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Property Description

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.

Features
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
Address Map
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
MLS Addon
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

0 Bedrooms
0 Bathrooms
0 Sqft
$975,000
Listing ID #10189534
Basic Details
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
Contact Agent