Historic Restaurant
For Sale
$279,000
108 S Commerce St, Ripley, MS 38663
Commercial Sale, Ripley, MS
Property Size5,746 SF
Lot Size0.09 Acres
Price / SF$48.56
Days on Market49
Property Features for 108 S Commerce St
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Property is located just off the south side of the courthouse square.
Subdivision
Tippah
Standard status
Active
Size
5,746 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
S PT LOT 6 BLK 22 / SEC 14-4-3 / PPIN 10754 / 3-643F-14-292.00 / TD 5320
Tax Annual Amount
4007
Legal Description
S PT LOT 6 BLK 22 / SEC 14-4-3 / PPIN 10754 / 3-643F-14-292.00 / TD 5320
Amenities
original hardwood floors
walk-in cooler
covered outdoor dining areas
decorative wrought-iron railings
Building Details
Year built
1910
Floors in Building
2
Flooring type
Hardwood
Building materials
Brick Stucco
Listing Agency:
Tomlinson Realty Group, LLC
(662) 266-1033
Listed By:
Ben Tomlinson · License #B-18378
(662) 993-7653
Added: Aug 5
Changed: Sep 3
Last Checked: Sep 22 at 5:06PM
MLS# 26-2819
Copyright © 2026 Northeast Mississippi Board of Realtors. 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.
Located at 108 S Commerce St in Ripley, Mississippi, this two-story brick-and-stucco restaurant property dates to 1910 and was remodeled in 2006. The interior includes hardwood flooring on both levels, dining and event areas, a commercial kitchen, walk-in cooler, and a separate area suitable for dessert, coffee, bakery, or ice cream service. Restaurant furnishings and operational items, including tables, chairs, utensils, glassware, and most kitchen equipment, remain in place.
The building accommodates approximately 175 guests and includes covered outdoor dining areas with decorative wrought-iron railings on the second floor. Its prior uses have included several restaurant operations and other commercial activities, supporting a range of restaurant and event-oriented configurations. The property is positioned in downtown Ripley and carries a long operating history as a recognizable commercial building.
The building accommodates approximately 175 guests and includes covered outdoor dining areas with decorative wrought-iron railings on the second floor. Its prior uses have included several restaurant operations and other commercial activities, supporting a range of restaurant and event-oriented configurations. The property is positioned in downtown Ripley and carries a long operating history as a recognizable commercial building.
Key Highlights
- Two‑story brick‑and‑stucco commercial building constructed in 1910
- Remodeled in 2006 while retaining historic architectural character
- Approximately 175‑guest seating capacity
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
30k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two-story brick-and-stucco property with commercial kitchen, event space, and retained restaurant furnishings.
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 architectural character; Approximately 175‑guest seating capacity
