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Boutique Hotel with Penthouse
For Sale
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113 N Main St, Ripley, MS 38663

Boutique hotel for sale with three ground-floor rooms and a second-floor penthouse featuring two bedrooms.

Property Size5,000 SF
Price / SF$160
Days on Market148

Property Features for 113 N Main St

General Information

Standard status Active
Size 5,000 SF
Property subtype Hospitality

Amenities

balcony

Building Details

Year Built 1981
Buildings 1
Stories 2
Listing Agency: TM Realtors
Listed By: Sarah Hoing, CCIM · License #MS S-55832
Source: Crexi
Added: Apr 17 Changed: Aug 14 Last Checked: Sep 10 at 8:44AM

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 TM Realtors

Investment Insights

Based on property information with market context.

This boutique hotel offers guest accommodations across two levels, with three hotel rooms on the ground floor and a second-floor penthouse. The penthouse includes two bedrooms and 2.5 bathrooms, with a kitchen, den, and a balcony overlooking the square. The property is described as beautifully appointed throughout.

The offering is located at 113 N Main St in Ripley, MS. The penthouse balcony provides a direct overlook of the square, offering an elevated outdoor space tied to the property’s character.

The configuration supports a mix of smaller room accommodations on the main level and a more residential-style penthouse layout upstairs, including dedicated living space such as a den and a kitchen.

Key Highlights

  • Boutique hotel built in 1981 with 3 ground‑floor hotel rooms
  • Second‑floor penthouse includes 2 bedrooms and 2.5 baths
  • Penthouse features a kitchen and den, plus a balcony overlooking the square

Property Analytics

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Current Use

Hotels

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Bakery Locksmith Gym & Fitness Center

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

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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Frequently Asked Questions

What type of property is this?
Hotel - Boutique hotel for sale with three ground-floor rooms and a second-floor penthouse featuring two bedrooms.
Where is this hotel located?
The property is located at 113 N Main St Ripley, MS.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Boutique hotel built in 1981 with 3 ground‑floor hotel rooms; Second‑floor penthouse includes 2 bedrooms and 2.5 baths; Penthouse features a kitchen and den, plus a balcony overlooking the square
(662) 842-3844 Call to check price and availability
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