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    Tupelo, MS
    Conventional Restaurant

    Tupelo, MS Conventional Restaurants for Sale

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    Starkville, MS Plantersville, MS Saltillo, MS Verona, MS Mooreville, MS Pontotoc, MS Shannon, MS Blue Springs, MS
    Restaurant with Mixed Use Zoning
    Updated: Apr 10
    Restaurant with Mixed Use Zoning

    203 Commerce St, Tupelo, MS 38804

    $350,000
    2,022 sqft
    Prime Location: Next to Cadence Arena and 1 block off Main St @ Fairpark.
    High‑Potential: Ideal for salon, cafe, office, or retail.
    Sizeable Space: Just over 2000 sqft.
    Historic Significance: Formerly BBQ by Jim Restaurant.
    Growth Opportunity: Capitalizing on the continued growth of downtown & Fairpark.
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    This listing looks promising.

    Here's a quick look at some key insights for

    203 Commerce St, Tupelo, MS 38804

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    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Mortgage

      $209K
      Oct 2016

    • Property Type

      Restaurant
      Built 1967
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Tupelo, MS, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Restaurant with Equipment
    Historic Restaurant with Equipment

    12805 Hwy 43, Russellville, AL 35653

    $695,000
    1,965 sqft

    For sale: a long-running Frosty Inn restaurant offering included land, buildings, and equipment.

    View details
    Established Restaurant with Event Room
    Established Restaurant with Event Room

    307 N Montgomery Ave, Sheffield, AL 35660

    $925,000
    6,000 sqft

    Restaurant with fixtures and equipment included in downtown Sheffield.

    View details
    Former Restaurant in Russellville, AL
    Former Restaurant in Russellville, AL

    13670 Hwy 43, Russellville, AL 35653

    $889,000
    2,900 sqft

    Restaurant with walk-in cooler and paved parking lot.

    View details
    Established Restaurant with Event Room
    Established Restaurant with Event Room

    307 N Montgomery Ave, Sheffield, AL 35660

    $925,000
    6,000 sqft

    Restaurant with fixtures and equipment included in downtown Sheffield.

    View details

    Tupelo, MS Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Tupelo, MS on our real estate platform. These investment opportunities span a total of 2,022 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for conventional restaurants in Tupelo, MS start at $350,000, averaging $350,000, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Coffee shops 1
    Drive through restaurants 1
    Turn key restaurants 1

    Demographics Overview

    Population 47K
    Population Growth (5Y) -2.5%
    Median Household Income $63,588
    College Educated 20.5%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Tupelo fall within the 100,000+ square foot range.

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