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Property profile

700 Martin Luther King Blvd Amory, MS 38821

OFF-MARKET
Commercial real estate
Property ID
US50-0134475
0.55 ac lot
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Property summary

AI-generated overview

This exceptional commercial property presents a unique opportunity to acquire a thriving Amory business. Located on a highly visible corner lot, the 0.55-acre site boasts a well-established restaurant, "The Rib Shack," complete with all fixtures included in the sale. The building features a fully equipped commercial kitchen, ready for immediate operation. The interior includes a comfortable dining area with booths, a dedicated stage area perfect for live entertainment or events, a private office for administrative tasks, and a pleasant outdoor patio. Ample parking is provided by a large asphalt lot, ensuring convenient access for customers. The property also includes a commercial-grade grill, adding to the operational efficiency and capacity of the restaurant. This turnkey operation offers a significant advantage for a prospective buyer looking to enter the Amory market or expand their existing portfolio. The high visibility location and established clientele base make this a truly compelling investment opportunity. The sale includes all existing fixtures and equipment, allowing for a seamless transition and immediate commencement of operations. This is a rare chance to own a successful, established business in a desirable location. Don't miss this chance to own a piece of Amory's vibrant culinary scene.

Property profile

Verified
Property type Commercial real estate
Lot 0.55 ac (23,958 SF)
UPID US50-0134475

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

700 Martin Luther King Blvd Amory, MS 38821
Amory metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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