400 Highway 61 Foote, MS 38731

Property Details for 400 Highway 61

Property size

10,900 SF

Property type

Retail properties

Description

This exceptional 10,900 square foot retail property, located at 400 Highway 61 North in Merigold, Mississippi (zip code 38731), presents a lucrative investment opportunity. Situated less than a quarter mile from the high-traffic intersection of Highways 61 and 8 in nearby Cleveland, MS, this building boasts excellent visibility and accessibility for potential tenants. Currently, two of the three suites are occupied by established and successful restaurant and retail businesses, providing a stable income stream. The property features ample parking, with approximately 20,000 square feet of concrete paving ensuring convenient customer access. The asking price for this prime retail center is $1,000,000. This property offers a blend of existing tenancy and significant potential for future growth, making it an attractive investment in a dynamic Mississippi market. The property's location near the intersection of two major highways guarantees high traffic volume and significant exposure to potential customers, making it an ideal location for a variety of retail businesses. The substantial parking area further enhances the property's appeal to both tenants and customers. This is a rare opportunity to acquire a well-located, income-producing retail property in a growing area.

Location Insight

City

Foote

County

Bolivar

State

Mississippi

Longitude

-91.0443

Latitude

33.0802