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Two-Tenant Mixed-Use Building
For Sale
$199,000

233 North Street, Cleveland, MS 38732

Commercial Sale, Cleveland, MS

Property Size1,750 SF
Lot Size0.12 Acres
Price / SF$113.71
Days on Market147

Property Features for 233 North Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 8
Window features Tinted Windows
Subdivision Feduccias Add
Standard status Active
APN 33-21-275-00-02100
Size 1,750 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 21 FEDUCCIAS ADD CLEVELAND (SENATORS PLACE)
Tax Annual Amount 2404
Legal Description LOT 21 FEDUCCIAS ADD CLEVELAND (SENATORS PLACE)

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1930
Floors in Building 1
Flooring type Wood
Listing Agency: Tom Smith Land & Homes
Listed By: Bruce E West · License #24498
Added: Apr 7 Changed: Aug 29 Last Checked: Aug 31 at 5:06AM
MLS# 4145165

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use building contains two separate commercial properties within one structure and is fully occupied by two tenants under Triple Net Leases. Recent improvements include a central A/C unit installed in 2025, updated water heaters, bathroom improvements, interior flooring, and exterior paint. The building was constructed in 1930 and includes wood flooring.

Located at 233 North Street near Cleveland’s central downtown area, the property sits a few feet from Highway 61. Public water and public sewer serve the building.

Key Highlights

  • Two separate commercial properties housed within one building
  • Fully occupied by two tenants under Triple Net Leases
  • New central A/C unit installed in 2025

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Garden Center Skin Care Clinic HVAC Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

973
Businesses Nearby
83k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 33% Apparel 4% Home Improvements & Furnishings 1%
SONIC Drive In Dining
20,024 visits/mo 0.2 miles
Burger King Dining
15,827 visits/mo 0.2 miles
Exxon Shops & Services
9,371 visits/mo 0.3 miles
Family Dollar Shops & Services
6,454 visits/mo 0.4 miles
KFC Dining
5,772 visits/mo 0.3 miles

Demographics for 38732, MS

17,652
Population
7,354
Households
2.4
Avg Household Size
36
Median Age
32%
College-Educated
84%
High-School Grad
88.3 sq mi
ZIP Area
200
Density / Sq Mi
$44,239
Median Household Income
$34,531
Median Earnings
$776
Median Rent
$163,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied commercial space with NNN leases and recent building updates.
Where is this mixed-use property located?
The property is located at 233 North Street Cleveland, MS.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two separate commercial properties housed within one building; Fully occupied by two tenants under Triple Net Leases; New central A/C unit installed in 2025
More about this property
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