3573 SOUTHERN Memphis, TN 38111
- Added:
- Feb 25, 2026
- Days on Market:
- 34
- Last Refresh:
- Mar 31 at 5:06 pm
Property Features for 3573 SOUTHERN
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CMU-1
- Standard status
- Active
- Size
- 2,460 SF
Taxes and HOA fees
- TaxAnnualAmount
- 7546
Building Details
- Year built
- 1930
- Architectural style
- Other
Listing agent Scott Carrier (901) 221-5100
Listing office Keller Williams 9087 Poplar Avenue #101, Memphis, TN (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.
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
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.943068
- Latitude
- 35.115662
Nearby Similar for Sale
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 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.
