419 E Dr MLK Dr Ruleville, MS
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5,000 sq ft restaurant with parking and development opportunity.
Type:RETAIL
Property size:
5,000 SFLot size:
333.54 AcresPrice / SF:
$160/SF- Added:
- Mar 13, 2025
- Days on Market:
- 414
- Last Refresh:
- Apr 5 at 10:30 pm
Property Features for 419 E Dr MLK Dr
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 333.54 Acres
- Property subtype
- RETAIL
Listing agent Anthony Steen License #S57162 (662) 645-5151
Listing office Tom Smith Land and Homes | Madison (662) 645-5151
Listing date Mar 13, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Tom Smith Land and Homes | Madison
Overview
Restaurant Building with Development Potential
The property features a 5,000 square foot building constructed in 2018. Currently, the building is leased to Mexico Grill for $3,000 per month, and the tenant is expected to continue the lease. The property includes up to one acre of parking space, which can accommodate approximately 50 vehicles. Adjacent to the building is an open lot to the south, offering direct highway frontage along Hwy 49 near the corner of Hwy 8. This lot presents potential for further development, making it suitable for another business venture.
Location Intelligence
Current Use by Public Records
Conventional restaurants
Map
- City
- Ruleville
- County
- Sunflower
- State
- Mississippi
- Longitude
- -90.5515
- Latitude
- 33.7259
FAQs
What type of property is this?
Conventional restaurant - 5,000 sq ft restaurant with parking and development opportunity.
Where is this conventional restaurant located?
The property is located at 419 E Dr MLK Dr Ruleville, MS.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Existing tenant (Mexico Grill) provides immediate income of $3,000/month.; Significant building size with 5,000± sq. ft.; Large parking area with space for approximately 50 vehicles.
