5020 Poplar Springs Dr Meridian, MS 39305
- Specialty properties
Current Use by Public Records
- New's Restaurant / American Restaurant
- Sports Page / Bar & Grill
Property Details for 5020 Poplar Springs Dr
- Property type
- Specialty properties
Description
This exceptional opportunity presents the chance to acquire a well-established restaurant located at 5020 Poplar Springs Drive, Meridian, Mississippi, 39305. Priced at $269,000, this special purpose property boasts a rich history as a beloved neighborhood institution for over 75 years, operating successfully as NEWS Restaurant and Sport Bar. The current owners have meticulously maintained and updated the property, ensuring its continued success. A significant recent investment includes a brand new condensing unit for the walk-in cooler, demonstrating a commitment to operational efficiency. The sale includes nearly all existing equipment, allowing for a seamless transition and immediate commencement of operations. Buyers will inherit a turnkey business, eliminating the need for extensive start-up costs and allowing them to focus on building upon the existing strong foundation. This is a rare chance to acquire a profitable, established business with a loyal customer base in a desirable Meridian location. The property is situated in a historic neighborhood, benefiting from high visibility and foot traffic. This is an ideal opportunity for an experienced restaurateur or a savvy investor seeking a proven, profitable business venture. Don't miss this chance to own a piece of Meridian's culinary history.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Lauderdale
- State
- Mississippi
- Longitude
- -88.7026
- Latitude
- 32.413
