Conventional Restaurant

Memphis, TN Conventional Restaurants for Sale

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Southaven, MS Olive Branch, MS Horn Lake, MS Nesbit, MS Walls, MS Piperton, TN Lake Cormorant, MS Jackson, MS
17 properties
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Restaurant Building in Wolfchase Area
Updated: Mar 6
Restaurant Building in Wolfchase Area

7990 Horizon Center Blvd, Memphis, TN 38133

$1,200,000
7,774 sqft 2.57 AC lot
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.
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7990 Horizon Center Blvd, Memphis, TN 38133

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Restaurant Building with Parking Lots
Updated: Jun 24
Restaurant Building with Parking Lots

1324 PEABODY Ave, Memphis, TN 38104

$1,599,900
Year built: 1924 commercial property in Midtown Memphis
Sale includes four parcels: 1302‑1304 Peabody Ave and 1324‑1330 Peabody Ave
Includes a restaurant building and Pearl's Tea & Coffee House
Two dedicated parking lots included
High‑visibility Midtown location near Central Gardens, Overton Square, Downtown Memphis, and the Medical District
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Leased Corner Freestanding Restaurant
Leased Corner Freestanding Restaurant

2740 BARTLETT Rd, Bartlett, TN 38134

$850,000

Freestanding restaurant is fully leased, offering investors immediate rental income at a dual-frontage corner location.

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Frayser Commercial Building For Sale
Frayser Commercial Building For Sale

2600 JAMES Rd, Memphis, TN 38127

$285,000

Freestanding commercial building suitable for restaurant or event venue.

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Fully Renovated Mixed-Use Opportunity
Fully Renovated Mixed-Use Opportunity

981 Cooper St, Memphis, TN 38104

$1,300,000
4,000 sqft

Fully renovated 4,000 SF property offers flexible retail, restaurant, or office space with on-site secured parking.

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Mobile Home Park Investment
Mobile Home Park Investment

3023 LAMAR Ave, Memphis, TN 38114

$250,000

Multi-asset mobile home park with road frontage, including a leased restaurant, duplex, and multiple tenant-occupied units.

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Turnkey Restaurant and Bar Opportunity
Turnkey Restaurant and Bar Opportunity

124 G E PATTERSON Ave, Memphis, TN 38103

$985,000

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

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Established Restaurant with Outdoor Seating
Established Restaurant with Outdoor Seating

733 CHELSEA Ave E, Memphis, TN 38107

$399,900

Turnkey restaurant with equipment, parking, and outdoor patio.

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Burger King Restaurant Location
Burger King Restaurant Location

1027 Union Ave, Memphis, TN 38104

$2,869,582
3,734 sqft

For-sale restaurant property at 1027 Union Ave in Memphis, offered as a 3,734-square-foot site.

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Park Avenue Restaurant Ground Lease
Park Avenue Restaurant Ground Lease

5091 Park Ave, Memphis, TN 38117

$1,400,000
899 sqft

Fully leased Back Yard Burgers on Park Avenue for sale.

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Leased Corner Restaurant Building
Leased Corner Restaurant Building

2740 Bartlett Road, Bartlett, TN 38134

$899,000
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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Downtown Memphis Restaurant Opportunity
Downtown Memphis Restaurant Opportunity

113 S Ct Ave, Memphis, TN 38103

$550,000
6,650 sqft

Second-generation restaurant space in the iconic Kress Building.

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Vacant Restaurant Site
Vacant Restaurant Site

4431 Summer Avenue, Memphis, TN 38122

Contact for pricing
2,577 sqft 0.71 AC lot

Former Krystal restaurant is vacant and positioned along Summer Avenue in Memphis, offering a ready commercial building on-site.

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Restaurant Space For Sale
Restaurant Space For Sale

2731 LAMAR N AVE, Memphis, TN 38114

$275,000
4,000 sqft

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

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Restaurant Space Available For Sale
Restaurant Space Available For Sale

5465 Fox Plaza Dr, Memphis, TN 38115

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6,624 sqft

6,624 SF second-generation restaurant space available.

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Renovated Restaurant with Drive-Thru
Renovated Restaurant with Drive-Thru

3717 Summer Ave, Memphis, TN 38122

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2,407 sqft 0.62 AC lot

Newly renovated restaurant with drive-thru on Summer Avenue in Memphis.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Memphis, TN

Memphis, TN Conventional Restaurants Market Trends and Statistics

Explore 17 conventional restaurants for sale in Memphis, TN, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 30,817 square feet of properties for sale, with an estimated market value of $8,493,582.

Sale prices for conventional restaurants in Memphis, TN start at $275,000, averaging $1,213,368, and reaching up to $2,869,582 — 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 28
Drive through restaurants 21
Bars & Pubs 4
Coffee shops 2
Turn key restaurants 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
38114 $262.5K
38127 $285K
38107 $399.9K
38104 $588.3K
38103 $767.5K

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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