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Triple-Net Mixed-Use Retail Building
For Sale
$210,000

233 North Street, Cleveland, MS 38732

COMMERCIAL - Cleveland, MS

Property Size1,750 SF
Lot Size0.12 Acres
Price / SF$120
Days on Market115

Property Features for 233 North Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 8
Window features Tinted Windows
Subdivision Feduccias Add
Standard status Active
APN 33-21-275-00-02100
Size 1,750 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 21 FEDUCCIAS ADD CLEVELAND (SENATORS PLACE)
Tax Annual Amount 2404
Legal Description LOT 21 FEDUCCIAS ADD CLEVELAND (SENATORS PLACE)

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1930
Floors in Building 1
Flooring type Wood
Listing Agency: Tom Smith Land & Homes
Listed By: Bruce E West · License #24498
Added: Apr 7 Changed: Jul 24 Last Checked: Jul 30 at 5:06PM
MLS# 4145165

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use retail property consists of two separate commercial spaces under one roof and totals approximately 1,746 +/- square feet. The building is 100% occupied and operated under Triple Net Leases with two tenants. Recent improvements include a new central A/C unit installed in 2025, along with updated water heaters, bathroom updates, updated interior flooring, and new exterior paint.

Located near the central downtown area and just a few feet from Highway 61, the property benefits from visibility tied to the area’s high-traffic corridor.

The asset is presented for sale as a well-maintained, fully leased, multi-tenant building with updates to major building systems and interior/exterior finishes.

Key Highlights

  • 100% Occupied with Triple Net Leases: Provides immediate and stable income stream.
  • High Traffic Location: Situated near Highway 61, ensuring excellent visibility and accessibility for tenants.
  • Mixed‑Use Building in Thriving College Town: Caters to diverse business needs and benefits from a vibrant local economy.

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

933
Businesses Nearby
82k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 33% Apparel 4% Home Improvements & Furnishings 1%
SONIC Drive In Dining
20,024 visits/mo 0.3 miles
Burger King Dining
15,827 visits/mo 0.3 miles
Exxon Shops & Services
9,371 visits/mo 0.4 miles
Family Dollar Shops & Services
6,454 visits/mo 0.4 miles
KFC Dining
5,772 visits/mo 0.4 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Sunset Florist & Gifts — 158 N Sharpe Ave, Cleveland, MS 38732
  • Flowers & Things — 160 N Sharpe Ave, Cleveland, MS 38732

Frequently Asked Questions

What type of property is this?
Storefront property - Two storefronts under one roof with updated HVAC, 100% occupancy, and leases with two tenants.
Where is this storefront property located?
The property is located at 233 North Street 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: 100% Occupied with Triple Net Leases: Provides immediate and stable income stream.; High Traffic Location: Situated near Highway 61, ensuring excellent visibility and accessibility for tenants.; Mixed‑Use Building in Thriving College Town: Caters to diverse business needs and benefits from a vibrant local economy.
More about this property
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