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About This Home
This 0-bedroom, 0-bathroom commercial at 1324 PEABODY Ave in Memphis, TN is listed for $1,599,900. Built in 1924, on a N/A lot.
Exceptional Midtown Memphis commercial opportunity! Sale includes four parcels at 1302-1304 Peabody Ave and 1324-1330 Peabody Ave, featuring a restaurant building, Pearl's Tea & Coffee House, and two dedicated parking lots. 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.
Key Features
- Built in 1924
Property Details
Monthly Cost Estimate
$8,557/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1324 PEABODY Ave
Memphis, TN 38104
MAISON RAJI PD AMENDED
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1324 PEABODY Ave is listed at $1,599,900. The estimated monthly payment is $6,933 based on 20% down at 6.5% interest.
Key features include: Built in 1924.
This property is listed by David Truong and can be reached at 9015033947 or 901reo@gmail.com.








