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For sale
Conventional restaurants
MS
Ruleville
419 E Dr MLK Dr

Restaurant Building with Development Potential

419 E Dr MLK Dr, Ruleville, MS

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For Sale

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5,000 sq ft restaurant with parking and development opportunity.

Type:RETAIL

Property size:

5,000 SF

Lot size:

333.54 Acres

Price / SF:

$160/SF

HighLights

Existing tenant (Mexico Grill) provides immediate income of $3,000/month.
Significant building size with 5,000± sq. ft.
Large parking area with space for approximately 50 vehicles.
Development potential with adjacent open lot.
Relatively new construction, built in 2018.
Highway frontage location on Hwy 49 near the corner of Hwy 8.

We can help!

Listing Contact

Anthony Steen

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For Sale

Contact for pricing

5,000 sq ft restaurant with parking and development opportunity.

Type:RETAIL

Property size:

5,000 SF

Lot size:

333.54 Acres

Price / SF:

$160/SF

Added:: Mar 13, 2025
Days on Market:: 459
Last Refresh:: May 20 at 9:34 pm

Property Features for 419 E Dr MLK Dr

General Information

Standard status: Active
Size: 5,000 SF
Lot size: 333.54 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Anthony Steen

Listing agent Anthony Steen License #S57162

Listing office Tom Smith Land and Homes | Madison

Listing date Mar 13, 2025

Source Moodyscre

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 Tom Smith Land and Homes | Madison

HighLights

Existing tenant (Mexico Grill) provides immediate income of $3,000/month.
Significant building size with 5,000± sq. ft.
Large parking area with space for approximately 50 vehicles.
Development potential with adjacent open lot.
Relatively new construction, built in 2018.
Highway frontage location on Hwy 49 near the corner of Hwy 8.

Overview

The property features a 5,000 square foot building constructed in 2018. Currently, the building is leased to Mexico Grill for $3,000 per month, and the tenant is expected to continue the lease. The property includes up to one acre of parking space, which can accommodate approximately 50 vehicles. Adjacent to the building is an open lot to the south, offering direct highway frontage along Hwy 49 near the corner of Hwy 8. This lot presents potential for further development, making it suitable for another business venture.

Location Intelligence

Current Use by Public Records

Conventional restaurants

Map

City: Ruleville
County: Sunflower
State: Mississippi
Longitude: -90.5515
Latitude: 33.7259

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For sale
Conventional restaurants
MS
Ruleville
419 E Dr MLK Dr

What type of property is this?

Conventional restaurant - 5,000 sq ft restaurant with parking and development opportunity.

Where is this conventional restaurant located?

The property is located at 419 E Dr MLK Dr Ruleville, 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: Existing tenant (Mexico Grill) provides immediate income of $3,000/month.; Significant building size with 5,000± sq. ft.; Large parking area with space for approximately 50 vehicles.

419 E Dr MLK Dr, Ruleville, MS

5,000 sq ft restaurant with parking and development opportunity.

Property Features for 419 E Dr MLK Dr

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Multi-Room Office Building

Ruleville Commercial Building For Sale

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