2097 Madison Ave Memphis, TN 38104
- Commercial real estate
Current Use by Public Records
- Golden India / Indian Restaurant / Asian Restaurant
Property Details for 2097 Madison Ave
- Year built
- 1910
- Property type
- Commercial real estate
Description
This exceptional opportunity presents the chance to acquire an established restaurant in Memphis' vibrant Overton Square. Operating successfully for 30 years, this family-run business boasts a prime corner location within walking distance of movie theaters, art galleries, and numerous bars, ensuring high foot traffic and visibility. The restaurant has cultivated a dedicated and loyal customer base over its three decades of operation, providing a solid foundation for continued success. The sale includes a complete turnkey operation, meaning everything is in place for a smooth transition. The current owner is seeking a new chef to elevate the business to even greater heights. While not under pressure to sell, the owner is now open to exploring offers. This presents a rare chance to acquire a well-established business in a highly desirable location, ready for a new owner to build upon its existing success. The building itself is unique and adds to the overall appeal of this exceptional offering. This is a truly remarkable opportunity for an experienced restaurateur looking to establish themselves in a thriving Memphis neighborhood. The asking price is $165,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9914
- Latitude
- 35.1366
