30
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$1,599,900
Est. payment /mo
Active
1324 PEABODY AVE Memphis, TN 38104
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Maison Raji Pd Amended
MLS Listing ID 10224700
Year Built 1924
Annual Tax Amount $9,697
Property Sub-Type Commercial
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.
Location
State TN
County Shelby
Area Central Gardens
Interior
Heating Central
Cooling Central Cooling
Flooring Hardwood
Inclusions Building and Land
Exterior
Parking Features Concrete
Roof Type Composition Shingles
Building
Story 2
Foundation Finished Basement
Water Gas Hot Water
Listed by David N Truong • eXp Realty, LLC
NEARBY SCHOOL & BUSINESS
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