Conventional Restaurant

Memphis, TX Conventional Restaurants for Sale

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Wellington, TX Clarendon, TX Childress, TX Turkey, TX
Established Restaurant in Memphis, Texas
Updated: Apr 17
Established Restaurant in Memphis, Texas

1022 Boykin Drive, Memphis, TX 79245

$1,900,000
Well‑established restaurant with a proven track record.
Fully stocked kitchen and buffet setup ready for immediate operation.
Great highway frontage providing high visibility and accessibility.
Includes tables and booths to accommodate a substantial number of customers.
Known as a local favorite, indicating a loyal customer base.
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Restaurant Building With Highway Frontage
Updated: Apr 17
Restaurant Building With Highway Frontage

1313 Boykin Dr., Memphis, TX 79245

$79,500
Commercial building previously used as a restaurant
Frontage along Highway 287
Located at 1313 Boykin Dr., Memphis, TX 79245
Available for sale
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Historic Hotel with Owner's Apartment
Historic Hotel with Owner's Apartment

421 W Main Street, Memphis, TX 79245

$295,000

Historic hotel property with an owner’s apartment and multiple retail and dining spaces, built with brick and hardwood floors.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Memphis, TX, 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.

Clarendon Commercial Property For Sale
Clarendon Commercial Property For Sale

210 W 2nd Street, Clarendon, TX 79226

$190,000
7,525 sqft

Former restaurant with warehouse and redevelopment potential in Clarendon, TX.

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Remodeled Restaurant with Salad Bar
Remodeled Restaurant with Salad Bar

1112 Easly Street, Paducah, TX 79248

$120,000
0.26 AC lot

Remodeled restaurant with 66-person capacity, updated kitchen appliances, new TPO roof, and central HVAC.

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Dairy Queen Drive-Through Restaurant
Dairy Queen Drive-Through Restaurant

603 W 2nd St, Clarendon, TX 79226

Contact for pricing
3,254 sqft

Standalone fast-food property with a fenced outdoor patio and bench seating.

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Paducah Restaurant Opportunity
Paducah Restaurant Opportunity

1112 Easly Street, Paducah, TX 79248

$120,000
2,164 sqft 0.26 AC lot

Turn-key restaurant with remodeled interior and updated equipment for sale.

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Memphis, TX Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Memphis, TX, showcased through 3 active listings on our real estate platform.

Sale prices for conventional restaurants in Memphis, TX start at $79,500, averaging $758,166, and reaching up to $1,900,000 — 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 3

Demographics Overview

Population 2,291
Population Growth (5Y) -4.5%
Median Household Income $46,667
College Educated 21.7%

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
79245 $758.2K

Taxes & Financing

Tax Rate (average for all types) 2.07%
Property Tax per SF $24.35 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hall County

New Delisted

Total CRE Inventory on Market (SF)

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