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Property profile & analytics
OFF-MARKET
Retail space

3508 Hwy 371st N Mantachie, MS 38855-8654

2,916 SF 0.2 ac lot Built 1960
Individually Owned 17-yr Hold Free & Clear
Property ID
US50-1256100
Property summary
AI-generated overview

This 0.24-acre commercial property located at 3508 N Hwy 371 in Mantachie, MS, presents a unique investment opportunity. Priced at $179,000, the building boasts a flexible layout suitable for a variety of businesses. Previously utilized as a bakery and restaurant, its adaptable design allows for diverse uses. The property features a large open area perfect for retail or dining, complemented by a separate entrance offering potential for two distinct businesses operating simultaneously. A well-equipped kitchen is included, along with three restrooms and a dedicated office space. A smaller, additional room provides extra versatility. The property's history as both a bakery and restaurant highlights its suitability for food-related businesses, but its adaptable design makes it suitable for a wide range of commercial ventures. Some equipment is included in the sale, adding further value to this promising investment. The information provided is believed to be accurate, but is not warranted. This property offers a compelling opportunity for entrepreneurs and investors seeking a versatile commercial space in a convenient location. The building's size is not specified, but its multiple rooms and adaptable layout make it an attractive option for a variety of commercial uses. The separate entrance adds to the property's flexibility, allowing for independent operations within the same building. The inclusion of some equipment further enhances the value proposition for prospective buyers.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 2,916 SF
Lot 0.2 ac (8,712 SF)
APN 083-8008-030.00
UPID US50-1256100
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Dan E Walton · 17 yrs held
Dan E Walton
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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