Skip to main content
Property Description

Exceptional Midtown Memphis commercial opportunity! Sale includes four parcels at 1302-1304 Peabody Ave and 1324-1330 Peabody Ave, featuring a restaurant building, Pearl’s Tea & Coffee House, and two dedicated parking lots. Prime high-visibility location in the heart of Midtown near Central Gardens, Overton Square, Downtown Memphis, and the Medical District. Excellent frontage, strong traffic exposure, ample parking, and easy access. Ideal for investors, owner-users, or redevelopment. Property offers income-producing potential, excellent visibility, established customer traffic, and future growth opportunities in one of Memphis’ most sought-after commercial districts. Rare chance to acquire a multi-parcel assemblage in a thriving area surrounded by restaurants, retail, offices, and residential neighborhoods. High-demand location with convenient access to major thoroughfares and minutes from Downtown Memphis. Contact your agent or David for additional details and showing instructions.

Features
: Central
: Central Cooling
: Composition Shingles
: Hardwood
: Finished Basement
: Concrete
Address Map
US
TN
Shelby
Memphis
MAISON RAJI PD AMENDED
38104
PEABODY
1324
AVE
0
W91° 58' 57.2''
N35° 7' 58.4''
Peabody Ave west of Cleveland St. Property located on Peabody Ave in Historic Annesdale Park, Midtown Memphis. Easy access from Union Ave and I-240.
MLS Addon
1422
8807
Active
: Commercial
0
4949
0
2
: Food Service
60 X 150

Commercial/industrial For Sale

1324 PEABODY AVE, Memphis, Tennessee 38104

0 Bedrooms
0 Bathrooms
0 Sqft
$1,599,900
Listing ID #10224700
Basic Details
Property Type : Commercial/industrial
Listing Type : For Sale
Listing ID : 10224700
Price : $1,599,900
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1924
Lot Area : 0 Acre
Status : Active
Days On Market : 3
Contact Agent