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Second-Generation Restaurant Space
For Sale
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105 South 2nd Street, Memphis, TN 38103

Second-generation restaurant with existing commercial hood and kitchen infrastructure suited for experienced operators.

Property Size6,447 SF
Days on Market64

Property Features for 105 South 2nd Street

General Information

Standard status Active
Size 6,447 SF
Property subtype Retail

Additional Details

Business Included Yes
Commercial Hood Yes

Building Details

Building Size 6,447 SF

Properties For Sale

at 105 South 2nd Street Contact us

105 S 2nd St

Size
6,447 SF
Term
Negotiable
Contact us
Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Jonathan Aur · License #363429
Source: Jonesaur
Added: Jun 7 Changed: Aug 8 Last Checked: Jun 11 at 2:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jones Aur Commercial Real Estate | Memphis

Investment Insights

Based on property information with market context.

This for-sale restaurant space is a second-generation buildout totaling 6,447 SF. The layout includes commercial kitchen infrastructure, including a hood and supporting systems, intended to reduce upfront buildout costs for an incoming operator.

The property is located in Downtown Memphis’s dining and entertainment district. It sits across from the historic Peabody Hotel and is described as within walking distance of the Beale Street Entertainment District, with surrounding uses that include hotels, entertainment, office, and residential density.

For a tenant or buyer, the existing commercial hood and kitchen infrastructure make the space particularly practical for concepts that want to take advantage of an improved restaurant-ready setup. The downtown setting, surrounded by hospitality and entertainment uses, also supports restaurants seeking an urban, high-activity environment.

Key Highlights

  • 6,447 SF second‑generation restaurant space in downtown Memphis
  • Located in Downtown Memphis dining and entertainment district
  • Across from the historic Peabody Hotel and within walking distance to the Beale Street Entertainment District

Property Analytics

Current Use

Flying Fish Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Pet Grooming Service Tanning Salon Carpet & Flooring Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,122
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 40% Hotels & Casinos 33% Dining 27%
Memphis Central Station Hotels & Casinos
12,197 visits/mo 0.2 miles
Family Dollar Shops & Services
8,090 visits/mo 0.4 miles
Captain D's Dining
5,839 visits/mo 0.5 miles
Exxon Shops & Services
5,065 visits/mo 0.4 miles
KFC Dining
4,005 visits/mo 0.5 miles

Demographics for 38103, TN

14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
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Similar Off Market Nearby

  • China tow Memphis, TN 38103

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant with existing commercial hood and kitchen infrastructure suited for experienced operators.
Where is this conventional restaurant located?
The property is located at 105 South 2nd Street Memphis, TN.
What are key features of this property?
This property features: 6,447 SF second‑generation restaurant space in downtown Memphis; Located in Downtown Memphis dining and entertainment district; Across from the historic Peabody Hotel and within walking distance to the Beale Street Entertainment District
More about this property
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