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    205 E Troy St Tupelo, MS 38804

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    For Lease
    Contact for pricing

    Premier restaurant space in Tupelo's dynamic Fairpark District.

    Property size:
    53,934 SF
    Lot size:
    53,934 SF

    Property Features for 205 E Troy St

    General Information

    Size
    53,934 SF

    Building Details

    Year built
    2018

    Source: Alex Wilson, CCIM Agent Alex Wilson, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tupelo Restaurant Space For Lease

    Located in the Fairpark District of Tupelo, this ±5,600 SF restaurant space is available for lease. The Fairpark District is a mixed-use destination that anchors Downtown Tupelo’s ongoing urban renaissance and has evolved into the city’s primary center for dining, entertainment, and cultural experiences. The property is positioned one block off Main Street and near the vibrant core of Downtown Tupelo, offering visibility and accessibility. The area has enhanced sidewalks, increasing walkability and curb appeal. The space comes fully equipped with all existing kitchen equipment and an in-place grease trap. The property is located less than 1 mile from U.S. Highway 45, providing regional connectivity. The location is suitable for a full-service restaurant, upscale dining concept, or entertainment venue. The property is surrounded by boutique retail, destination dining, event venues, hotels, and civic anchors. The location is surrounded by high foot traffic from nearby retail, office, and hotels.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BankPlus Bank Ross & Yerger Insurance Agency The Grillehouse of Tupelo Restaurant BankPlus Mortgage Center: ... Mortgage Broker North Mississippi Plastic ... Plastic Surgeon

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Cotton Boll Catering

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.705158
    Latitude
    34.256254

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    FAQs

    What type of property is this?
    Restaurant - Premier restaurant space in Tupelo's dynamic Fairpark District.
    Where is this restaurant located?
    The property is located at 205 E Troy St Tupelo, MS.
    What are key features of this property?
    This property features: - Turnkey restaurant space (\u00b15,600 SF) with existing kitchen equipment and grease trap.; - Located in Tupelo's highly sought-after Fairpark District, a premier destination with consistent foot traffic.; - Prime location just one block off Main Street and near Downtown Tupelo, offering unparalleled visibility and accessibility.
    (601) 405-7136
    Request Owner's contact information
    205 E Troy St Tupelo, MS 38804
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    Tupelo, MS 38804
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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
    205 E Troy St Tupelo, MS 38804
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