Exceptional Midtown Memphis commercial opportunity! Sale includes two parcels 1324-1330 Peabody Ave, featuring a restaurant building, Pearl's Tea & Coffee House. Prime high-visibility location in the heart of Midtown near Central Gardens, Overton Square, Downtown Memphis, and the Medical District. Excellent frontage, strong traffic exposure, ample parking, and easy access. Ideal for investors, owner-users, or redevelopment. Property offers income-producing potential, excellent visibility, established customer traffic, and future growth opportunities in one of Memphis' most sought-after commercial districts. Rare chance to acquire a multi-parcel assemblage in a thriving area surrounded by restaurants, retail, offices, and residential neighborhoods. High-demand location with convenient access to major thoroughfares and minutes from Downtown Memphis. Contact your agent or David for additional details and showing instructions.
| MLS # | 10224700 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 58 |
| Listing Provided By | eXp Realty, LLC | David Truong |
| Story(s) | 2 |
|---|---|
| Building(s) | 2 |
| Roof | Composition Shingles |
|---|---|
| Foundation | Finished Basement |
| Parking Facility | Concrete |
|---|
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38104 |
| Area | Central Gardens |
| Subarea | 746F |
| Community Name | MAISON RAJI PD AMENDED |
| Listing VS Median (in MAISON RAJI PD AMENDED) | |
Price: $1,299,900 low | high Med: $0 On site: 58 low | high Med: | |
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38104 |
| Area | Central Gardens |
| Subarea | 746F |
| Community Name | MAISON RAJI PD AMENDED |
| Listing VS Median (in MAISON RAJI PD AMENDED) | |
Price: $1,299,900 low | high Med: $0 On site: 58 low | high Med: | |
![]() | $449,9001336 Peabody AveMemphis, TN 38104 |
![]() | $449,9001336 Peabody AveMemphis, TN 38104 |
![]() | $650,0001328 Carr AveMemphis, TN 38104 |