For Sale
$650,000

5175 Millbranch RdMemphis, TN 38116

Turnkey Restaurant, Whitehaven, TN

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2,400 square foot restaurant located at 5175 Millbranch Rd, Memphis, TN 38116, is offered at $650,000. Situated in the thriving Whitehaven neighborhood of Shelby County, this turnkey establishment boasts a wealth of recent upgrades, making it an ideal investment opportunity. The property underwent a complete renovation in 2023, including a new roof, new plumbing, new electrical systems, a new water heater, and a brand-new air conditioning unit. Furthermore, the sewer lines have been replaced, ensuring the property's long-term functionality and minimizing potential maintenance costs. All kitchen equipment is also from early 2023, providing a modern and efficient workspace for culinary operations. The asking price of $650,000 translates to $270.83 per square foot, reflecting the value of the recent renovations and the prime location within a rapidly developing area. This restaurant presents a unique chance to acquire a fully updated, move-in ready commercial property in a high-growth market. The property's excellent condition and modern amenities minimize the need for immediate capital expenditures, allowing for a swift and seamless transition into operations. This is a rare opportunity to own a well-maintained, fully equipped restaurant in a desirable Memphis location.

Highlights

  • $650,000 asking price for this 2,400 square foot restaurant.
  • Located at 5175 Millbranch Rd, Memphis, TN 38116.
  • Recently renovated in 2023, including new roof, AC, plumbing, electrical, and sewer.
  • All equipment is from early 2023.
  • Broker co-op available.

Property Details for 5175 Millbranch Rd

Property type
Retail properties, Restaurants
Square Feet
2,400 SF
Year Renovated
2023

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0071644
Longitude
-90.008053
5175 Millbranch Rd, Memphis, Tennessee

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5175 Millbranch Rd
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