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    OFF-MARKET
    Commercial real estate

    18356 Us-61, Lyon, MS 38645

    6,000 SF 4.69 ac lot Built 2001
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6,000 square foot commercial property in Lyon, MS, boasts a fully operational bar and grill, "Red, White, and Brew," situated on 4.69 acres along Highway 61, just six miles from Clarksdale's Crossroads. The property includes living quarters with two bedrooms and one bath, a large shop and commercial kitchen, a storeroom, an above-ground pool with a pool house (easily converted into additional living space), four carports, three outdoor patios, and a storage shed. The bar and grill area features seating for 78, with a capacity for up to 200, and includes a comprehensive bar setup with multiple refrigerators, freezers, a 550-gallon ice maker, and a security camera system. The kitchen is equipped with two freezers, two refrigerators, a 550-gallon ice maker, stainless steel sink, grill, fryer, and vent hood. The property also benefits from a resort status that transfers to the new owner. This versatile property presents unlimited potential as a restaurant, bar, venue, lodging, Airbnb, or any other commercial venture. The existing infrastructure, including ample heated and cooled space, provides a solid foundation for immediate operation or extensive renovation. The property's prime Highway 61 location ensures high visibility and accessibility.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2001
    Total area 6,000 SF
    Lot 4.69 ac (204,296 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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