112 Franklin St Corinth, MS 38834
This offering presents two exceptional commercial properties in downtown Corinth, Mississippi. The first, located at 112 Franklin Street, is a 3,300 square foot restaurant currently operating at 100% occupancy under a gross lease with one year remaining. This two-story, 1901-built building (renovated in 2012) sits on a 0.15-acre lot and features a spacious dining area, large kitchen, HVAC system, and ample storage. Its prime location ensures high visibility and consistent customer traffic. The second property, situated at 602 Wick Street (details not provided in this listing), offers versatile retail space ideal for various business types. Both properties are part of a multi-unit tenancy and represent a compelling investment opportunity in a thriving downtown area. The asking price for the 112 Franklin Street property is $325,000, reflecting a price per square foot of $98.48. The properties benefit from convenient on-street parking and nearby public lots. This is a rare chance to acquire established, income-producing commercial real estate in a desirable Mississippi location. The properties are currently occupied, offering immediate return on investment. The sale is offered as a For Sale By Owner transaction.
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Take It or Leave It Restaurant
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.