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Multi-Use Retail Building
For Sale
$775,000

532 Carnation, Tupelo, MS 38804

Brick building with metal roof and large concrete paving, offering multiple interior walls for flexible business uses.

Property SizeContact for details
Days on Market443

Property Features for 532 Carnation

General Information

Standard status Active
Property subtype General Commercial

Amenities

Central Air
3
Commercial
119x350

Building Details

Stories 1
Listing Agency: Palmer-Brown Real Estate Group, LLC
Listed By: Frankie McMillin
Source: Xome
Added: Jun 9, 2025 Changed: Aug 23 Last Checked: Aug 24 at 4:56AM

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 Palmer-Brown Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This multi-use retail building offers a brick exterior and a metal roof, with several interior walls already in place to support a variety of business configurations. The property includes large concrete paving, providing practical outdoor space for operations tied to retail or service uses.

The offering is for sale and includes an over 7,000 sq ft building suitable for multiple purposes, with the existing interior wall layout helping reduce build-out complexity for tenants or owners planning phased improvements.

While the current interior walls remain in place, the overall layout is designed to be adaptable, making the building worth considering for businesses looking for an existing structure that can be tailored to their specific needs.

Key Highlights

  • Over 7,000 sq ft brick building for multi‑use investment potential
  • Large concrete paving area on site
  • Metal roof

Property Analytics

Current Use

Lee County WIC ... Social Service Agency

Suggested Use

Top Pick Parking Lot & Garage Veterinary Clinic Carpet & Flooring Store Grocery & Convenience Store Pet Grooming Service Electrical 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.

Location Intelligence

Trade Area within ½ mile

1,577
Businesses Nearby

Demographics for 38804, MS

17,314
Population
7,978
Households
2.2
Avg Household Size
40
Median Age
30%
College-Educated
87%
High-School Grad
78.5 sq mi
ZIP Area
221
Density / Sq Mi
$63,837
Median Household Income
$37,416
Median Earnings
$858
Median Rent
$201,600
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?
Retail space - Brick building with metal roof and large concrete paving, offering multiple interior walls for flexible business uses.
Where is this retail space located?
The property is located at 532 Carnation Tupelo, MS.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Over 7,000 sq ft brick building for multi‑use investment potential; Large concrete paving area on site; Metal roof
More about this property
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