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    127 Magnolia Dr Wiggins, MS 39577

    For Sale
    $350,000

    Charming Downtown Eatery, Established Business, High Potential

    Property size:
    2,342 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional opportunity presents the chance to acquire a well-established restaurant in the heart of Wiggins, Mississippi's historic downtown district. The Whistle Stop Cafe, a beloved local institution for over two decades, boasts 2,342 square feet of space situated on a 0.19-acre lot. The main dining area is bright and inviting, featuring large windows that flood the space with natural light and charming checkered tablecloths. A unique custom mural adds to the restaurant's character. The fully equipped kitchen is ready for immediate operation, including grills, griddles, fryers, coolers, freezers, and ice makers – all included in the sale. Dining furniture is also part of the sale. Beyond the indoor seating, an outdoor patio provides additional space for guests to enjoy. Priced at $350,000, this property offers significant potential for both continuing the existing successful restaurant operation or adapting the space to a new culinary concept. The property's prime location and established reputation within the Stone County community make this a truly unique investment opportunity. This is a chance to own a piece of Wiggins history and build upon a legacy of success. The sale includes all kitchen equipment and dining furniture.

    Property Features for 127 Magnolia Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,342 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    2002
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Wiggins
    County
    Stone
    State
    Mississippi
    Longitude
    -89.13821
    Latitude
    30.85946

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    FAQs

    What type of property is this?
    Commercial real estate - Charming Downtown Eatery, Established Business, High Potential
    Where is this commercial real estate located?
    The property is located at 127 Magnolia Dr Wiggins, MS.
    What is the asking price?
    The asking price for this property is $350,000.
    (833) 323-2484
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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
    127 Magnolia Dr Wiggins, MS 39577
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