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Corner Restaurant Building with Kitchen
For Sale
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1381 Elvis Presley Blvd, Memphis, TN 38106

Restaurant building for sale featuring built-out kitchen on a corner lot.

Property Size1,176 SF
Lot Size0.09 Acres
Days on Market122

Property Features for 1381 Elvis Presley Blvd

General Information

Standard status Active
Size 1,176 SF
Lot size 0.09 Acres
Property subtype Retail
Listing Agency: LPI Memphis Inc
Listed By: Katie Harris · License #TN 357469
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 6:35PM

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 LPI Memphis Inc

Investment Insights

Based on property information with market context.

This for-sale restaurant building includes existing restaurant space with a built-out commercial kitchen. The property is situated on a 0.093-acre lot.

The building is located on the corner of Elvis Presley Boulevard and South Parkway East, with traffic counts of 17,142 VPD on Elvis Presley Boulevard and 16,393 VPD on South Parkway East.

At 1,176 sf, the space is geared toward restaurant operations with an in-place kitchen configuration.

Key Highlights

  • 1,176 SF restaurant building for sale on a 0.093‑acre lot
  • Existing built‑out kitchen in place for restaurant use
  • Corner location on Elvis Presley Boulevard and South Parkway East

Property Analytics

Current Use

Total by Verizon Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Building Supply Spa & Massage Center

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

257
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
4,896 visits/mo 0.4 miles
AutoZone Shops & Services
2,978 visits/mo 0.1 miles

Demographics for 38106, TN

22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant building for sale featuring built-out kitchen on a corner lot.
Where is this conventional restaurant located?
The property is located at 1381 Elvis Presley Blvd Memphis, TN.
What are key features of this property?
This property features: 1,176 SF restaurant building for sale on a 0.093‑acre lot; Existing built‑out kitchen in place for restaurant use; Corner location on Elvis Presley Boulevard and South Parkway East
More about this property
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