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    2097 Madison Ave Memphis, TN 38104

    Sponsored
    For Sale
    $165,000

    Commercial - Memphis, TN

    Days on Market:
    351
    Last Refresh:
    Jan 8 at 6:06 pm

    Property Features for 2097 Madison Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1910
    Architectural style
    Other

    Pinnacle Realty (901) 290-8290 [email protected]

    Listing agent Jeanette Lin (901) 707-7700

    Listing date Jan 23, 2025

    MLS# 10188660 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

    Overton Square Turnkey Restaurant Opportunity

    This commercial property, located in Memphis, Tennessee, presents an opportunity for restaurant or retail use. Situated in a corner building in Overton Square, the property has housed a family-run business for 30 years. The location is near movie theaters, galleries, and bars. The property is a turnkey business opportunity with an established clientele. The current business, Golden India, has operated at this location for many years.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Golden India Indian Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Iris Etc., Off the Square Catering, Fork It Over Catering, Fuel Catering and Food Trucks, Cole's Concoctionz

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9914298
    Latitude
    35.1366181

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    FAQs

    What type of property is this?
    Restaurant - Established restaurant in prime location with dedicated clientele.
    Where is this restaurant located?
    The property is located at 2097 Madison Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Prime Overton Square location: Benefit from high foot traffic in this highly desirable area.; - Established business with 30 years of operation: Leverage a proven track record and dedicated customer base.; - Turnkey business opportunity: Ready for immediate operation.
    (901) 335-7447
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2097 Madison Ave Memphis, TN 38104
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