Brooks St, Pelahatchie, MS 39145
This iconic, two-story commercial building presents a rare investment opportunity in the heart of Pelahatchie, Mississippi. Built in 1900, this approximately 4,662-square-foot structure boasts a rich history, having served as a general store, flea market, flooring store, sandwich shop, movie set, and snow cone stand over the years. Its prime location on Brooks Street ensures high visibility and accessibility. The main level features a storefront with a dedicated checkout area, a large central room perfect for various retail or commercial uses, two restrooms, and a back workroom or office space. Upstairs, significant storage or warehouse space awaits development. The property sits on a 0.11-acre lot, providing ample space for outdoor activities or expansion. This versatile building offers endless possibilities for entrepreneurs and investors alike, whether seeking to establish a new business or add a unique property to an existing portfolio. Its historical significance and central location make it a truly exceptional investment opportunity in a thriving community. The building's adaptable layout and substantial square footage provide flexibility for a wide range of commercial uses. Don't miss this chance to own a piece of Pelahatchie's history and future. The asking price is $150,000.
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.