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Restaurant with Commercial Kitchen Equipment
For Sale
$325,000

1601 N Parkway St, Corinth, MS 38834

The vacant former restaurant sits on a commercial parcel along N Parkway Street in Corinth.

Property Size1,157 SF
Lot Size0.30 Acres
Price / SF$280.90
Days on Market8

Property Features for 1601 N Parkway St

General Information

Standard status Active
Size 1,157 SF
Lot size 0.30 Acres
Property subtype Commercial

Restaurant

Commercial Hood Yes
Equipment Included Yes

Building Details

Year Built 1977
Listing Agency: The Franklin Agency, LLC
Listed By: Emily McGrath · License #24503
Source: Propertiesnorthms
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 5 at 6:54PM

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 The Franklin Agency, LLC

Investment Insights

Based on property information with market context.

This vacant restaurant property occupies approximately 0.30 acres at 1601 N Parkway St in Corinth, Mississippi. Built in 1977, the building includes a three-compartment sink, a 15.5-foot vent hood, and two walk-in coolers measuring 10 feet by 11 feet each. The property is being sold as is; the owner says the equipment worked the last time it was used.

The site is on N Parkway Street, with access to surrounding businesses and the Corinth community. Its previous restaurant use and existing kitchen equipment are established features of the property.

Key Highlights

  • Approximately 0.30‑acre commercial parcel
  • Restaurant building constructed in 1977
  • 15.5‑foot vent hood and three‑compartment sink

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Restaurant Spa & Massage 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.

Lease Details

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 99% Dining 1%
Dollar General Shops & Services
12,006 visits/mo 0.5 miles
Exxon Shops & Services
9,103 visits/mo 0.4 miles
Dollar Tree Shops & Services
5,182 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
3,275 visits/mo 0.1 miles
Chevron Shops & Services
1,709 visits/mo 0.4 miles

Demographics for 38834, MS

27,823
Population
13,211
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
83%
High-School Grad
223.0 sq mi
ZIP Area
125
Density / Sq Mi
$50,125
Median Household Income
$34,202
Median Earnings
$730
Median Rent
$139,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The vacant former restaurant sits on a commercial parcel along N Parkway Street in Corinth.
Where is this conventional restaurant located?
The property is located at 1601 N Parkway St Corinth, MS.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approximately 0.30‑acre commercial parcel; Restaurant building constructed in 1977; 15.5‑foot vent hood and three‑compartment sink
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