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3573 Southern Ave Memphis, TN 38111

Sponsored
For Sale
$500,000

Other (See REMARKS) - Memphis, TN

Property size:
2,460 SF
Days on Market:
1
Last Refresh:
Feb 25 at 6:06 pm

Property Features for 3573 Southern Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
CMU-1
Size
2,460 SF

Building Details

Year built
1930
Architectural style
Other

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Listing Contact
Scott Carrier
Scott Carrier

KELLER WILLIAMS® (901) 221-5100

Listing agent Scott Carrier (901) 221-5100

Listing date Feb 25, 2026

MLS# 10215349 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.

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Property Insight Report

Overview

Turnkey Restaurant Opportunity on Southern

This turnkey restaurant opportunity is available for sale or lease, with possible owner financing. The property is located on Southern Avenue in a high-traffic corridor near the University of Memphis, Normal Station, and Buntyn. The 2,460 square foot brick building was built in 1930 and is currently operating as India Kitchen since 2023. The property is zoned CMU-1 (Commercial Mixed-Use, Neighborhood), allowing full food service by right without conditional permits. The restaurant includes a $50,000 walk-in freezer, an equipped kitchen with hoods and a grease trap, and seating for over 40 people. It is set up for delivery service. The location is ideal for dine-in or takeout, or the space could be rebranded as a cafe, fast-casual restaurant, or bar. Note that a liquor license is separate. The property features updated HVAC and electrical systems, a charming historic exterior, prime visibility, walkability, and parking in the rear. It is ready for immediate operation or a fresh concept.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Cooperative Memphis Sustainability Organization G.O.T. Power Charitable Organization India Kitchen Restaurant PERL | People for the Enforcement ... Charitable Organization H.O.P.E. (Homeless Organizing ... Charitable Organization

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.943068
Latitude
35.115662

FAQs

What type of property is this?
Turn key restaurant - Restaurant for sale or lease in high-traffic Memphis location.
Where is this turn key restaurant located?
The property is located at 3573 Southern Ave Memphis, TN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: - Turnkey restaurant opportunity on high-traffic Southern Ave.; - Zoned CMU-1, allowing full food service by right.; - Equipped kitchen with hoods, grease trap, and walk-in freezer.
More about this property
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