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    Restaurant Building with Parking Lots Title is generated by Realmo AI

    1324 PEABODY Ave, Memphis, TN 38104

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    For Sale
    $1,599,900

    COMMERCIAL - Memphis, TN

    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 7:06 am

    Property Features for 1324 PEABODY Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Taxes and HOA fees

    Tax Annual Amount
    4949

    Building Details

    Year built
    1924

    We can help!

    Contact an agent
    David Truong
    David Truong

    Listing agent David Truong License #17938

    Listing office eXp Realty, LLC 3401 Mallory Lane #100, Nashville, TN

    Listing date Jun 24, 2026

    MLS# 10224700

    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.

    HighLights

    • 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

    Overview

    This sale includes four parcels covering 1302-1304 Peabody Ave and 1324-1330 Peabody Ave. The assemblage features a restaurant building and Pearl’s Tea & Coffee House, along with two dedicated parking lots to support on-site customer parking.

    The property is located in Midtown Memphis, with the remarks citing proximity to Central Gardens, Overton Square, Downtown Memphis, and the Medical District. The offering is positioned for buyers looking for an assemblage that combines food service space with separate parking parcels.

    The mix of a restaurant/coffee use with dedicated parking makes the property well-suited to owner-users and investors evaluating a multi-parcel food service asset. It may also fit redevelopment planning where both the building and parking sites are part of the same ownership group. For additional specifics on current operations and parcel details, contact the listing agent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coffee shops

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • I Love Juice Bar - Memphis — 553 Cooper St, Memphis, TN 38104
    • Alfonso Dining Hall — Thomas Center, 650 E Pkwy S, Memphis, TN 38104
    • Muddy's Bake Shop + Coffee — 585 cooper st, memphis, tn 38104
    • Mo’Bay Beignet Co. Memphis — 585 Cooper St, Memphis, TN 38104
    • K&B’s Smooth Nutrition — 588 Cooper St, Memphis, TN 38104

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.017443
    Latitude
    35.132884

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    FAQs

    What type of property is this?
    Coffee shop - For sale restaurant building plus two dedicated parking lots across four parcels in Midtown Memphis.
    Where is this coffee shop located?
    The property is located at 1324 PEABODY Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $1,599,900.
    What are key features of this property?
    This property features: 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
    (901) 503-3947
    We can help!
    Contact an agent
    David Truong
    David Truong
    Real Estate License ID: 17938
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