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Former Restaurant in Medical District

1308 Union Ave, Memphis, TN

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For Sale

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1,400 SF former restaurant in Memphis' medical district.

Type:RETAIL

Property size:

1,400 SF

Lot size:

0.16 Acres

Price / SF:

$1,071/SF

HighLights

High traffic count of 44,641 VPD on Union Avenue.
Located in Memphis' busy medical district.
Easy access to I‑240, I‑40, and I‑55.
Located in an opportunity zone with potential incentives.
Union Avenue frontage.
1,400± square foot building on 0.156± acres.

We can help!

Listing Contact

Henry Stratton

For Sale

Contact for pricing

1,400 SF former restaurant in Memphis' medical district.

Type:RETAIL

Property size:

1,400 SF

Lot size:

0.16 Acres

Price / SF:

$1,071/SF

Added:: Aug 5, 2025
Days on Market:: 310
Last Refresh:: May 20 at 9:54 pm

Property Features for 1308 Union Ave

General Information

Standard status: Active
Size: 1,400 SF
Lot size: 0.16 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Henry Stratton

Listing agent Henry Stratton License #357175

Listing office Colliers | Memphis

Listing date Aug 5, 2025

Source Moodyscre

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 Colliers | Memphis

HighLights

High traffic count of 44,641 VPD on Union Avenue.
Located in Memphis' busy medical district.
Easy access to I‑240, I‑40, and I‑55.
Located in an opportunity zone with potential incentives.
Union Avenue frontage.
1,400± square foot building on 0.156± acres.

Overview

This 1,400 square foot building, formerly a restaurant, is located near the corner of Cleveland Street and Union Avenue in Memphis, Tennessee. Situated on approximately 0.156 acres with frontage on Union Avenue, the property benefits from its location within an opportunity zone in Memphis' busy medical district, potentially offering various incentives. The site provides convenient access to I-240, I-40, and I-55. Traffic counts on Union Avenue average 44,641 vehicles per day. The property is suitable for restaurant or retail use.

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Similar Places Nearby

Ben & Jerry's — 261 Riverside Dr, Memphis, TN 38103
Delectables Catering — 409 S Main St, Memphis, TN 38103
Hudson Dining Experience — 60 S Main St #209, Memphis, TN 38103
Black Sheep Catering — 409 S Main St, Memphis, TN 38103
Lunchbox Eats — 288 S 4th St, Memphis, TN 38126

Location Insight

Map
Local Demand

City: Memphis
County: Shelby
State: Tennessee
Longitude: -90.0179
Latitude: 35.1372

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For sale
Restaurants
TN
Memphis
1308 Union Ave

What type of property is this?

Restaurant - 1,400 SF former restaurant in Memphis' medical district.

Where is this restaurant located?

The property is located at 1308 Union Ave Memphis, TN.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: High traffic count of 44,641 VPD on Union Avenue.; Located in Memphis' busy medical district.; Easy access to I‑240, I‑40, and I‑55.

1308 Union Ave, Memphis, TN

1,400 SF former restaurant in Memphis' medical district.

Property Features for 1308 Union Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

High-Traffic Commercial Space in Memphis

Flex Industrial Building with Office

Memphis Commercial Property For Sale

East Memphis Multifamily Investment Opportunity

Versatile Commercial Property in Memphis

Mixed-Use Commercial Building in Memphis

Freestanding Retail Redevelopment Building

Gated Townhome Community in Memphis

Midtown Memphis Multifamily Investment

Memphis Commercial Property for Sale

Office Building in Medical District

Restaurant Building in Wolfchase Area

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