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Multi-Use Commercial Building on 3.54 Acres
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645 Georgia Ave, Memphis, TN 38126

Foreclosure Auction - 42,000+/-SF Multi-Use Commercial Building on 3.54+/- Acres

Property Size42,000 SF
Lot Size3.54 Acres
Days on Market342

Property Features for 645 Georgia Ave

General Information

Standard status Active
Property type Night clubs, Mixed-use properties, Other sports & entertainment properties, Sports & entertainment properties
Size 42,000 SF
Lot size 3.54 Acres
Listing Agency:
Listed By: Wyatt
Added: Sep 23, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This multi-use commercial building, formerly known as Club Paradise, offers 42,000 square feet of space on a 3.54-acre site. Zoned CMU-1, the property allows for flexible commercial and mixed-use development. Recent improvements have been reported, including enhancements to access, upgraded lighting and signage, and roof work. The property is located within 2 miles of downtown Memphis and the entertainment district, positioning it in the South City Redevelopment Corridor. It benefits from prominent street frontage and excellent visibility along East Georgia Avenue. The site is well-suited for adaptive reuse or continuation as a club and event venue. Located within a Federal Opportunity Zone, the property offers potential tax incentives.

Property Analytics

Current Use

Paradise Entertainment Center ... Nightclub The Soul Train Lounge ... Nightclub The Soul Train Nightclub

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Law Firm Pharmacy HVAC Service 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.

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38126, TN

5,717
Population
3,260
Households
1.8
Avg Household Size
32
Median Age
14%
College-Educated
82%
High-School Grad
1.9 sq mi
ZIP Area
3,009
Density / Sq Mi
$30,825
Median Household Income
$32,396
Median Earnings
$794
Median Rent
$59,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Loflin Yard 7 W Carolina Ave, Memphis, TN 38103
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  • J & B Lounge 687 Walnut St, Memphis, TN 38126
  • Silky O'Sullivan's Memphis, TN 38103
  • The Warehouse 36 East GE Patterson Ave, Memphis, TN 38103

Frequently Asked Questions

What type of property is this?
Night club - Foreclosure Auction - 42,000+/-SF Multi-Use Commercial Building on 3.54+/- Acres
Where is this night club located?
The property is located at 645 Georgia Ave Memphis, TN.
More about this property
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