836 Chester St Tupelo, MS 38804
This exceptional 2,240-square-foot special purpose property, located at 836 Chester Street in Tupelo, Mississippi, presents a unique investment opportunity. Built in 1952 and renovated in 2007, this single-story building sits on a 0.51-acre lot and is zoned for Medium Density Residential use. Currently configured as a church, the property features a sanctuary with seating for approximately 80 people, a kitchen with dining area, two restrooms, a baptistry, and two rooms suitable for use as a nursery or classrooms. The roof is approximately five years old, and the sanctuary boasts central HVAC. While the current use is as a church, potential buyers interested in continuing this use should verify zoning compliance with the City of Tupelo. It is understood the property may be grandfathered for continued church use. Please note that certain items, including portable buildings, furniture, appliances, and sound equipment, are not included in the sale. All information provided is subject to verification by the buyer. Taxes and square footage are estimates. This property offers significant potential for various uses given its size, location, and zoning. The asking price is $325,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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