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    119 W Ivy St, Unit 1 Ellisville, MS 39437

    For Sale
    $250,000

    Business Opportunity - Ellisville, MS

    Property size:
    6,102 SF
    Days on Market:
    43
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 119 W Ivy St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Delivery Door, Display Window, Fixtures/Furniture, Inventory Included, Reception Area, Employee Restrooms
    Exterior features
    Additional Buildings
    Size
    6,102 SF

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Building materials
    Brick
    Roof type
    Other
    Architectural style
    Other

    WOODLAND REALTY, INC. (601) 649-9402

    Listing agent Joel Thaxton (601) 649-9402

    Listing date Oct 24, 2025

    MLS# 37205 Listing URL

    Copyright © 2025 Laurel 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

    Downtown Ellisville Two-Story Building

    This two-story building is located in downtown Ellisville. Currently, the building is configured with a restaurant and a large office space, each containing a bathroom. The upstairs area is unfinished, featuring six rooms awaiting customization. A new silicone roof was installed in 2021, along with a 5-ton HVAC unit for the restaurant and a 4-ton HVAC unit for the office space. The commercial kitchen equipment is included. The property has a total size of 6102 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ellisville
    County
    Jones
    State
    Mississippi
    Longitude
    -89.192918
    Latitude
    31.602463

    Nearby Similar for Sale

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      Historic Building in Downtown Ellisville

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    • $250,000
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    • $209,000
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      Ellisville Warehouse/Office Business Opportunity

      Insulated warehouse/office space suitable for various business ventures.
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    • $200,000
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      Restaurant Location Opportunity in Ellisville

      Restaurant location off Hwy 29 N with high car count.
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    • $250,000
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      Downtown Ellisville Two-Story Building

      Two-story building in downtown Ellisville with restaurant and office space.
      109 W Ivy St, Ellisville, MS 39437
      View Details
    • $360,000

      Ellisville Multifamily Investment Opportunity

      Fully rented multifamily portfolio in Ellisville and Laurel, MS.
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      View Details

    FAQs

    What type of property is this?
    Restaurant - Two-story building in downtown Ellisville with restaurant and office space.
    Where is this restaurant located?
    The property is located at 119 W Ivy St, Unit 1 Ellisville, MS.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime downtown location in Ellisville.; - Includes fully equipped commercial kitchen.; - New silicone roof (2021) and updated HVAC systems (5-ton for restaurant, 4-ton for office).
    (601) 649-9402
    Request Owner's contact information
    119 W Ivy St, Unit 1 Ellisville, MS 39437
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    Ellisville, MS 39437
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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
    119 W Ivy St, Unit 1 Ellisville, MS 39437
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