Coletta’s Property on Appling Road Sold for $2 Million

Memphis, TN, September 22, 2026 — A property formerly associated with Coletta’s, located on Appling Road, has been sold for a sum of $2 million. The buyer is identified as the owner of Casa Mexicana of Memphis. The specific details regarding the exact date of the transaction, the full legal names of the entities or individuals involved in the sale, and the precise location on Appling Road were not immediately available.

The property’s previous association with Coletta’s suggests it may have been a commercial site. The identity of the specific Coletta’s entity or individual selling the property was not provided in the summary. Similarly, the purchaser, identified as the owner of Casa Mexicana of Memphis, could represent an individual investor or a new business entity formed for this acquisition.

This transaction marks a significant financial exchange within the local real estate market. The sale price of $2 million indicates the property’s value within its Appling Road location. Further information on the intended use of the property by the new owner, the owner of Casa Mexicana of Memphis, is not yet disclosed. It remains unclear whether the property will be utilized for an expansion of Casa Mexicana’s operations, repurposed for a different venture, or held for future development. The specifics of any subsequent plans or changes to the property will likely emerge over time. Additional details concerning zoning, any existing permits or violations associated with the property, or the nature of the transaction (e.g., sale of land, sale of business assets along with real estate) were not included in the available summary information.

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