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    112 Court Ave Indianola, MS 38751

    For Sale
    $335,000

    COMMERCIAL - Indianola, MS

    Property size:
    7,120 SF
    Lot size:
    0.17 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 112 Court Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    119p-31-00-067.00
    Size
    7,120 SF
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1924
    Floors in Building
    2
    Flooring type
    Concrete

    Tom Smith Land and Homes (601) 454-9397 [email protected]

    Listing agent Emerson Lovelace (662) 441-2500 License #S49193

    Listing date Oct 25, 2025

    Overview

    Indianola Commercial Property For Sale

    This commercial property, located in downtown Indianola, MS, is zoned C2 (Community Commercial). The property features a +/- 7,120 sq ft structure on a 0.17 acre lot. It is suitable for retail, restaurant, or development purposes. The sale includes two parcels. The property contains a large event space adjoining the restaurant area. The property has potential for office and retail use. All furniture and trade fixtures are available onsite with an itemized list. The list price is based on an appraisal. The seller will consider selling the structure and trade fixtures separately if needed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nola Restaurant Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Sunflower
    State
    Mississippi
    Longitude
    -90.650387
    Latitude
    33.451397

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    FAQs

    What type of property is this?
    Restaurant - 7,120 SF commercial property suitable for retail or restaurant.
    Where is this restaurant located?
    The property is located at 112 Court Ave Indianola, MS.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: - Zoned C2 (Community Commercial) offering Retail / Restaurant / Development potential.; - Located Downtown.; - +/- 7,120 sq/ft building on a 0.17 acre lot.
    (662) 441-2500
    Request Owner's contact information
    112 Court Ave Indianola, MS 38751
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    Indianola, MS 38751
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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
    112 Court Ave Indianola, MS 38751
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