Restaurant with Upstairs
For Sale
$375,000
787 51 Hwy S, Ripley, TN 38063
Commercial/Industrial, Ripley, TN
Property SizeContact for details
Days on Market118
Property Features for 787 51 Hwy S
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
see deed
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
3150
Amenities
apartment
Building Details
Year built
1982
Listing Agency:
Unique Properties
(731) 635-3660
Listed By:
Brian Maclin · License #319286
(731) 676-6962
Added: May 7
Changed: Aug 19
Last Checked: Sep 1 at 2:06AM
MLS# 10221011
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1982, this restaurant property includes two bars, a spacious kitchen with dedicated preparation space, and five distinct dining areas. An upstairs apartment adds one bedroom and one bathroom to the existing restaurant configuration. On-site parking is also included.
The property occupies a Hwy 51 setting in Ripley, near a local hotel, the Justice Center, and a new hospital. Its combination of restaurant infrastructure, separate dining spaces, bar areas, and residential accommodation creates a flexible physical layout for continued restaurant use.
The property occupies a Hwy 51 setting in Ripley, near a local hotel, the Justice Center, and a new hospital. Its combination of restaurant infrastructure, separate dining spaces, bar areas, and residential accommodation creates a flexible physical layout for continued restaurant use.
Key Highlights
- Two bars and a large kitchen with prep area
- Five separate dining areas
- Upstairs apartment with 1 bedroom and 1 bath
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 38063, TN
16,033
Population
7,070
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
285.2 sq mi
ZIP Area
56
Density / Sq Mi
$48,578
Median Household Income
$37,121
Median Earnings
$731
Median Rent
$137,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with multiple dining areas, bar service, commercial kitchen, and an upstairs apartment.
Where is this conventional restaurant located?
The property is located at 787 51 Hwy S Ripley, TN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two bars and a large kitchen with prep area; Five separate dining areas; Upstairs apartment with 1 bedroom and 1 bath
