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153 Ge Patterson Ave
Memphis, TN 38103
Retail Property For Sale
Executive Summary
Offered at $550,000, this rare downtown Memphis opportunity features a 4,493 SF second-generation restaurant situated on 0.46 acres in the heart of the vibrant South Main Arts District. Formerly home to Marmalade, the property is fully built out for restaurant use, offering a turnkey opportunity for an owner-user or investor.
Positioned in one of Memphis’ most walkable entertainment corridors, the site benefits from strong visibility, nearby dining, nightlife, and convenient access to major downtown attractions and transit. A unique chance to secure a standalone restaurant property in a highly desirable urban market.
Positioned in one of Memphis’ most walkable entertainment corridors, the site benefits from strong visibility, nearby dining, nightlife, and convenient access to major downtown attractions and transit. A unique chance to secure a standalone restaurant property in a highly desirable urban market.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,154 SF
Building Class
C
Year Built
1915
Tenancy
Single
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.07
Lot Size
0.97 AC
Zoning
SM
Parking
25 Spaces (7.93 Spaces per 1,000 SF Leased)
Frontage
16’ on Ge Patterson Ave
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 00-2113-0-0004C | Improvements Assessment | $52,920 |
| Land Assessment | $100,680 | Total Assessment | $153,600 |
Property Taxes
Parcel Number
00-2113-0-0004C
Land Assessment
$100,680
Improvements Assessment
$52,920
Total Assessment
$153,600
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