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Multi-Suite Shopping Center
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400 Highway 61 North, Cleveland, MS 38731

Three-suite commercial property with restaurant and retail occupancy plus substantial paved customer parking.

Property Size10,900 SF
Days on Market142

Property Features for 400 Highway 61 North

General Information

Standard status Active
Size 10,900 SF
Property subtype Retail
Occupancy 67%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Tom Smith Land and Homes, LLC
Listed By: Tracey Bell · License #MS 22907
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 2:01PM

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, LLC

Investment Insights

Based on property information with market context.

This 10,900± SF shopping center contains three suites, with two currently leased to restaurant and retail businesses. The building is supported by approximately 20,000± SF of concrete paving across the lot, providing on-site parking for visitors and customers.

The property is located at 400 Highway 61 North in Cleveland, MS, less than a quarter mile from the intersection of HWY 61 and HWY 8. Its placement near that junction provides access to a heavily traveled commercial corridor and positions the center for exposure to passing traffic.

Key Highlights

  • 10,900± SF commercial building with three suites
  • Two of three suites leased to restaurant and retail businesses
  • Approximately 20,000± SF of concrete paving on the lot

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Locksmith Veterinary Clinic 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

66.7%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38731, MS

49
Population
23
Households
2.1
Avg Household Size
48
Median Age
14.8 sq mi
ZIP Area
3
Density / Sq Mi

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Three-suite commercial property with restaurant and retail occupancy plus substantial paved customer parking.
Where is this shopping center located?
The property is located at 400 Highway 61 North Cleveland, MS.
What are key features of this property?
This property features: 10,900± SF commercial building with three suites; Two of three suites leased to restaurant and retail businesses; Approximately 20,000± SF of concrete paving on the lot
(662) 719-4720 Call to check price and availability
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