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    103 West Monroe Ave Okolona, MS 38860

    For Sale
    $700,000

    Commerical Property - Okolona, MS

    Property size:
    1,608 SF
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 103 West Monroe Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Size
    1,608 SF

    Building Details

    Year renovated
    1950
    Floors in Building
    2
    Architectural style
    Other

    Coldwell Banker Southern Real Estate (662) 620-2214 [email protected]

    Listing agent Lillian Salem & Blakely Nolan (662) 620-2232 License #B-24007

    Listing date Oct 29, 2025

    MLS# 25-3593 Listing URL

    Copyright © 2025 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Okolona Commercial Property For Sale

    This commercial property in Okolona, MS, presents an opportunity to own an operating and profitable convenience and liquor store. The property includes three walk-in coolers and ample storage space. The liquor store averages $70,000 a month in sales, while the convenience store brings in $30,000. There are two functional gas pumps, each with two sides, allowing for four fueling positions. The property is zoned commercial and has a building size of 1,608 square feet. The lot size is 0 acres. The property is located at 203 West Monroe Avenue, Okolona, MS 38860.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Okolona
    County
    Chickasaw
    State
    Mississippi
    Longitude
    -88.744101
    Latitude
    34.001301

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    FAQs

    What type of property is this?
    Grocery and convenience store - Operating convenience and liquor store with gas pumps in Okolona.
    Where is this grocery and convenience store located?
    The property is located at 103 West Monroe Ave Okolona, MS.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Profitable, operating convenience and liquor store.; - Liquor store averages $70,000/month in sales.; - Convenience store brings in $30,000/month in sales.
    (662) 620-2232
    Request Owner's contact information
    103 West Monroe Ave Okolona, MS 38860
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    Okolona, MS 38860
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 West Monroe Ave Okolona, MS 38860
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