Grenada Lake Commercial Corner
For Sale
$2,250,000
197 Scenic Loop 333, Grenada, MS 38901
Prime commercial property near Grenada Lake with multiple income streams.
Property Size12,710 SF
Lot Size2.00 Acres
Price / SF$177.03
Days on Market109
Property Features for 197 Scenic Loop 333
General Information
Standard status
Active
Size
12,710 SF
Lot size
2.00 Acres
Taxes and HOA fees
Annual Taxes
$3,563
Listing Agency:
Powers Properties
(662) 392-3762
Listed By:
Tiffany H Mccaleb · License #S55141
(662) 392-3762
Source:
Exprealty
Added: May 8
Changed: Aug 23
Last Checked: Aug 24 at 1:31PM
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 Powers Properties
Investment Insights
Based on property information with market context.
This commercial property is located on a corner lot at the intersection of Highway 8 and Scenic Loop 333, the main route to Grenada Lake. Situated on approximately 2 acres, the property includes a 3,287 square foot convenience store with six fueling positions, a bait and tackle shop, a newly renovated 7,000 square foot retail building, a laundromat, and a 560 square foot enclosed garage with a rollup door suitable for service, storage, or expansion. The property features approximately 9,000 square feet of pavement, providing ample parking. The location provides the closest fueling station to the main entrance of Grenada Lake and is near elementary schools, ensuring weekday traffic. Direct access to Scenic Loop 333 makes it a stop for those fishing, boating, and enjoying recreational activities around the lake. The property is designed for multiple revenue streams, with the laundromat providing steady, low-labor revenue, complementing fuel sales, retail, and tourism-driven traffic from Grenada Lake. It is a diversified income-producing asset.
Key Highlights
- Prime corner location at the intersection of Highway 8 and Scenic Loop 333, the main route to Grenada Lake, offering excellent visibility and high traffic.
- Diversified income streams from a convenience store with 6 fueling positions, a bait and tackle shop, a laundromat, and a ±7,000 square foot retail building.
- ±7,000 SF Retail Building (flexible use).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38901, MS
18,282
Population
8,831
Households
2.1
Avg Household Size
41
Median Age
26%
College-Educated
85%
High-School Grad
242.0 sq mi
ZIP Area
76
Density / Sq Mi
$46,956
Median Household Income
$31,330
Median Earnings
$811
Median Rent
$139,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Prime commercial property near Grenada Lake with multiple income streams.
Where is this grocery and convenience store located?
The property is located at 197 Scenic Loop 333 Grenada, MS.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime corner location at the intersection of Highway 8 and Scenic Loop 333, the main route to Grenada Lake, offering excellent visibility and high traffic.; Diversified income streams from a convenience store with 6 fueling positions, a bait and tackle shop, a laundromat, and a ±7,000 square foot retail building.; ±7,000 SF Retail Building (flexible use).
