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Historic Restaurant and Event Venue
For Sale
$279,000

108 S Commerce St, Ripley, MS 38663

Restored two-story commercial property with a commercial kitchen, event areas, and covered outdoor dining.

Property Size5,746 SF
Price / SF$48.56
Days on Market80

Property Features for 108 S Commerce St

General Information

Standard status Active
Size 5,746 SF
Property subtype Commercial

Restaurant

Seating Capacity 175
Patio Yes
Equipment Included Yes

Additional Details

Furnished Yes

Amenities

covered outdoor dining areas

Building Details

Year Built 1910
Year Renovated 2006
Buildings 1
Stories 2
Construction brick and stucco
Listing Agency: Tomlinson Realty Group, LLC
Listed By: Ben Tomlinson · License #B-18378
Source: Propertiesnorthms
Added: Jul 9 Changed: Sep 2 Last Checked: Sep 24 at 10:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tomlinson Realty Group, LLC

Investment Insights

Based on property information with market context.

Built in 1910, this two-story brick and stucco commercial building combines restored historic character with restaurant-ready improvements. The property includes original hardwood floors, a fully equipped commercial kitchen, walk-in cooler, dining and event areas, and furnishings such as tables, chairs, glassware, and utensils. Seating is arranged for approximately 175 guests, with a dedicated area suited to a coffee bar, bakery, dessert café, or ice cream shop.

The building occupies a downtown position at 108 S Commerce St in Ripley, Mississippi, with visibility from the surrounding commercial area. A 2006 remodeling preserved the structure’s historic elements while updating the interior for contemporary use. Covered second-floor outdoor dining areas feature decorative wrought-iron railings, adding an additional setting for restaurant or event operations.

Key Highlights

  • Two‑story brick and stucco commercial building constructed in 1910
  • Remodeled in 2006 while retaining historic building character
  • Seating capacity for approximately 175 guests

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Bakery Locksmith Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby
30k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 100%
Walmart Superstores
29,698 visits/mo 0.5 miles

Demographics for 38663, MS

11,561
Population
5,665
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
82%
High-School Grad
189.2 sq mi
ZIP Area
61
Density / Sq Mi
$52,298
Median Household Income
$35,950
Median Earnings
$685
Median Rent
$137,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restored two-story commercial property with a commercial kitchen, event areas, and covered outdoor dining.
Where is this conventional restaurant located?
The property is located at 108 S Commerce St Ripley, MS.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Two‑story brick and stucco commercial building constructed in 1910; Remodeled in 2006 while retaining historic building character; Seating capacity for approximately 175 guests
More about this property
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