121 Union AveMemphis, TN 38103

This exceptional commercial property, located at 121 Union Ave in the heart of downtown Memphis, Tennessee, presents a unique investment opportunity. The 21,072 square foot building sits on a 0.12-acre lot and is zoned for commercial use. Currently vacant, this property offers significant potential for a variety of uses, particularly given its existing restaurant infrastructure. The ground floor features a fully equipped kitchen, ideal for a restaurant or similar food service establishment. Two additional upper levels provide ample space for expansion, office space, or other complementary businesses. The property enjoys a prime location, boasting high foot traffic and adjacency to The Peabody Memphis. Its proximity to numerous well-established restaurants, including The Rendezvous, Huey's Downtown, and many others, ensures a vibrant and bustling atmosphere. Union Avenue's high traffic count of 12,897 AADT further underscores the property's exceptional visibility and accessibility. This is a rare opportunity to acquire a substantial commercial building in a coveted downtown Memphis location. The asking price is $1,500,000. The property is offered for sale by owner. This is a turnkey opportunity for a savvy investor looking to capitalize on the thriving Memphis market.