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Restaurant and Warehouse Property
For Sale
$195,000

3145 WATKINS St, Memphis, TN 38127

For sale with a full restaurant, a warehouse, and additional included equipment across five parcels.

Property SizeContact for details
Days on Market718

Property Features for 3145 WATKINS St

General Information

Standard status Active
Property subtype General Commercial

Amenities

Central Air
3
Corner Lot.
Asphalt.
110 X 110
Extra Storage. In City, Corner.

Building Details

Year Built 1957
Listing Agency: eXp Realty, LLC
Listed By: Jason Miller · License #328506
Source: Xome
Added: Sep 18, 2024 Changed: Sep 2 Last Checked: Sep 5 at 5:55AM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This property includes a full restaurant plus a warehouse, along with three additional parcels, for a total of five parcels. The offering is sold with all equipment included.

The combination of restaurant space and warehouse area provides an integrated setup within a multi-parcel configuration.

For buyers seeking an owner-occupied restaurant layout with attached storage or operating flexibility, this parcel group is presented as a complete package with equipment staying.

Key Highlights

  • Corner lot with asphalt parking and lot dimensions of 110 x 110
  • Full restaurant plus warehouse included as part of the property offering
  • Includes equipment that stays with the sale

Property Analytics

Current Use

tysons fish & chicken Restaurant

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom 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

298
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38127, TN

40,679
Population
17,560
Households
2.3
Avg Household Size
33
Median Age
11%
College-Educated
83%
High-School Grad
37.8 sq mi
ZIP Area
1,076
Density / Sq Mi
$37,768
Median Household Income
$31,790
Median Earnings
$1,104
Median Rent
$82,500
Median Home Value

Market

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019
6.3% 2020
4.8% 2021
4.5% 2022
7.4% 2023
8.8% 2024
8.5% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - For sale with a full restaurant, a warehouse, and additional included equipment across five parcels.
Where is this conventional restaurant located?
The property is located at 3145 WATKINS St Memphis, TN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Corner lot with asphalt parking and lot dimensions of 110 x 110; Full restaurant plus warehouse included as part of the property offering; Includes equipment that stays with the sale
More about this property
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