Conventional Restaurant
For Sale
$50,000
1172 N HOLLYWOOD St, Memphis, TN 38108
COMMERCIAL - Memphis, TN
Property SizeContact for details
Days on Market145
Property Features for 1172 N HOLLYWOOD St
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
VANNDALE BLK 2
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
523
Building Details
Year built
1980
Listing Agency:
Pinnacle Realty
(901) 707-7700
Listed By:
Jo Mathes · License #272839
(901) 490-0092
Added: Apr 9
Changed: Aug 4
Last Checked: Aug 31 at 10:06AM
MLS# 10218883
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.
Investment Insights
Based on property information with market context.
Located at 1172 N Hollywood St in Memphis, Tennessee, this commercial property was built in 1980 and is currently leased on a month-to-month basis. The existing lease structure supports near-term occupancy while leaving future planning options open.
The stated use profile includes restaurant, event hall, nightclub, lounge, and retail applications. This range of potential business formats gives the property relevance for both restaurant-focused operations and other customer-facing commercial concepts. The asset is offered for sale to investors or owner-users.
The stated use profile includes restaurant, event hall, nightclub, lounge, and retail applications. This range of potential business formats gives the property relevance for both restaurant-focused operations and other customer-facing commercial concepts. The asset is offered for sale to investors or owner-users.
Key Highlights
- Built in 1980
- Currently leased on a month‑to‑month basis
- Stated potential for restaurant, event hall, nightclub, lounge, or retail use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 38%
Electronics 3%
Family Dollar
Shops & Services
7,265 visits/mo
0.4 miles
Church's Chicken
Dining
4,690 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
356 visits/mo
0.3 miles
Demographics for 38108, TN
17,051
Population
7,881
Households
2.2
Avg Household Size
34
Median Age
11%
College-Educated
73%
High-School Grad
7.6 sq mi
ZIP Area
2,244
Density / Sq Mi
$35,435
Median Household Income
$32,126
Median Earnings
$921
Median Rent
$62,600
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Month-to-month occupancy allows flexibility for future planning and potential business repositioning.
Where is this conventional restaurant located?
The property is located at 1172 N HOLLYWOOD St Memphis, TN.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Built in 1980; Currently leased on a month‑to‑month basis; Stated potential for restaurant, event hall, nightclub, lounge, or retail use
