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About This Home

This 0-bedroom, 0-bathroom commercial at 124 G E PATTERSON Ave in Memphis, TN is listed for $985,000. Built in 1949, on a N/A lot.

Agent 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.

Key Features

  • Built in 1949

Property Details

1949

Monthly Cost Estimate

$5,268/mo

20% down · 6.5% · 30 years

Principal$712
Interest$4,268
Insurance$287

Estimates only. Actual payments may vary.

Location

124 G E PATTERSON Ave

Memphis, TN 38103

MERCHANTS C P & S CO

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 124 G E PATTERSON Ave is listed at $985,000. The estimated monthly payment is $4,268 based on 20% down at 6.5% interest.

Key features include: Built in 1949.

This property is listed by Todd Adams and can be reached at 9018707633 or tootalltodd@kw.com.

TA

Todd Adams

Agent at Keller Williams

(901) 870-7633

Listed by Keller Williams

MLS# 10189534· Source: listhub· Updated 480 days ago

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

124 G E PATTERSON Ave, Memphis, TN 38103

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