124 E G E PATTERSON Memphis, TN 38103
Commercial - Memphis, TN
- Added:
- Feb 6, 2025
- Days on Market:
- 431
- Last Refresh:
- Apr 13 at 9:06 am
Property Features for 124 E G E PATTERSON
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 14367
Building Details
- Year built
- 1949
- Architectural style
- Other
Listing agent Todd Adams (901) 261-7900
Listing office Keller Williams 775 Ridge Lake Blvd Ste 400, Memphis, TN (901) 261-7900
Listing date Feb 6, 2025
MLS# 10189534
Listing URL
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.
Overview
Turnkey Restaurant and Bar Opportunity
Located at 124 E G E Patterson Ave in Memphis, TN, this turnkey restaurant and bar presents a rare opportunity in the South Main district, an Opportunity Zone. The property is fully equipped and ready for immediate operation. The main floor features a welcoming entryway, a full bar, booth seating, lighting, coolers, a full kitchen with a walk-in cooler and pizza oven, two restrooms, and a fenced front patio. The upstairs area includes two large dining rooms, another full bar, coolers, sinks, tables, chairs, booth seating, an office, storage, one bathroom, and an outdoor patio with balcony views. A private parking lot provides added convenience. The property is situated near the National Civil Rights Museum, Central Station Hotel, the historic Arcade diner, Central BBQ, and the Trolley Line, benefiting from substantial foot traffic. It is also located approximately one mile from Beale Street, the Peabody Hotel, and FedEx Forum, surrounded by condos, apartments, and homes, making it suitable as a neighborhood hotspot. This property offers the opportunity to own a piece of Memphis’s culinary scene.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Parlay Restaurant and Bar
Restaurant
V124
Restaurant
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.05793
- Latitude
- 35.132996
Nearby Similar for Sale
FAQs
What type of property is this?
Turn key restaurant - Fully equipped restaurant and bar in Memphis's South Main district.
Where is this turn key restaurant located?
The property is located at 124 E G E PATTERSON Memphis, TN.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Turnkey restaurant and bar ready for immediate operation with all equipment included (kitchen, bars, seating, etc.); Prime location in the high‑traffic South Main district, an Opportunity Zone with significant growth potential.; Includes a private parking lot, a rare and valuable amenity.
