127 N Magnolia Dr Wiggins, MS 39577
For Sale
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This exceptional opportunity presents the chance to acquire a well-established restaurant in the heart of Wiggins, Mississippi's historic downtown district. The Whistle Stop Cafe, a beloved local institution for over two decades, boasts 2,342 square feet of space situated on a 0.19-acre lot. The main dining area is bright and inviting, featuring large windows that flood the space with natural light and charming checkered tablecloths. A unique custom mural adds to the restaurant's character. The fully equipped kitchen is ready for immediate operation, including grills, griddles, fryers, coolers, freezers, and ice makers – all included in the sale. Dining furniture is also part of the sale. Beyond the indoor seating, an outdoor patio provides additional space for guests to enjoy. Priced at $350,000, this property offers significant potential for both continuing the existing successful restaurant operation or adapting the space to a new culinary concept. The property's prime location and established reputation within the Stone County community make this a truly unique investment opportunity. This is a chance to own a piece of Wiggins history and build upon a legacy of success. The sale includes all kitchen equipment and dining furniture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.