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Retail Showroom With Warehouse
New
For Sale
$698,500

616 Romie Hill Ave, Shannon, MS 38868

Commercial Sale, Shannon, MS

Property Size18,653 SF
Lot Size3.00 Acres
Price / SF$37.45
Days on Market6

Property Features for 616 Romie Hill Ave

General Information

Property type Commercial Sale
Property subtype Other
Directions Take MS Hwy 145 to Shannon. Next to the Dollar Tree.
Subdivision Southwest Lee
Standard status Active
Size 18,653 SF
Lot size 3.00 Acres

Taxes and HOA fees

Tax Description Book 2024 Page 00173
Tax Annual Amount 5089
Legal Description Book 2024 Page 00173

Building Details

Year built 1963
Floors in Building 1
Listing Agency: TM REALTORS
Listed By: JAMES RILEY HUNTER, SR · License #15556
Added: Oct 2 Changed: Oct 5 Last Checked: Oct 7 at 3:06AM
MLS# 26-3727

Copyright © 2026 Northeast Mississippi Board of Realtors. 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 18,653-square-foot, single-story mixed-use property contains 13,163 square feet of retail and showroom area alongside 5,490 square feet of warehouse space. The 3-acre site is zoned C-1, and the building dates to 1963.

Located at 616 Romie Hill Ave in Shannon, Mississippi, the property is near Highway 145 and US-45, providing access to north-south transportation corridors.

Key Highlights

  • 18,653‑square‑foot facility on a 3‑acre site
  • 13,163 square feet of retail and showroom space
  • 5,490‑square‑foot warehouse area

Property Analytics

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Current Use

Showrooms

Suggested Use

Top Pick Building Supply Garden Center Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby

Demographics for 38868, MS

4,905
Population
2,240
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
88%
High-School Grad
73.1 sq mi
ZIP Area
67
Density / Sq Mi
$52,985
Median Household Income
$39,077
Median Earnings
$850
Median Rent
$138,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A single-story commercial facility combines customer-facing sales space with a substantial warehouse component.
Where is this mixed-use property located?
The property is located at 616 Romie Hill Ave Shannon, MS.
What is the asking price?
The asking price for this property is $698,500.
What are key features of this property?
This property features: 18,653‑square‑foot facility on a 3‑acre site; 13,163 square feet of retail and showroom space; 5,490‑square‑foot warehouse area
More about this property
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