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Two-Tenant NNN Commercial Property
For Sale
$210,000

233 North St, Cleveland, MS 38732

Fully occupied commercial building with two separate spaces and recent property updates.

Property Size1,750 SF
Price / SF$120
Days on Market42

Property Features for 233 North St

General Information

Standard status Active
Size 1,750 SF
Occupancy 100%

Building Details

Year Built 1930
Buildings 1
Tenancy Multi
Listing Agency: Tom Smith Land & Homes
Listed By: Bruce E West · License #24498
Source: Fiorellaavenue
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 30 at 1:03AM

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 & Homes

Investment Insights

Based on property information with market context.

This NNN commercial property contains two distinct commercial spaces within one building and is fully occupied under Triple Net leases. The structure dates to 1930 and has received several updates, including a new central A/C unit in 2025, refreshed water heaters, an updated bathroom, new interior flooring, and exterior paint.

The property is located near central downtown Cleveland, with Highway 61 only a few feet away. Its Mississippi Delta setting includes nearby college events and community festivals, providing established activity around the central area.

Key Highlights

  • Two separate commercial spaces within one building
  • 100% occupied under Triple Net leases
  • New central A/C unit installed in 2025

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Garden Center Skin Care Clinic HVAC Service Plumbing Service

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

973
Businesses Nearby
83k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 33% Apparel 4% Home Improvements & Furnishings 1%
SONIC Drive In Dining
20,024 visits/mo 0.2 miles
Burger King Dining
15,827 visits/mo 0.2 miles
Exxon Shops & Services
9,371 visits/mo 0.3 miles
Family Dollar Shops & Services
6,454 visits/mo 0.4 miles
KFC Dining
5,772 visits/mo 0.3 miles

Demographics for 38732, MS

17,652
Population
7,354
Households
2.4
Avg Household Size
36
Median Age
32%
College-Educated
84%
High-School Grad
88.3 sq mi
ZIP Area
200
Density / Sq Mi
$44,239
Median Household Income
$34,531
Median Earnings
$776
Median Rent
$163,000
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?
NNN property - Fully occupied commercial building with two separate spaces and recent property updates.
Where is this nnn property located?
The property is located at 233 North St Cleveland, MS.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two separate commercial spaces within one building; 100% occupied under Triple Net leases; New central A/C unit installed in 2025
More about this property
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