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    141 E Carolina Ave Memphis, TN 38103

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    For Lease
    Contact for pricing

    Restaurant and bar space with outdoor amenities for lease.

    Property size:
    2,787 SF
    Lot size:
    0.39 Acres

    Property Features for 141 E Carolina Ave

    General Information

    Size
    2,787 SF
    Lot size
    0.39 Acres

    Source: Jones Aur Commercial Real Estate | Memphis Agent Carson Kane

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Bar Ready Space

    This property, previously operated as a restaurant and bar, offers 2787 square feet of space. It includes a courtyard, stage area, stone brick smoking pit, and an outdoor activity area. The property comes with all furniture, fixtures, and equipment included, making it ready for immediate operation. Additionally, the property features an indefinite lease of 2 acres from CSX Railroad that is transferable to new owners.
    Insight Report Location Intelligence

    Current Use by Public Records

    Carolina Watershed Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Silky O'Sullivan's, The Warehouse, Eight & Sand, Loflin Yard, Momma's

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0576402
    Latitude
    35.1280119

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    FAQs

    What type of property is this?
    Bar - Restaurant and bar space with outdoor amenities for lease.
    Where is this bar located?
    The property is located at 141 E Carolina Ave Memphis, TN.
    What are key features of this property?
    This property features: - Includes all furniture, fixtures, and equipment, ready for immediate operation as a restaurant and bar.; - Transferable indefinite lease of additional 2 acres from CSX Railroad.; - Features a courtyard, stage area, stone brick smoking pit, and outdoor activity area.
    (901) 515-7767
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    141 E Carolina Ave Memphis, TN 38103
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    Memphis, TN 38103
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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
    141 E Carolina Ave Memphis, TN 38103
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