2802 Lamar Ave - Storefront Retail/Office FOR SALE


Memphis, TN 38114- Orange Mound
$795,000 USD
2802 Lamar Ave, Memphis, TN for Sale
$795,000 USD
Storefront Retail/Office - FOR SALE
1/36
null | Request Cap Rate

2802 Lamar Ave
Memphis, TN 38114
Orange Mound


HIGHLIGHTS

  • High-Traffic Location
  • Commercial Kitchen Infrastructure Installed
  • Multi-Use Potential

OVERVIEW

Welcome to 2802 Lamar Avenue — a commanding commercial opportunity in one of Memphis’ most visible and accessible corridors. With an average of over 25,000 vehicles passing daily, this high-traffic location places your business front and center, just minutes from I-240, Midtown, Downtown, and Memphis International Airport.This fully renovated ±7,868 sq ft building has been rebuilt with care, quality, and long-term vision. From infrastructure to layout, the groundwork has already been laid — now it’s time for your finishing touch.Inside, you’ll find a flexible, open-concept floorplan with vaulted black acoustic ceilings, custom lighting, and elevated platforms designed to accommodate premium seating or creative configurations. The spacious layout flows seamlessly into a stone-accented bar, positioned to serve large crowds while anchoring the space with a professional yet upscale feel. The commercial kitchen is already equipped with stainless steel sinks, prep counters, vent hood, and commercial fixtures — ready to be completed to suit your concept. Additionally, a separate lounge area — ideal for a cigar bar, members-only suite, or luxury hideaway — has already been framed and partially built out, featuring booth seating platforms and a fireplace setup to serve as a focal point for any upscale concept. The property’s zoning and footprint allow for a wide range of commercial applications including, but not limited to: • Lounge / Nightclub • Restaurant / Café / Hookah or Cigar Bar • Creative Studio / Event Hall • Boutique Fitness or Wellness Space • Church / Ministry Center • Retail Showroom / Multipurpose Venue Positioned in a growing commercial district on Lamar Ave, this property offers prime street visibility, ample paved parking, and the versatility to fit your business model or investment strategy. All major systems — electrical, plumbing, HVAC, framing — are in place(with finishing touches needed). The finish line is in sight. Whether you're an entrepreneur seeking a landmark location, or an investor ready to secure a statement property in a high-traffic corridor, this is a rare, move-in-ready asset with the hard work already done. Don’t miss your chance to own a true Memphis commercial gem. Showings available by appointment.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

CH

APN/PARCEL ID

05-9017-0-0039

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