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1215 THOMAS St, Memphis, TN, 38107
Memphis Bar/Lounge Opportunity

1215 THOMAS St Memphis, TN 38107

For Sale
$37,000

COMMERCIAL - Memphis, TN

Days on Market382

Property Features for 1215 THOMAS St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active

Taxes and HOA fees

Tax Annual Amount
648

Building Details

Year built
1936
Listing Agency: Harris Realty Services
Listed By: Virgil Pryor
Added: Jul 11, 2025 Changed: May 28 Last Checked: Jul 27 at 8:06AM
MLS# 10201022

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

A bar/lounge is available for sale. The property, formerly a popular spot, requires a full rehabilitation due to closure during COVID-19. Water damage from the roof needs attention. Located in Memphis, TN 38107, this property presents an investment opportunity for a potential business venture.

Key Highlights

  • Priced under $100,000 for quick sale.
  • Opportunity for a bar/lounge business.
  • Located at coordinates: [-90.03628, 35.174606].

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Gentleman Nightclub

Suggested Use

Real Estate Agency Building Supply Spa & Massage Center Law Firm Big Box & Wholesale Store Dental Office Restaurant Pharmacy Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • The Gentleman — 1215 Thomas St, Memphis, TN 38107
  • The Blac Betty — 1331 Thomas St, Memphis, TN 38107
  • Blue Note Bourbon — 802 Royal Ave, Memphis, TN 38107
  • Boom Boom Room — 1065 Thomas St, Memphis, TN 38107

FAQs

What type of property is this?
Bar & Pub - Bar/lounge needing full rehab, priced to sell quickly.
Where is this bar & pub located?
The property is located at 1215 THOMAS St Memphis, TN.
What is the asking price?
The asking price for this property is $37,000.
What are key features of this property?
This property features: Priced under $100,000 for quick sale.; Opportunity for a bar/lounge business.; Located at coordinates: [-90.03628, 35.174606].
More about this property
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