203 Commerce St, Tupelo, MS 38804

5,669 SF | Retail Building | Tupelo, MS 38804 | $1,100,000 ($194/SF)

Date Added:
September 16, 2024
Days on Market:
7 days

Asking Price $1,100,000

Property Type
Retail, Restaurant
Square Feet
5,669 SF
Price / Square Foot
$194

Listing Contacts

Clay Short
Clay Short
Verified Profile
  • Property Info

Property Overview

Great turn-key restaurant (2,936 SF) and meeting/party venue (2,733 SF). Both buildings were renovated in 2017. The property has been home to the BBQ-by-Jim restaurant, which has been a staple and landmark Tupelo business for decades. The private parking lot offers 32 parking spaces, with overflow parking into several public parking areas. Downtown Tupelo is a pedestrian-friendly environment featuring design elements designed to encourage walking and bike traffic. Neighbors include professional office users of every kind, restaurants, and retailers; as well as several residential projects for owners and tenants.
Located in the Tupelo Central Business District across the street from the Cadence Arena and Conference Center, a nationally-recognized event venue which regularly accommodates 8,000 to 10,000 attendees for sporting events and concerts among other events. The property is visible from Main Street which is one of Tupelo's primary commercial corridors, and lies within .25 mile of US Hwy 45 providing N and S traffic throughout the State and beyond.

Property Details

Year Built/Renovated
1975/2019
Stories
1
Lot Size (sq. ft)
43,560 SF

Highlights

  • Downtown Tupelo is a pedestrian-friendly environment featuring design elements designed to encourage walking and bike traffic.

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