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Restaurant Space For Sale
For Sale
$275,000

2731 LAMAR N AVE, Memphis, TN 38114

4,000 SF restaurant space in Memphis available for sale.

Property Size4,000 SF
Price / SF$68.75
Days on Market920

Property Features for 2731 LAMAR N AVE

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1956
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Romond McClinton · License #352723
Source: Exitrealty
Added: Jan 24, 2024 Changed: Jul 6 Last Checked: Jul 31 at 5:55AM

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 Crye-Leike, Inc., REALTORS

Investment Insights

Based on property information with market context.

A 4,000 square foot restaurant property is available for sale in Memphis. This spacious venue offers possibilities for culinary ventures. It is suited for restaurateurs seeking a strategic location and ample space.

Key Highlights

  • 4,000 square foot restaurant space
  • Prime location in Memphis
  • Endless possibilities for culinary ventures

Property Analytics

Current Use

Money 4U Tax Preparation Fish Net Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Pharmacy Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

389
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Regions Bank Shops & Services
5,970 visits/mo 0.3 miles
Little Caesars Pizza Dining
5,687 visits/mo 0.1 miles
BP Shops & Services
5,604 visits/mo 0.2 miles
Exxon Shops & Services
5,515 visits/mo 0.2 miles

Demographics for 38114, TN

23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - 4,000 SF restaurant space in Memphis available for sale.
Where is this conventional restaurant located?
The property is located at 2731 LAMAR N AVE Memphis, TN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 4,000 square foot restaurant space; Prime location in Memphis; Endless possibilities for culinary ventures
More about this property
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