Property summary
This exceptional 3,411 square foot retail property, situated on a 0.46-acre lot in Memphis, Tennessee's Bartlett area, presents a remarkable investment opportunity. Conveniently located just off U.S. Route 79, this established bar/restaurant benefits from high visibility and proximity to major commercial retailers, industrial centers, and residential areas, ensuring a robust customer base. The property boasts ample parking for both employees and patrons, a significant advantage in a high-traffic location. Recent upgrades significantly enhance the property's value and functionality. These improvements include the complete replacement of all four HVAC units, the hot water heater, and a full renovation of the bathrooms. Furthermore, the outdoor patio area has also been updated. The property's current operational status requires that interested parties refrain from disturbing the existing business. This turnkey opportunity is ideal for an established business seeking expansion or a new venture looking for a well-maintained space in a prime location. Detailed financial information and operational details are available upon request. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Location
Value estimations
Owner & transaction history
Zoning & alternative use
3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations w…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CMU-3 · Memphis, TN3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations w…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations w…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CMU-3 in Memphis, TN.
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