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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
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.