant Space

    4,941 SF restaurant space in prime downtown location.

    121 Union Avenue, Memphis, TN 38103

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    Downtown Memphis Restaurant Building For Sale
    Contact for pricing
    21,072 SF
    Downtown Memphis Restaurant Building For Sale

    21,072 SF building in prime downtown location.

    121 Union Avenue, Memphis, TN 38103

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    Restaurant Space For Sale
    Contact for pricing
    6,624 SF
    Restaurant Space For Sale

    6,624 SF second-generation restaurant space available.

    5465 Fox Plaza Dr, Memphis, TN 38115

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    Park Avenue Restaurant Ground Lease
    $1,400,000
    899 SF
    Park Avenue Restaurant Ground Lease

    Fully leased Back Yard Burgers on Park Avenue for sale.

    5091 Park Ave, Memphis, TN 38117

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    Downtown Memphis Restaurant Opportunity
    $550,000
    6,650 SF
    Downtown Memphis Restaurant Opportunity

    Second-generation restaurant space in the iconic Kress Building.

    113 S Ct Ave, Memphis, TN 38103

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    Restaurant Space For Sale
    $275,000
    4,000 SF
    Restaurant Space For Sale

    4,000 SF restaurant space in Memphis available for sale.

    2731 LAMAR N AVE, Memphis, TN 38114

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    Overton Square Restaurant Opportunity
    $165,000
    Overton Square Restaurant Opportunity

    Established restaurant in prime Overton Square location.

    2097 MADISON Ave, Memphis, TN 38104

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 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.

    Restaurant Building Near Interstate 40
    Contact for pricing
    3,753 SF
    Restaurant Building Near Interstate 40

    Freestanding 3,753 SF restaurant on 1.2 acres for sale.

    2519 Anderson Ave, Brownsville, TN 38012

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    Prime Land in Bolivar, TN
    $558,000
    22.32 Acres
    Prime Land in Bolivar, TN

    22.32 acres with highway frontage, ideal for retail/restaurant.

    07 64 Hwy, Bolivar, TN 38008

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    Highway Frontage Land For Sale
    $231,840
    2.07 Acres
    Highway Frontage Land For Sale

    2.07 acre commercial land with highway frontage in Bolivar, TN.

    02 64 Hwy, Bolivar, TN 38008

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    Freestanding Restaurant Building For Sale
    $750,000
    3,753 SF
    Freestanding Restaurant Building For Sale

    Freestanding restaurant building on Anderson Ave, Brownsville, Tennessee.

    2519 Anderson Rd, Brownsville, TN 38012

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    Memphis, TN Conventional Restaurants Investment Opportunities Market Analysis

    Explore 14 conventional restaurants for sale in Memphis, TN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 19,323 square feet of properties for sale, with an estimated market value of $3,425,000.

    Sale prices for conventional restaurants in Memphis, TN start at $275,000, averaging $856,250, and reaching up to $1,400,000 — 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

    Drive through restaurants 22
    Conventional restaurants 19
    Bars & Pubs 4
    Coffee shops 3
    Turn key restaurants 2

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    38104 $82.5K
    38114 $275K
    38127 $285K
    38107 $399.9K
    38103 $767.5K

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Residential Income

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