2802 LAMAR AVE Memphis, TN $ 795,000
2802 LAMAR AVE
$ 795,000
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2802 LAMAR AVE

Memphis, TN, 38114
$ 795,000
Bedrooms-- Baths2.0

Monthly Estimate*

$ 4,960

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Commercial Property for sale in Memphis, TN

for $795,000 with 2 full baths. This building was built in 1957.

High-Traffic. High-Visibility. Positioned for the City’s Comeback. Welcome to 2802 Lamar Ave, a ±7,868 SF commercial space where over 25,000 vehicles pass daily, and opportunity takes the spotlight. This property blends modern design and flexible function with vaulted black ceilings, custom lighting, a stone-accented bar, and a built-in stage with booth seating—ideal for entertainment, events, or presentations. The commercial kitchen includes a vent hood, stainless sinks, grease traps, and refrigeration units. A separate lounge area adds VIP appeal. Conveniently located along the Lamar Avenue corridor, not far from I-240, Midtown, Downtown, and the airport. Zoned for restaurant, lounge, event, ministry, retail, or mixed-use concepts. Memphis is experiencing renewed investment—now’s the time to secure a centerpiece in a high-growth area.

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Commercial Active

Price

$ 795,000

Full Bath

2

Property Type

Commercial

Taxes

$ 4,202

Style

Food Service, ,Special Purpose

Year Built

1957

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10199121

Features
General
Roof Other (Call LA) Shingle/Shake
Status Active Active
Legal Subdivision Name FASCINE CORPORATION
Stories Count 1
County Shelby
Class Commercial/Industrial
Type Commercial
Area 757F Pendleton/Park
Parcel Number 059017 00039
Road Frontage City Street
Sale/Rent For Sale
Status Detail 0
Location Free Standing
Year Built 1957
Directions From I-240 take the Lamar Ave (US-78) exit west toward downtown Memphis. Continue on Lamar Ave for approximately 2.5 miles. Property is on the right.
City Memphis
DOM 176
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Exterior
Foundation Slab
Lot 2
Number of Buildings 1
Lot Size 1.164
Parking Facility 31-75 Spaces Asphalt/Blacktop
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Interior
Hot Water Other (See REMARKS) Public Sewer Public Water
Floors Other (See Remarks)
Heating Central
Restrooms 2
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* Excluded Features
List By
Bhhs Taliesyn Realty

Broker

Affordability Calculator

$5,310
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,960
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2025$795,000 Listed Price

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2802 LAMAR AVE, Memphis, TN, 38114 is a Commercial Property for sale at $795,000. 2802 LAMAR AVE has 2.0 baths and was built in 1957. The property's zip code is 38114 which is in Memphis, TN