Germantown, TN Restaurants for Sale

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Southaven, MS Olive Branch, MS Horn Lake, MS Walls, MS Lake, MS Nesbit, MS Piperton, TN Lake Cormorant, MS

53 properties

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Updated: Jun 24

Coffee Shop Building

1324 PEABODY Ave, Memphis, TN 38104

$1,299,900

Two‑parcel assemblage at 1324‑1330 Peabody Ave
Restaurant building operated as Pearl's Tea & Coffee House
1924 building construction
Located near Central Gardens, Overton Square, Downtown Memphis, and the Medical District
Surrounded by restaurants, retail, offices, and residential neighborhoods

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Updated: Apr 16

Freestanding Restaurant Building

2740 BARTLETT Rd, Bartlett, TN 38134

$729,000

Freestanding restaurant building constructed in 1984
Fully leased with an established tenant in place
Corner location at Bartlett Road and Bartlett Boulevard
Dual road frontage
On‑site parking

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Auto Shop with Mixed Uses

2383 CHELSEA Ave, Memphis, TN 38108

$315,000

Established commercial property combines automotive, restaurant, and appliance retail operations in one location.

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Historic Mixed-Use Property

126 Monroe Ave, Memphis, TN 38103

$875,000

10,187 sqft

Restaurant, retail, and residential components create a flexible downtown commercial configuration.

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Mobile Home Park with Restaurant

3023 LAMAR Ave, Memphis, TN 38114

$250,000

The property includes a duplex, two mobile homes, storage sheds, and a centralized mailbox hub.

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Restaurant with Enclosed Patio

733 CHELSEA Ave E, Memphis, TN 38107

$399,900

Operating restaurant property with a commercial kitchen, bar, dedicated storage, and included equipment.

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Equipped Two-Story Restaurant

124 G E PATTERSON Ave, Memphis, TN 38103

$975,000

Restaurant and bar with commercial kitchen equipment, multiple dining areas, private parking, and outdoor seating.

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Two-Level Restaurant Condominium

95 S Main St, Memphis, TN 38103

$694,000

3,065 sqft

Built-out restaurant space includes a vent hood, bar areas, dining rooms, kitchen, office, and three restrooms.

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Month-to-Month Storefront Property

1172 N HOLLYWOOD St, Memphis, TN 38108

$50,000

The property is identified for restaurant, event, lounge, nightclub, and retail uses.

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Bar & Pub Property

1217 THOMAS St, Memphis, TN 38107

$40,000

Built in 1936 and offered together with 1215 Thomas St.

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Drive-Thru Coffee Kiosk NNN

1698 Poplar Ave, Memphis, TN 38112

$1,805,000

806 sqft 0.30 AC lot

Single-tenant NNN drive-thru kiosk leased to Scooter’s Coffee on a hard-corner signalized site with convenient ingress/egress.

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Bar And Lounge Building

1215 THOMAS St, Memphis, TN 38107

$32,000

Existing bar and lounge space requires full rehabilitation, including attention to roof-related water damage.

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Absolute NNN Wendy’s Restaurant

6781 E Shelby Dr, Memphis, TN 38141

$2,172,276

2,646 sqft

Absolute NNN Wendy’s investment offered with approximately 13 years remaining and a tenant-guaranteed lease structure.

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NNN Ground Lease Outparcel

3551 Austin Peay Hwy, Memphis, TN 38128

$2,098,000

0.93 AC lot

Corporate lease terms place maintenance and property expenses outside the landlord’s responsibilities.

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Historic Restaurant & Event Venue

1433 Union Ave, Memphis, TN 38104

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19,330 sqft 1.18 AC lot

Renovated restaurant property with event rooms, two bars, fireplaces, and an outdoor patio.

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Former IHOP Restaurant Building

1277 E Shelby Dr, Memphis, TN 38116

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4,000 sqft

Former IHOP with multiple access points and strong corridor visibility for restaurant or retail redevelopment.

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Second-Generation Restaurant Space

105 South 2nd Street, Memphis, TN 38103

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6,447 sqft

Second-generation restaurant with existing commercial hood and kitchen infrastructure suited for experienced operators.

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Second-Generation Restaurant

153 E Ge Patterson Ave, Memphis, TN 38103

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4,493 sqft

Second-generation restaurant for sale with 4,493 SF and strong downtown visibility near major attractions.

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Dutch Bros Drive-Through NNN Property

3495 Austin Peay Highway, Memphis, TN 38128

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1,025 sqft

Newly built coffee drive-through with an absolute NNN lease and corporate guaranty.

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Drive-Through Restaurant Building

2005 Whitten Rd, Memphis, TN 38133

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3,029 sqft 1.13 AC lot

Freestanding restaurant property with drive-through service and ample on-site parking.

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Breakfast & Diner Property

4458 Elvis Presley Boulevard, Memphis, TN 38116

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1,454 sqft

Built in 2017, this restaurant-oriented property offers a defined commercial setting within an established Memphis trade area.

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NNN Drive-Through Property

749 South Highland Street, Memphis, TN 38111

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2,711 sqft 0.65 AC lot

Wendy’s-branded restaurant property carries a long-term triple-net lease structure with scheduled annual increases.

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Restaurant with Drive-Thru on Shelby

1352 E Shelby Dr, Memphis, TN 38116

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3,402 sqft 1.24 AC lot

3,402 SF restaurant with drive-thru on 1.24 acres.

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For-Sale Restaurant Property

3100 Forest Hill Irene Rd, Germantown, TN 38138

$2,405,000

For-sale restaurant property with stated NOI of $120,444.

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Germantown, TN Restaurants Market Trends and Statistics

Explore 69 restaurants for sale in Germantown, TN, showcased through 53 active listings on our real estate platform. These investment opportunities span a total of 129,755 square feet of properties for sale, with an estimated market value of $16,565,076.

Sale prices for restaurant properties in Germantown, TN start at $32,000, averaging $871,846, and reaching up to $2,405,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 42K

Population Growth (5Y) +2.5%

Median Household Income $147,307

College Educated 69.7%

High-Yield Neighborhoods for Investment

Identify Germantown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
38138	$2.4M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shelby County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Shelby County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Germantown fall within the 100,000+ square foot range.

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