1324 Peabody Ave

1324 Peabody Ave, MemphisTN 38104

3,208 SF
$1,600,000

Listing Details

List Price
$1,600,000
Listing Price Per SF
$498.75
List Date
3/02/2022
Available Date
3/30/2022
Show Instructions
Call broker
Listing ID
29996817

2 Building Portfolio

CRYE-LEIKE COMMERCIAL is pleased to present for sale a two-building restaurant portfolio. This regionally-famous, turn-key restaurant occupies a prime location in the Memphis' thriving Medical District. In its more than 18 year run, the former Bahn Thai restaurant was the recipient of many local awards heralded as the best of Memphis culinary experiences and arguably THE best patio dining in the city.

This beautiful portfolio not only offers two charming buildings with Peabody frontage but just under one-half acre of vacant land available to use as parking or redevelopment. This is a turnkey restaurant opportunity or prime redevelopment in the thriving medical district/opportunity zone.

Options include infill multi-family development, live/work, medical/professional offices, AirBNB, catering venue, etc. Possibilities are endless.

Call today for more information or to schedule a tour.

1324 Peabody - Restaurant building. Capacity 170 guests.

1330 Peabody Special event building with first floor speakeasy.

This property is part of a portfolio. Sold with the following properties:

1330 Peabody - 2796 Square Feet

0 Peabody Avenue - .0206 acres - vacant parcel

0 Peabody Avenue - .0206 acres - vacant parcel

Space Details

Total Available
3,208 SF
Primary Use
Retail
Secondary Uses
Specialty
Is Vacant?
Yes

Property Highlights

Type
 Retail: Restaurant
Size
3,208 SF, 0.21 Acres
In Opportunity Zone
Yes

Contact

Eric Fuhrman, CCIM

Crye-Leike Commercial

Source: Eric Fuhrman, CCIM

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