Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Large outdoor space
  • Currently used as event space but setup for restaurant

Executive Summary

Freestanding commercial building in Frayser currently operating as a restaurant and event venue with flexible space for multiple business concepts. The interior features an elevated stage with built-in sound system and mounted TVs, making it ideal for live music, performances, comedy shows, or private events.
The property also includes a comfortable lounge-style seating area with shuffleboard table and a private room perfect for VIP seating, private parties, or small gatherings.
Additional features include a kitchen equipped with a 3-compartment commercial sink, two restrooms, open dining/event space, and areas that easily accommodate entertainment or social events.
The layout allows for a variety of uses including restaurant, lounge, hookah bar, event venue, sports bar, or community gathering space. Outdoor space adds additional potential for patio seating or outdoor events.
Great opportunity for an owner-operator, entertainment concept, or investor looking for a unique commercial property with built-in character.

Property Facts

Price $397,401 CAD
Price Per SF $82.79 CAD
Sale Type Investment or Owner User
Cap Rate 10%
Property Type
Sports & Entertainment
  • Sports & Entertainment Theater Concert Hall
Lot Size 0.58 AC
Building Size 4,800 SF
No. Stories 1
Year Built/Renovated 1969/2022
Parking Ratio 1.25/1,000 SF
Zoning Commercial

Amenities

  • Lounge
  • Air Conditioning
  • Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
07-2047-0-0279
Land Assessment
$25,344 CAD
Improvements Assessment
$30,034 CAD
Total Assessment
$55,378 CAD
  • Listing ID: 40846155

  • Date on Market: 2026-06-09

  • Last Updated:

  • Address: 2600 James Rd, Memphis, TN 38127

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}