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Highway Frontage Retail Suite
For Lease
$1,400/Mo

400 N Highway 61 Avenue, Cleveland, MS 38732

Commercial Lease, Cleveland, MS

Space SizeContact for details
Lot Size0.72 Acres
Days on Market47

Property Features for 400 N Highway 61 Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Subdivision Metes And Bounds
Standard status Active
APN 33-16-900-00-10200
Size 2,000 SF
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT IN S 1/2 OF SE 1/4 EAST OF HWY 61 S16 T22 R5 CLEVELAND NOT PLATTED
Tax Annual Amount 21843
Legal Description LOT IN S 1/2 OF SE 1/4 EAST OF HWY 61 S16 T22 R5 CLEVELAND NOT PLATTED
Listing Agency: Tom Smith Land & Homes
Listed By: Diamond D Spiller · License #S-60388
Added: Jul 22 Changed: Aug 29 Last Checked: Sep 6 at 4:06AM
MLS# 4156757

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 2,000-square-foot retail suite occupies the north side of a commercial building at 400 N Highway 61 Avenue. The space previously operated as a restaurant, providing a documented former food-service use without defining the current configuration or permitted uses.

The property sits on a 0.72-acre parcel with highway frontage and on-site parking. Its position near the intersection of Highway 8 and Highway 61 places the suite approximately one block from that junction in Cleveland, Mississippi.

Key Highlights

  • 2,000‑square‑foot retail suite on the north side of the building
  • 0.72‑acre parcel with highway frontage
  • On‑site parking included

Property Analytics

Current Use

Retail space

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,027
Businesses Nearby
59k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 36% Apparel 2%
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 0.1 miles
Guaranty Bank Shops & Services
4,796 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
3,692 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Retail space - North-side commercial suite with parking and frontage along Highway 61.
Where is this retail space located?
The property is located at 400 N Highway 61 Avenue Cleveland, MS.
What is the lease rate?
The lease rate is $1,400/Mo.
What are key features of this property?
This property features: 2,000‑square‑foot retail suite on the north side of the building; 0.72‑acre parcel with highway frontage; On‑site parking included
More about this property
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