Memphis, TN
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    Memphis, TN Restaurants for Sale

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    47 listings
    High-Traffic Commercial Space in Memphis
    $699,000
    7,868 SF
    High-Traffic Commercial Space in Memphis

    2802 LAMAR Ave, Memphis, TN 38114

    Versatile 7,868 SF commercial space in high-growth Memphis area.
    • High‑traffic location with over 25,000 vehicles passing daily.
    • Versatile zoning allows for restaurant, lounge, event, ministry, retail, or mixed‑use concepts.
    • +/- 7,868 SF of commercial space with modern design.
    • Equipped commercial kitchen with vent hood, stainless sinks, grease traps, and refrigeration units.
    • Features include vaulted black ceilings, custom lighting, a stone‑accented bar, and a built‑in stage with booth seating.
    Updated: Dec 17, 2025
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    Germantown Commercial Building For Sale
    $350,000
    2,508 SF
    Germantown Commercial Building For Sale

    2135 Merchants Row, Germantown, TN 38138

    Commercial building in Germantown, TN, suitable for retail or office.
    • Highly successful retail tenant in place
    • Prime location in desirable Germantown
    • High visibility and strong demographics
    • Zoned commercial with conversion potential for office, medical, salon, or restaurant
    • Located amongst popular restaurants and retailers, adjacent to Saddle Creek businesses
    Updated: May 3
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    Restaurant Building in Wolfchase Area
    $1,200,000
    7,774 SF
    Restaurant Building in Wolfchase Area

    Freestanding, fully equipped restaurant building for sale in Memphis.

    7990 Horizon Center Blvd, Memphis, TN 38133

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    Commercial Property with Business Potential
    $315,000
    Commercial Property with Business Potential

    Versatile commercial property suitable for various business ventures.

    2383 CHELSEA Ave, Memphis, TN 38108

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    Mobile Home Park and Restaurant
    $300,000
    Mobile Home Park and Restaurant

    Mobile home park with leased restaurant and tenant-occupied units on busy road frontage.

    3023 LAMAR Ave, Memphis, TN 38114

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    Frayser Commercial Building For Sale
    $285,000
    Frayser Commercial Building For Sale

    Freestanding commercial building suitable for restaurant or event venue.

    2600 JAMES Rd, Memphis, TN 38127

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    Turnkey Restaurant and Bar Opportunity
    $985,000
    Turnkey Restaurant and Bar Opportunity

    Fully equipped restaurant and bar in Memphis's South Main district.

    124 G E PATTERSON Ave, Memphis, TN 38103

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    Established Restaurant with Outdoor Seating
    $399,900
    Established Restaurant with Outdoor Seating

    Turnkey restaurant with equipment, parking, and outdoor patio.

    733 CHELSEA Ave E, Memphis, TN 38107

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    Versatile Commercial Property in Memphis
    $50,000
    Versatile Commercial Property in Memphis

    Prime commercial property suitable for various business ventures.

    1172 N HOLLYWOOD St, Memphis, TN 38108

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    For-Sale Restaurant Property
    $2,405,000
    For-Sale Restaurant Property

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

    3100 Forest Hill Irene Rd, Germantown, TN 38138

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    Former Restaurant in Medical District
    $1,500,000
    1,400 SF
    Former Restaurant in Medical District

    1,400 SF former restaurant in Memphis' medical district.

    1308 Union Ave, Memphis, TN

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    Restaurant Space with Ample Parking
    Contact for pricing
    6,624 SF
    Restaurant Space with Ample Parking

    Second generation restaurant space with fully built out kitchen.

    5465 Fox Plaza Dr, Memphis, TN 38115

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    Restaurant with Drive-Thru on Shelby
    Contact for pricing
    3,402 SF
    Restaurant with Drive-Thru on Shelby

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

    1352 E Shelby Dr, Memphis, TN 38116

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    Second-Generation Restaurant Space
    Contact for pricing
    6,447 SF
    Second-Generation Restaurant Space

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

    105 South 2nd Street, Memphis, TN 38103

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    East Memphis Freestanding Restaurant Opportunity
    Contact for pricing
    3,927 SF
    East Memphis Freestanding Restaurant Opportunity

    Freestanding restaurant in East Memphis near culinary hotspots and retailers.

    715 W Brookhaven Cir, Memphis, TN 38117

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    Former Restaurant on Corner Lot
    $190,000
    4,888 SF
    Former Restaurant on Corner Lot

    Freestanding 4,888 SF former restaurant available for lease.

    2850 Lamar Ave, Memphis, TN

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    Germantown Commercial Space Opportunity
    $350,000
    2,508 SF
    Germantown Commercial Space Opportunity

    Commercial space in Germantown, suitable for retail or office.

    2135 Merchants Row, Germantown, TN 38138

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    Memphis Bar/Lounge Opportunity
    $37,000
    Memphis Bar/Lounge Opportunity

    Bar/lounge needing full rehab, priced to sell quickly.

    1215 THOMAS St, Memphis, TN 38107

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    Downtown Memphis Multi-Level Opportunity
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    14,000 SF
    Downtown Memphis Multi-Level Opportunity

    Multi-level building suitable for restaurant or entertainment venue.

    64 S Main, Memphis, TN 38103

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    Park Avenue Restaurant Ground Lease
    $1,400,000
    899 SF
    Park Avenue Restaurant Ground Lease

    Fully leased Back Yard Burgers on Park Avenue for sale.

    5091 Park Ave, Memphis, TN 38117

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    Downtown Memphis Restaurant Space
    Contact for pricing
    4,941 SF
    Downtown Memphis Restaurant Space

    4,941 SF restaurant space in prime downtown location.

    121 Union Avenue, Memphis, TN 38103

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    Redeveloped Property in Medical District
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    Redeveloped Property in Medical District

    High-profile redevelopment ideal for office, restaurant, or retail users.

    430 Monroe Ave, Memphis, TN 38103

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    Versatile Commercial Space in Memphis
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    Versatile Commercial Space in Memphis

    Prime location suitable for retail, office, or restaurant use.

    532 Cooper Street, Memphis, TN 38104

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    Versatile Commercial Space in Memphis
    Contact for pricing
    Versatile Commercial Space in Memphis

    Prime location suitable for retail, office, or restaurant use.

    526 Cooper Street, Memphis, TN 38104

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    Memphis, TN Restaurants Investment Opportunities Market Analysis

    Explore 72 restaurants for sale in Memphis, TN, showcased through 47 active listings on our real estate platform. These investment opportunities span a total of 58,344 square feet of properties for sale, with an estimated market value of $10,963,000.

    Sale prices for restaurant properties in Memphis, TN start at $150,000, averaging $783,071, and reaching up to $1,500,000 — 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

    Conventional restaurants 23
    Drive through restaurants 22
    Bars & Pubs 5
    Coffee shops 3
    Turn key restaurants 2

    Demographics Overview

    Population 718K
    Population Growth (5Y) -3.1%
    Median Household Income $61,271
    College Educated 18.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Memphis $470.3K
    Cordova $950K

    Taxes & Financing

    Tax Rate (average for all types) 5.80%
    Property Tax per SF $85.96 per SF
    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 Memphis fall within the 100,000+ square foot range.

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