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Property profile & analytics
OFF-MARKET
Specialty properties

108 Commerce St Ripley, MS 38663

5,746 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 108 S Commerce in Ripley, Mississippi, 38663, presents a unique investment opportunity. The almost 6,000 square foot building, situated on a 4,791 square foot lot, boasts a rich history, dating back to 1916. Substantially updated and remodeled in 2006, this two-story structure currently operates as a fully equipped, turn-key restaurant, just off the town square. The interior features two main floor restrooms, a striking ornate staircase with wrought iron railings, and attractive exposed brick walls, adding to its character and charm. A fully functional kitchen is included, complete with an Ansel system, hoods, small wares, tables, chairs, and a walk-in cooler. All equipment is included in the sale price of $399,900. The property is classified as Special Purpose Land and offers significant potential for various commercial uses. While the information provided is believed to be accurate, it is not guaranteed. This is a rare opportunity to acquire a piece of Ripley's history and establish a thriving business. The property's prime location and existing infrastructure make it an attractive investment for discerning buyers. The building's size and layout offer flexibility for a variety of commercial ventures.

Property profile
Verified
Property type Specialty properties
Total area 5,746 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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