1324 Peabody Ave, Memphis, TN 38104

$1,599,900
  • 1324 Peabody Ave, Memphis, TN 38104 Main Photo

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Active
MLS#10224700
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONMAISON RAJI PD AMENDED

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.

1324 Peabody Ave | MLS# 10224700

This commercial property located at 1324 Peabody Ave, Memphis, TN 38104 is currently listed for sale with an asking price of $1,599,900. Search Memphis real estate on destin.localagencyrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Cooling
Heating: Central
Roof Type: Composition Shingles
Year Built: 1924

Feature Descriptions

Days on Site: 22
Flooring: Hardwood
Foundation: Finished Basement
Road Frontage: City Street
Sale Includes: Building and Land
Tenant Pays: All Utilities

Listed By / Shown By

Listed By

Agency Name: eXp Realty, LLC

Shown By

Agent Name: Destin Westmoreland
Agent Phone: (662) 253-0808
Agency Title: Local Agency Realty Group

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