618 Gloster St Tupelo, MS 38804-1945
- Super regional malls
- 12,600 SF
Jul 25, 2023
Current Use by Public Records
- Discount wine and spirits / Liquor Store
Property Details for 618 Gloster St
- Year built
- 1958
- Property size
- 12,600 SF
- Property type
- Super regional malls
- APN
- 089E-30-157-00
- APU
- 089E3015700
Description
This exceptional commercial property, located at 618 N Gloster St. in Tupelo, MS, presents a lucrative investment opportunity. The 1-acre shopping center boasts nine diverse income streams, providing a stable and predictable cash flow for the owner. Its prime location on N Gloster Street offers unparalleled visibility and accessibility, with 267 feet of road frontage and a high daily traffic count of 23,000 vehicles. This ensures maximum exposure for all tenants, attracting a substantial customer base. The property's strategic positioning within Tupelo's premier commercial corridor guarantees strong tenant occupancy and consistent rental income. This is an ideal acquisition for investors seeking a diversified, high-return commercial real estate investment in a thriving Mississippi market. The property is offered at $1,100,000. Detailed financial information and tenant lease agreements are available upon request. This is a rare opportunity to acquire a well-established, income-producing commercial center in a high-demand location. Don't miss out on this chance to add a significant asset to your investment portfolio. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tupelo
- County
- Lee
- State
- Mississippi
- Longitude
- -88.7153
- Latitude
- 34.2656
- CBSA code
- 46180
- CBSA name
- TUPELO, MS MICROPOLITAN STATISTICAL AREA