1143 Highway 42, Sumrall, MS 39482
$849,500
Property Type:
Commercial Sale
Square Footage:
2,688
Lot Size (sq. ft.):
108,900
Status:
Active
Current Price:
$849,500
List Date:
3/11/2024
Last Modified:
3/11/2024
Description
Discover a remarkable opportunity in the heart of Sumrall! Presenting a turnkey business for sale, this cherished restaurant awaits its next chapter. Boasting a prime location and a loyal clientele, this establishment comes fully equipped, ready to continue its legacy. In addition to the main restaurant space, there is also a small building offering potential for another small business, an efficiency apartment, or convenient storage. This property offers an approximately 2.5-acre lot, offering ample space for further development or enhancement. Potential for conversion into an office building, medical facility, law office, or any number of uses. With its flexible layout and expansive grounds, this property is primed to accommodate a range of ventures. Don't miss this chance!! Zoned B1 &B2
More Information MLS# 4073205
Address and Location Information
Street Number: 1143
Street Name: Highway 42
County: Lamar
State: MS
Zip Code: 39482
Nearest Cross Street: Center Ave.
Parcel Number: 113m-07-037.000
Community Of: N/A
Listing Information
Status: Active
List Date: 2024-03-11
List Price: $849,500
Current Price: $849,500
Property Sub Type: Business
Listing Service: Full Service
New Construction: No
Co-Op and Commission Information
Buyer Agency Compensation: 2.4
Buyer Agency Comp Type: %
General Property Information
Approx Lot Size Acres: 2.5
Approx H/C SqFt: 2688
SqFt Source: Public Records
List Price/SqFt: 316.03
Year Built: 1988
Year Built Source: Public Records
Total Floors: 1
Accessibility Features: No
Tax and Financial Information
Tax Annual Amount: 2517
Tax Year: 2023
Zoning: B2
Flood Insurance Required?: No
Leasehold Y/N: No
16th Section: No
Legal Description: PT N 1/2 NW 1/4 S OF HWY & N OF RR
Remarks & Miscellaneous
Public Remarks: Discover a remarkable opportunity in the heart of Sumrall! Presenting a turnkey business for sale, this cherished restaurant awaits its next chapter. Boasting a prime location and a loyal clientele, this establishment comes fully equipped, ready to continue its legacy. In addition to the main restaurant space, there is also a small building offering potential for another small business, an efficiency apartment, or convenient storage. This property offers an approximately 2.5-acre lot, offering ample space for further development or enhancement. Potential for conversion into an office building, medical facility, law office, or any number of uses. With its flexible layout and expansive grounds, this property is primed to accommodate a range of ventures. Don't miss this chance!! Zoned B1 &B2
Commercial Features
Business Included: Yes
Auction
Auction: No
Showing Requirements
Showing: Appointment Required
Basement Features
Basement: No
Property Features
Business Type: Restaurant
Commercial Features: Outside Storage; Rest Rooms
Lot Features: City Lot; Corner Lot
Location: Cross Roads
Square Footage Description: Retail Bldg 2500-5000 SF
Sewer: Public Sewer
Water Source: Public
Listing Terms: Cash
Sale Options: Will Not Divide
Exterior Construction/Siding: Wood Siding
Price Includes: All Equipment
Documents
Listing Office: Keller Williams Elite
Listing Agent: Charles Dawe
Last Updated: March - 11 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.