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Listing Detail - Nashville Home and Farms

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Memphis, TN 38104 1324 PEABODY AVE

$1,299,900

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Presented By: eXp Realty, LLC
  • MLS# 10224700
  • 06/24/2026
  • Request Tour
  • Request Info

Home Details

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.
Presented By: eXp Realty, LLC

Interior Features for 1324 PEABODY AVE

Other Interior Features

COOLING SYSTEMCentral Cooling
FloorsHardwood
HeatingCentral
Hot WaterGas Hot Water

General for 1324 PEABODY AVE

Annual City Tax4748
Annual County Tax4949
Area746F
AreaCentral Gardens
CityMemphis
ClassCommercial/Industrial
CountyShelby
DOM38
DirectionsPeabody Ave west of Cleveland St. Property located on Peabody Ave in Historic Annesdale Park, Midtown Memphis. Easy access from Union Ave and I-240.
Legal Subdivision NameMAISON RAJI PD AMENDED
LocationFree Standing
Parcel Number016005 00005
Road FrontageCity Street
RoofComposition Shingles
Sale/RentFor Sale
Service TypeFull Service Listing
StatusActive
StatusActive
Status Detail0
Stories Count2
TYPE USAGEFood Service
TypeCommercial
Year Built1924

Exterior for 1324 PEABODY AVE

FoundationFinished Basement
Lot2
Lot Size60 X 150
Number of Buildings2
Parking FacilityConcrete

Additional Details

Price History

Anthony Martin

Agent | Owner
Price $1,299,900
MLS#10224700
List Date 06/24/2026
Property Type Commercial
Phone (731) 616-9391
Request Tour
Request Info
Visit My Website

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