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400 N Hwy 61, Cleveland, MS 38732

$1,000,000
Property Type: Land Lot Size (sq. ft.): 31,363 Status: Active
Current Price: $1,000,000 List Date: 2/19/2024 Last Modified: 2/28/2024

Description

This 10,900± SF commercial building is located less than a quarter of a mile from the busy intersection of HWY 61 and HWY 8 in Cleveland, MS. With the location of this building, tenants are drawn to the high traffic count and visibility to potential customers. Two of the three suites are currently leased to restaurant and retail businesses. The lot also has 20,000± SF of concrete paving, providing ample parking for customers.

More Information MLS# 4071145

Address and Location Information

Street Number Assigned?: Yes Street Number: 400 Street Direction: N Street Name: Hwy 61 County: Bolivar State: MS Zip Code: 38732 Parcel Number: 33-16-900-00-10200 Community Of: N/A

Listing Information

Status: Active List Date: 2024-02-16 List Price: $1,000,000 Current Price: $1,000,000 Property Sub Type: Other Listing Service: Full Service New Construction: No

Co-Op and Commission Information

Buyer Agency Compensation: 1.5 Buyer Agency Comp Type: %

General Property Information

Approx Lot Size Acres: 0.72 SqFt Source: Assessor Expandable Area: No List Price/Acre: 1388888.89 Divisible: No

Tax and Financial Information

Tax Annual Amount: 21991 Tax Year: 2023 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: Yes Association: No Covenants Y/N: No Legal Description: LOT IN S 1/2 OF SE 1/4 EAST OF HWY 61 S16 T22 R5 CLEVELAND NOT PLATTED

Remarks & Miscellaneous

Public Remarks: This 10,900± SF commercial building is located less than a quarter of a mile from the busy intersection of HWY 61 and HWY 8 in Cleveland, MS. With the location of this building, tenants are drawn to the high traffic count and visibility to potential customers. Two of the three suites are currently leased to restaurant and retail businesses. The lot also has 20,000± SF of concrete paving, providing ample parking for customers.

Land Details

Road Frontage: 150

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Appointment Required

Property Features

Current Use: Commercial; Retail Possible Use: Commercial; Investment; Retail Location: Commercial Retail Lot Features: Corner Lot Covenants And Restrictions: None Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Listing Terms: Cash Road Surface Type: Asphalt
Listing Office: Tom Smith Land & Homes
Listing Agent: Tracey Bell
Last Updated: February - 28 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Broker Attribution: tom@tomsmithland.com

Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.