539 Bonita Lakes Dr Meridian, MS 39301
This exceptional 6,550 square foot commercial property, located at 539 Bonita Lakes Drive in Meridian, Mississippi, presents a unique investment opportunity. Situated on a highly visible 1.84-acre corner lot at the entrance to the Uptown Meridian Mall (Bonita Lakes), this former O'Charley's Restaurant & Bar offers significant potential for a variety of businesses. The property boasts ample parking with 157 spaces, ensuring convenient access for customers. Its prime location within a thriving retail center guarantees high foot traffic and excellent visibility. The spacious layout provides flexibility for adaptive reuse, making it suitable for a wide range of commercial ventures. The asking price is $950,000. The property's address is 539 Bonita Lakes Drive, Meridian, MS 39301, and is located in Lauderdale County. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location with strong potential for return on investment. The property's size and location make it an ideal candidate for redevelopment or repurposing to suit a variety of business needs. The substantial parking area further enhances its appeal to potential tenants or owners. Don't miss this chance to secure a prime commercial property in a bustling retail environment.
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
Similar Nearby for Lease
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.