Second-Generation
For Sale
Contact for pricing
153 E Ge Patterson Ave, Memphis, TN 38103
Second-generation restaurant for sale with 4,493 SF and strong downtown visibility near major attractions.
Property Size4,493 SF
Price / SF$122.41
Days on Market67
Property Features for 153 E Ge Patterson Ave
General Information
Standard status
Active
Size
4,493 SF
Property subtype
Retail
Investment Type
Owner/User
Listing Agency:
NAI Saig Company
Listed By:
James McCraw, CCIM · License #TN 340992
(901) 410-3311
Source:
Crexi
Added: Jul 1
Changed: Aug 28
Last Checked: Sep 1 at 7:33PM
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 NAI Saig Company
Investment Insights
Based on property information with market context.
This 4,493 SF second-generation restaurant is being offered for sale as an owner-user or investor opportunity. The property is presented as a restaurant space with existing second-generation configuration.
The location is described as being in the heart of the South Main Arts District in downtown Memphis, with walkable access and strong visibility. It also notes convenient access to major downtown attractions.
Given its second-generation restaurant status and downtown positioning, the space is well suited for a user looking for a restaurant facility in an established, high-activity area.
The location is described as being in the heart of the South Main Arts District in downtown Memphis, with walkable access and strong visibility. It also notes convenient access to major downtown attractions.
Given its second-generation restaurant status and downtown positioning, the space is well suited for a user looking for a restaurant facility in an established, high-activity area.
Key Highlights
- 4,493 SF second‑generation restaurant space
- Located in the South Main Arts District in downtown Memphis
- Walkable area with convenient access to major downtown attractions
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,456
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 72%
Apparel 17%
Shops & Services 11%
Memphis Central Station
Hotels & Casinos
12,197 visits/mo
0.1 miles
Catherines
Apparel
2,873 visits/mo
0.4 miles
Valero Energy
Shops & Services
1,782 visits/mo
0.3 miles
Demographics for 38103, TN
14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
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Similar Off Market Nearby
- China tow — Memphis, TN 38103
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Second-generation restaurant for sale with 4,493 SF and strong downtown visibility near major attractions.
Where is this conventional restaurant located?
The property is located at 153 E Ge Patterson Ave Memphis, TN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4,493 SF second‑generation restaurant space; Located in the South Main Arts District in downtown Memphis; Walkable area with convenient access to major downtown attractions
