152 Beale St Memphis, TN 38103
- Retail properties
- 14,137 SF
Current Use by Public Records
- Club 152 / Bar / Night Club
Property Details for 152 Beale St
- Property size
- 14,137 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 14,137 square foot, three-story retail building is located in the vibrant Beale Street Entertainment District of Memphis, Tennessee. Currently vacant, this leasehold opportunity boasts a remaining term of 8.9 years and offers significant potential for a variety of restaurant or entertainment uses. The property features multiple stages and a bar on each of its three floors, providing ample space for a dynamic and engaging establishment. A fully operational kitchen, complete with all necessary equipment, is included on the ground floor, ready for immediate use. The building benefits from the high foot traffic of Beale Street, which attracts over four million visitors annually, placing it in the heart of Memphis's premier entertainment area. Its prime location offers close proximity to iconic Memphis venues such as the FedEx Forum, The Orpheum Theatre, and AutoZone Park, ensuring high visibility and accessibility for patrons. There are no rent bumps included in the lease terms. This is a rare chance to acquire a well-equipped, established space in one of Memphis's most sought-after locations. The property is zoned for commercial use and is ready for immediate occupancy. This turnkey opportunity is perfect for an experienced operator looking to capitalize on the thriving Beale Street scene.
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
- -90.0529
- Latitude
- 35.14
