Rare opportunity at 124 E G E Patterson Ave, a turnkey restaurant and bar in the vibrant South Main district—an Opportunity Zone poised for growth. This fully equipped property is ready to operate from day one, featuring a main floor with a welcoming entryway, full bar, booth seating, lighting, coolers, a full kitchen with walk-in cooler and pizza oven, two restrooms, and a fenced front patio. Upstairs offers two large dining rooms, another full bar, coolers, sinks, tables, chairs, booth seating, an office, storage, one bathroom, and an outdoor patio with balcony views. A private parking lot adds unmatched convenience. Steps from the National Civil Rights Museum, Central Station Hotel, the historic Arcade diner, Central BBQ, and the Trolley Line, this location thrives with foot traffic. Just a mile from Beale Street, the Peabody Hotel, and FedEx Forum, it’s surrounded by condos, apartments, and homes—perfect for a neighborhood hotspot. Own a piece of Memphis’s culinary scene.
- Heating System:
- Central, Gas, Electric
- Cooling System:
- Central Cooling, Electric Cooling, 220 Wiring
- Roof Deck:
- Roll, Flat, Pitched
- Flooring:
- Other Flooring, Hardwood
- FOUNDATION:
- Slab, Storage Area, Maintenance Area
- Parking Facility:
- Asphalt/blacktop, Attached, Enclosed, 16-30 Spaces
- Country:
- US
- State:
- TN
- County:
- Shelby
- City:
- Memphis
- Subdivision:
- MERCHANTS C P & S CO
- Zipcode:
- 38103
- Street:
- G E PATTERSON
- Street Number:
- 124
- Street Suffix:
- AVE
- Floor Number:
- 0
- Longitude:
- W91° 56' 31''
- Latitude:
- N35° 7' 58.8''
- Directions:
- Main St to GE Patterson, turn East, building on the North (across from the Arcade Restaruant)
- Address Direction:
- E
- Office ID:
- 386
- Agent ID:
- 13993
- Status:
- Active
- Type:
- Commercial
- Actual Annual Rent:
- 0
- Annual County Tax:
- 7995
- Annual Insurance Expenses:
- 0
- # of Stories:
- 2
- TYPE USAGE:
- Food Service, Office, Retail, Office Condo
- Lot Size:
- 99.37 X 74
Commercial/industrial For Sale
124 G E PATTERSON AVE, Memphis, Tennessee 38103
- Property Type :
- Commercial/industrial
- Listing Type :
- For Sale
- Listing ID :
- 10189534
- Price :
- $975,000
- Bedrooms :
- 0
- Bathrooms :
- 0
- Half Bathrooms :
- 0
- Square Footage :
- 0 Sqft
- Year Built :
- 1949
- Lot Area :
- 0 Acre
- Status :
- Active
- Days On Market :
- 534

