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    120 E Chadwick Ave Walnut Grove, MS 39189

    For Sale
    $399,000

    COMMERCIAL - Walnut Grove, MS

    Property size:
    3,200 SF
    Lot size:
    1.90 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 120 E Chadwick Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    13434aa19
    Size
    3,200 SF
    Lot size
    1.90 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1978
    Flooring type
    Tile - Ceramic, Carpet
    Roof type
    Shingle

    Turn Key Properties, LLC (601) 672-6808 [email protected]

    Listing agent Kayla Waggoner (601) 427-5088 License #S58508

    Listing date Aug 19, 2025

    Overview

    Established Restaurant with Growth Potential

    The Walnut Grove Fish House, a dining destination established in 1978, is available for purchase. The sale includes the building, 1.90 acres of land, and all restaurant equipment, such as five large fryers, a walk-in cooler, walk-in freezer, and commercial sanitizer. The restaurant has seating for 120 guests. The business is currently operating 15 hours per week and generates income, with potential for growth with extended hours. The current owners are selling due to retirement and are willing to ensure a smooth transition for buyers who wish to continue the current concept. The property offers versatility for a variety of uses. Buyers could reimagine the 3200 square foot space into a different type of restaurant, event venue, retail space, or other business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    Walnut Grove
    County
    Leake
    State
    Mississippi
    Longitude
    -89.45775
    Latitude
    32.589348

    FAQs

    What type of property is this?
    Restaurant - Operating restaurant for sale with equipment and expansion opportunity.
    Where is this restaurant located?
    The property is located at 120 E Chadwick Ave Walnut Grove, MS.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Established restaurant (Walnut Grove Fish House) with a strong reputation since 1978, offering immediate income potential.; - Includes building, 1.90 acres of land, and all restaurant equipment (fryers, walk-in cooler/freezer, etc.).; - Seating for 120 guests with a loyal customer base and community support.
    (601) 427-5088
    Request Owner's contact information
    120 E Chadwick Ave Walnut Grove, MS 39189
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    Walnut Grove, MS 39189
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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
    120 E Chadwick Ave Walnut Grove, MS 39189
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