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113 S Court Ave
Memphis, TN 38103
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • First floor condo Available
  • Convenient public transit: Main Street Trolley
  • 6,650 SF 2nd Generation Restaurant

EXECUTIVE SUMMARY

**Second Generation Restaurant Opportunity in Downtown Memphis!** Introducing **113 S Court Ave, Memphis, TN 38103**, a 6,650 SF± 2nd generation restaurant located in the iconic Kress Building on Court Square. This three-level culinary haven includes a ground floor restaurant, mezzanine, and a basement boasting a full bar setup. With front door parking and a stunning view of Court Square, this vibrant property offers an excellent investment prospect in a very walkable downtown location. Noteworthy features include a unique layout, part of a commercial building condo with HOA fees solely for the restaurant. Don't miss out on this incredible opportunity to own a piece of Memphis's culinary scene. Reach out now to explore this tantalizing property on **Court Ave**, perfectly positioned for success in the heart of the city!

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,650 SF
Building Class
C
Year Built
2006
Price
$550,000
Price Per SF
$82.71
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.53 AC
Zoning
CBID - CBID Mixed Use Zoning
Frontage
162’ on North Main Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-2005-0-0002C
Land Assessment
$264,000
Improvements Assessment
$3,847,000
Total Assessment
$4,111,000
  • Listing ID: 31809158

  • Date on Market: 5/15/2024

  • Last Updated:

  • Address: 113 S Court Ave, Memphis, TN 38103

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