16091 City N Ave Ripley, MS 38663
This exceptional commercial property, located at 16091 N City in Ripley, MS, presents a unique business opportunity. Priced at $220,000, this 0.15-acre lot features a fully furnished restaurant ready for immediate operation. Previously used as a restaurant, the building boasts a charming cabin/country aesthetic and is situated in a prime Ripley location. The property includes ample paved and striped parking for customer convenience. The sale includes all existing furniture and equipment, allowing for a seamless transition for a new owner. This comprehensive inventory includes seating for 80-100 guests (tables and chairs), two ovens, a stove, two fryers, three freezers, an ice machine, a grill, a prep table with an attached refrigerator, a four-door refrigerator, a stand-up refrigerator, and a fully equipped bar area. The spacious interior offers a variety of seating options, including booths and tables, catering to diverse customer needs. A dedicated party room is also available for private events, adding versatility to the property's potential uses. This turnkey operation eliminates the need for extensive setup and allows for immediate revenue generation. The property's location and existing infrastructure make it an ideal investment for an experienced restaurateur or a new entrepreneur seeking a ready-made business. Don't miss this chance to own a thriving establishment in the heart of Ripley.
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
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.