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    609 Wise St Water Valley, MS 38965

    For Sale
    $179,900

    Commercial - Water Valley, MS

    Property size:
    2,006 SF
    Lot size:
    1.00 Acre
    Days on Market:
    110
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 609 Wise St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    25
    Exterior features
    Pole Sign
    Size
    2,006 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1969
    Architectural style
    Other

    RE/MAX Legacy Realty (BOF) (662) 607-1030

    Listing agent Sherry S Fischer (662) 473-4503

    Listing date Aug 20, 2025

    MLS# 160266 Listing URL

    Copyright © 2025 North Central Mississippi 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

    Versatile Commercial Property in Water Valley

    This commercial property in Water Valley, MS, encompasses approximately 2006 square feet of living area on a 1-acre lot. The property has a new roof and is currently operating as a funeral home. It has been renovated, with the exception of one back room. Historically, the property has also been used as a restaurant. A mobile home on the premises is currently rented out on a month-to-month basis for $575, providing immediate rental income. The property is located in Yalobusha County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walker Funeral Services Funeral Home

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Water Valley
    County
    Yalobusha
    State
    Mississippi
    Longitude
    -89.636618
    Latitude
    34.165505

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    FAQs

    What type of property is this?
    Church & religious facility - Multi-use commercial property with rental income potential in Water Valley.
    Where is this church & religious facility located?
    The property is located at 609 Wise St Water Valley, MS.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Brand new roof.; - Property currently operating as a funeral home.; - Potential for restaurant use (past use).
    (662) 473-4503
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    609 Wise St Water Valley, MS 38965
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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
    609 Wise St Water Valley, MS 38965
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