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Grocery and Convenience Store Property
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500 South Davis Ave, Cleveland, MS 38732

Combined business and real estate include a liquor store with an attached party and convenience store.

Property Size2,400 SF
Price / SF$343.75
Days on Market132

Property Features for 500 South Davis Ave

General Information

Standard status Active
Size 2,400 SF
Property subtype RETAIL

Additional Details

Business Included Yes
Corner Location Yes
Liquor License Yes
Listing Agency: Griffith Appraisal
Listed By: David M Griffith
Source: Moodyscre
Added: Apr 22 Changed: Aug 30 Last Checked: Aug 30 at 9:26PM

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 Griffith Appraisal

Investment Insights

Based on property information with market context.

The offering combines a family liquor store with an attached party and convenience store, presenting both the operating business and real estate as one sale. The improvements contain approximately 2,400 square feet and occupy a corner position along Highway 61 in Cleveland, Mississippi.

The property also includes one additional corner lot to the south and two rear lots. These adjoining parcels provide additional land within the offering for future expansion or other site planning, subject to applicable approvals.

Key Highlights

  • Liquor store with attached party and convenience store
  • Business and real estate offered together
  • Approximately 2,400 square feet of improvements

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

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

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

837
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 77% Shops & Services 17% Apparel 5% Home Improvements & Furnishings 2%
Burger King Dining
15,827 visits/mo 0.5 miles
Family Dollar Shops & Services
6,454 visits/mo 0.1 miles
KFC Dining
5,772 visits/mo 0.2 miles
SUBWAY Dining
4,816 visits/mo 0.2 miles
Arby's Dining
4,598 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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Combined business and real estate include a liquor store with an attached party and convenience store.
Where is this grocery and convenience store located?
The property is located at 500 South Davis Ave Cleveland, MS.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Liquor store with attached party and convenience store; Business and real estate offered together; Approximately 2,400 square feet of improvements
(662) 721-5643 Call to check price and availability
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