For Sale
$650,000

5175 Millbranch Rd Memphis, TN 38116

Turnkey Restaurant, Whitehaven, TN

Overview

Added:
Dec 11, 2024
Days on market:
134
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

FAQs

What type of property is this?
Retail property - Turnkey Restaurant, Whitehaven, TN
Where is the retail property located?
The property is located at 5175 Millbranch Rd Memphis, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: $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.
How can I contact the broker?
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5175 Millbranch Rd
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