Turnkey Restaurant and Bar
124 G E PATTERSON Ave, Memphis, TN 38103
COMMERCIAL - Memphis, TN
- Added:
- Feb 6, 2025
- Days on Market:
- 477
- Last Refresh:
- May 29 at 10:06 pm
Property Features for 124 G E PATTERSON Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 7995
Building Details
- Year built
- 1949
Listing agent Todd Adams (901) 870-7633
Listing office Keller Williams 775 Ridge Lake Blvd Ste 400, Memphis, TN (901) 261-7900
Listing date Feb 6, 2025
MLS# 10189534
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.
HighLights
- Turnkey restaurant and bar ready for immediate operation.
- Prime location in the South Main district, an Opportunity Zone with high foot traffic.
- Fully equipped kitchen including walk‑in cooler and pizza oven.
- Two floors with two full bars, multiple dining areas, and indoor/outdoor seating.
- Private parking lot for customer convenience.
- Proximity to major attractions like the National Civil Rights Museum and Central Station Hotel.
Overview
Located at 124 E G E Patterson Ave in Memphis, TN, this turnkey restaurant and bar presents a rare opportunity in the South Main district, an Opportunity Zone. The fully equipped property is ready for immediate operation. The main floor features a welcoming entryway, a full bar, booth seating, lighting, coolers, a full kitchen with a walk-in cooler and pizza oven, two restrooms, and a fenced front patio. The upstairs area includes two large dining rooms, another full bar, coolers, sinks, tables, chairs, booth seating, an office, storage, one bathroom, and an outdoor patio with balcony views. A private parking lot provides convenience. The property is located near the National Civil Rights Museum, Central Station Hotel, the historic Arcade diner, Central BBQ, and the Trolley Line, benefiting from high foot traffic. Situated a mile from Beale Street, the Peabody Hotel, and FedEx Forum, and surrounded by condos, apartments, and homes, this location is suited for a neighborhood hotspot. This is an opportunity to own a piece of Memphis's culinary scene.
Property Profile
Location Intelligence
Current Use by Public Records
Parlay Restaurant and Bar
Restaurant
V124
Restaurant
Similar Places Nearby
- Silky O'Sullivan's — Memphis, TN 38103
- The Warehouse — 36 East GE Patterson Ave, Memphis, TN 38103
- Eight & Sand — 545 S Main St, Memphis, TN 38103
- Loflin Yard — 7 W Carolina Ave, Memphis, TN 38103
- Momma's — 855 Kentucky St, Memphis, TN 38106
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.058045
- Latitude
- 35.132997
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Fully equipped restaurant and bar in Memphis's South Main district.
Where is this bar & pub located?
The property is located at 124 G E PATTERSON Ave Memphis, TN.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Turnkey restaurant and bar ready for immediate operation.; Prime location in the South Main district, an Opportunity Zone with high foot traffic.; Fully equipped kitchen including walk‑in cooler and pizza oven.
