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346 N Main St 1,056 SF Retail Building Memphis, TN 38103 $529,000 ($500.95/SF)
INVESTMENT HIGHLIGHTS
- WESTY'S!! Downtown Memphis, Pinch District with over 40 years of brand presence and loyal, repeat clientele.
EXECUTIVE SUMMARY
WESTY'S(North End) is a long-standing Memphis landmark in the pinch District, serving the Downtown market since 1983. Located at 346 N Main Street, Memphis, TN 38103.
This iconic restaurant offers a rare chance to acquire a well known, established destination with decades of local goodwill. The operation is built for strong demand with late-night hours , plus takeout/delivery and catering potential.It was rebuilt from scratch in 1999 w/studs and floors seating on a 20", 30" sand/R.G concrete fillings. This property has a 39 yards of sands and 10 yards of concrete fillings. HVAC is less than a year old. New Roof in 2024 and 2025. All units are well maintained and regularly cleaned.
This iconic restaurant offers a rare chance to acquire a well known, established destination with decades of local goodwill. The operation is built for strong demand with late-night hours , plus takeout/delivery and catering potential.It was rebuilt from scratch in 1999 w/studs and floors seating on a 20", 30" sand/R.G concrete fillings. This property has a 39 yards of sands and 10 yards of concrete fillings. HVAC is less than a year old. New Roof in 2024 and 2025. All units are well maintained and regularly cleaned.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
1,056 SF
Building Class
C
Year Built
1900
Price
$529,000
Price Per SF
$500.95
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
CBD
Frontage
AMENITIES
- Bus Line
- Commuter Rail
- Restaurant
- Signage
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00-1026-0-0013 | Improvements Assessment | $39,720 |
| Land Assessment | $26,800 | Total Assessment | $66,520 |
PROPERTY TAXES
Parcel Number
00-1026-0-0013
Land Assessment
$26,800
Improvements Assessment
$39,720
Total Assessment
$66,520
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346 N Main St
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