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Historic Restaurant & Event Venue
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1433 Union Ave, Memphis, TN 38104

Renovated restaurant property with event rooms, two bars, fireplaces, and an outdoor patio.

Property Size17,966 SF
Lot Size1.18 Acres
Days on Market9

Property Features for 1433 Union Ave

General Information

Standard status Active
Size 17,966 SF
Lot size 1.18 Acres
Property subtype Retail

Site & Location

Traffic Count 27,961 vehicles/day
Road Access Yes

Additional Details

Patio Yes

Amenities

multiple dining/event rooms
2 full bars
9 fireplaces

Building Details

Building Size 17,966 SF
Year Built 1890
Year Renovated 2024
Buildings 1
Construction brick
Listing Agency: Jones Aur Commercial Real Estate
Listed By: Laura Trezevant · License #363429
Source: Jonesaur
Added: Aug 22 Changed: Aug 30 Last Checked: Aug 30 at 3:10PM

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 Jones Aur Commercial Real Estate

Investment Insights

Based on property information with market context.

Built in 1890, this 19,330-square-foot historic mansion occupies 1.18 acres along Union Avenue and now operates as a restaurant and private event venue. A 2024 renovation added modern commercial infrastructure, including a full commercial kitchen, while preserving the building’s historic character. The interior includes multiple dining and event rooms, two full bars, and nine fireplaces, complemented by an outdoor patio.

The property supports restaurant, event venue, boutique hospitality, and private club uses. Union Avenue recorded 27,961 AADT in 2025, providing a measurable traffic context for the site. Its combination of historic architecture, hospitality improvements, and event-oriented spaces creates a distinctive commercial restaurant setting.

Key Highlights

  • 19,330‑square‑foot historic mansion built in 1890
  • 1.18‑acre property fronting Union Avenue
  • Renovated in 2024 with a full commercial kitchen

Property Analytics

Current Use

Red Hook Cajun ... Restaurant Tekila Mexican Cuisine Restaurant The Nineteenth Century Club Tour Operator

Suggested Use

Top Pick HVAC Service Electrical Service Pet Grooming Service Grocery & Convenience Store Clothing & Fashion Store Furniture & Home Goods

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

Lease Details

27,961 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,645
Businesses Nearby
197k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 75% Shops & Services 14% Groceries 6% Electronics 2%
Cook Out Dining
20,660 visits/mo 0.2 miles
Wendy's Dining
19,151 visits/mo 0.4 miles
Taco Bell Dining
15,629 visits/mo 0.1 miles
7 Brew Coffee Dining
14,264 visits/mo 0.5 miles
Starbucks Dining
13,379 visits/mo 0.1 miles

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated restaurant property with event rooms, two bars, fireplaces, and an outdoor patio.
Where is this conventional restaurant located?
The property is located at 1433 Union Ave Memphis, TN.
What are key features of this property?
This property features: 19,330‑square‑foot historic mansion built in 1890; 1.18‑acre property fronting Union Avenue; Renovated in 2024 with a full commercial kitchen
More about this property
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