2097 Madison Ave Memphis, TN 38104
This exceptional commercial property, located at 2097 Madison Ave in Memphis, Tennessee, presents a unique investment opportunity. The 1-story, 1910-built building offers approximately 1,100 square feet of flexible space, ideal for a variety of retail or industrial uses. Boasting a prime Overton Square location, this property benefits from high foot traffic and proximity to popular attractions including movie theaters, art galleries, and bars. The building features a ceiling height ranging from 11 to 12.9 feet, providing ample vertical space. This turnkey business has operated successfully for 30 years, cultivating a loyal customer base. While the current owner is not under pressure to sell, they are open to exploring offers for this established enterprise. The asking price is $175,000. The property is situated in Shelby County, zip code 38104, and offers a rare chance to acquire a well-established business in a vibrant Memphis neighborhood. The building's unique corner location further enhances its visibility and appeal. This is an excellent opportunity for an entrepreneur seeking a ready-made business with significant growth potential. The property is zoned for commercial use.
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Golden India Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.