203 Church Street Ext Newton, MS 39345
This exceptional commercial property, located at 203 Church Street in Newton, Mississippi, presents a unique investment opportunity. The building, formerly known as the Chicken Basket, is offered at an asking price of $199,000. This turnkey restaurant boasts approximately 2500 square feet of heated and cooled space, ideal for immediate operation. The property includes all existing equipment, tables, and chairs, minimizing start-up costs and maximizing efficiency. A convenient drive-thru window adds to the operational advantages. Situated on nearly one acre of land, the property offers ample space for outdoor seating or expansion. The building's location in Newton, Mississippi, zip code 39345, provides access to a thriving local community. This is a rare chance to acquire a fully equipped, established restaurant space ready for immediate use, eliminating the lengthy and costly process of building and equipping a new establishment. The property's size and features make it suitable for a variety of food service concepts. Serious inquiries are encouraged to explore this exceptional opportunity. The property is categorized as Special Purpose.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.