For Sale
$675,000

113 Court Ave Memphis, TN 38103

Iconic Court Square location, 6,500 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 6,500 square foot, three-level restaurant condo is situated at 113 S. Court Ave in Memphis, Tennessee, zip code 38103. Located within the historic Kress Building on Court Square, this second-generation restaurant boasts a prime downtown location with high foot traffic and walkability. The property features a ground floor restaurant space, a mezzanine level, and a basement complete with a fully equipped bar. The 6,650 square foot lot includes convenient front door parking. This unique layout offers a significant advantage, and the property is part of a commercial condo association with HOA fees covering only the restaurant space. The asking price is $675,000, and the occupancy date is May 15, 2024. This turnkey opportunity presents a rare chance to establish or expand a culinary business in the vibrant heart of Memphis, benefiting from the area's strong tourism and local clientele. The stunning views of Court Square further enhance the property's appeal and potential for success. This is an exceptional investment prospect in a highly desirable location.

Highlights

  • 6,500 SF, three-level restaurant condo in Memphis, TN (38103).
  • Located in the historic Kress Building on Court Square, offering high foot traffic.
  • Ground floor restaurant space, mezzanine, and fully equipped bar in the basement.
  • 6,650 SF lot with convenient front door parking.
  • $675,000 asking price, occupancy May 15, 2024.

Property Details for 113 Court Ave

Property type
Retail properties, Restaurants
Square Feet
6,500 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1454747
Longitude
-90.0521737

FAQs

What type of property is this?
Retail property - Iconic Court Square location, 6,500 sq ft.
Where is the retail property located?
The property is located at 113 Court Ave Memphis, TN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 6,500 SF, three-level restaurant condo in Memphis, TN (38103).; Located in the historic Kress Building on Court Square, offering high foot traffic.; Ground floor restaurant space, mezzanine, and fully equipped bar in the basement.
How can I contact the broker?
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113 Court Ave
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