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OFF-MARKET
Specialty properties

203 Church Street Ext Newton, MS 39345

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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