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Listing Courtesy of: Hobson, Realtors - 901-761-1622

Description for 124 E G E Patterson Ave

MLS# 10142834

One of the most successful restaurants in Downtown Memphis with it's own private parking lot.

General Features Property for Sale

  • Price
    $1,300,000
  • Listing Type
    Commercial
  • MLS#
    10142834
  • Style
    Commercial
  • Number of Stories
    2
  • Year Built
    1949
  • Parking
    Garage
  • County
    Shelby
  • Subdivision
    Merchants C P & S Co
  • Approx. Lot Size
    99.37 X 74
  • Approx. Acreage*
    0.16

Additional Details

General

Foundation : Partial Basement
Miscellaneous : Security System, Sprinkler System
Num Of Buildings : 1
Parking Facility : Concrete, Attached, 31-75 Spaces
Tradeor Business Name : The Vault
Truck Loading Door Height : 6-8.9 Feet
Type Usage : Food Service

Financial

Annual City Tax : $6,372
Annual County Tax : $7,995
Tenant Pays : All Utilities

Interior

Average Ceiling Height : 16-20.9 Feet
Floors : Tile

Exterior

Construction : Brick, Very Good Condition
Roof : Built-Up

Lot

Land Sq Ft : 7326
Location : Corner, Free Standing, City
Lot Num : 19&21
Road Frontage : City Street

Equipment

Cooling System : Central Cooling
Heating System : Central
Hot Water : Gas Hot Water, Public Water, Public Sewer

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Market Research

This Property

  • $1,300,000

    List Price

  • 96

    Days on Website (Mar 01, 2023)

Memphis Commercial Values

  • $692,382

    Average List Price

  • 274

    Average Days on Market

  • $257,189

    Average Sold Price

  • 18,886

    Number of Properties for Sale

Request Details

Hi, Are you curious about this property? Contact us with any questions.

Listing Courtesy of: Hobson, Realtors - 901-761-1622
Copyright © 2023 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.