Property Description

Exceptional Midtown Memphis commercial opportunity! Sale includes two parcels 1324-1330 Peabody Ave, featuring a restaurant building, Pearl’s Tea & Coffee House. 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

Heating System:: Central
Cooling System:: Central Cooling
Roof Deck:: Composition Shingles
Flooring:: Hardwood
FOUNDATION:: Finished Basement
Parking Facility:: Concrete

Address Map

Country:: US
State:: TN
County:: Shelby
City:: Memphis
Subdivision:: MAISON RAJI PD AMENDED
Zipcode:: 38104
Street:: PEABODY
Street Number:: 1324
Street Suffix:: AVE
Floor Number:: 0
Longitude:: W91° 58' 57.2''
Latitude:: N35° 7' 58.4''
Directions:: 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.