Downtown Restaurant with Event
For Sale
$235,000
112 Court Avenue, Indianola, MS 38751
Commercial Sale, Indianola, MS
Property Size7,120 SF
Lot Size0.17 Acres
Price / SF$33.01
Days on Market95
Property Features for 112 Court Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Lot features
City Lot, City Lot
Standard status
Active
APN
119p-31-00-066.00
Size
7,120 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 8 & PT LOT 9 (30X100) - BLK L ORIGINAL TOWN PB F/107 * OLD PCL:3119P0007100 L0000700 PT LOT 9 & LOT 10 (45.7X100) - BLK L ORIGINAL TOWN
Tax Annual Amount
3827
Legal Description
LOT 8 & PT LOT 9 (30X100) - BLK L ORIGINAL TOWN PB F/107 * OLD PCL:3119P0007100 L0000700 PT LOT 9 & LOT 10 (45.7X100) - BLK L ORIGINAL TOWN
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
Large Event Space
Building Details
Year built
1924
Floors in Building
2
Flooring type
Concrete
Listing Agency:
Tom Smith Land & Homes
(601) 898-2772
Listed By:
Emerson Lovelace · License #S49193
(601) 715-3302
Added: May 21
Changed: Aug 19
Last Checked: Aug 23 at 5:06PM
MLS# 4150197
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 conventional restaurant property includes approximately 7,120 square feet across two parcels on a 0.17-acre lot. Built in 1924, the improvements feature concrete flooring, two bathrooms, on-site furniture, and trade fixtures. An adjoining large event area adds functional space for restaurant operations or gatherings.
The property is located in downtown Indianola and carries C2, Community Commercial, zoning. Public water and public sewer serve the site. The existing improvements also offer retail, office, and development potential as described for the property.
The property is located in downtown Indianola and carries C2, Community Commercial, zoning. Public water and public sewer serve the site. The existing improvements also offer retail, office, and development potential as described for the property.
Key Highlights
- Approximately 7,120 square feet on a 0.17‑acre lot
- C2 (Community Commercial) zoning
- Two‑parcel sale in downtown Indianola
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38751, MS
10,682
Population
4,383
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
81%
High-School Grad
163.0 sq mi
ZIP Area
66
Density / Sq Mi
$42,965
Median Household Income
$31,478
Median Earnings
$760
Median Rent
$126,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- China King Buffet — 201 US-82 N, Indianola, MS 38751
Frequently Asked Questions
What type of property is this?
Conventional restaurant - C2-zoned restaurant property with on-site furnishings, trade fixtures, and adjoining event space.
Where is this conventional restaurant located?
The property is located at 112 Court Avenue Indianola, MS.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Approximately 7,120 square feet on a 0.17‑acre lot; C2 (Community Commercial) zoning; Two‑parcel sale in downtown Indianola
