For Sale
$1,000,000

400 Highway 61 Foote, MS 38731

High-traffic retail space in MS

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 10,900 square foot retail property, located at 400 Highway 61 North in Merigold, Mississippi (zip code 38731), presents a lucrative investment opportunity. Situated less than a quarter mile from the high-traffic intersection of Highways 61 and 8 in nearby Cleveland, MS, this building boasts excellent visibility and accessibility for potential tenants. Currently, two of the three suites are occupied by established and successful restaurant and retail businesses, providing a stable income stream. The property features ample parking, with approximately 20,000 square feet of concrete paving ensuring convenient customer access. The asking price for this prime retail center is $1,000,000. This property offers a blend of existing tenancy and significant potential for future growth, making it an attractive investment in a dynamic Mississippi market. The property's location near the intersection of two major highways guarantees high traffic volume and significant exposure to potential customers, making it an ideal location for a variety of retail businesses. The substantial parking area further enhances the property's appeal to both tenants and customers. This is a rare opportunity to acquire a well-located, income-producing retail property in a growing area.

Highlights

  • 10,900 SF retail property at 400 Highway 61 N, Merigold, MS 38731.
  • High-traffic location, less than 0.25 miles from Highways 61 & 8 intersection in Cleveland, MS.
  • Two of three suites currently occupied by established businesses, providing stable income.
  • Ample parking: approx. 20,000 SF of concrete paving.
  • Asking price: $1,000,000.

Property Details for 400 Highway 61

Property type
Retail properties
Square Feet
10,900 SF

Location Insight

City
Foote
County
Bolivar
State
Mississippi
Latitude
33.0801752
Longitude
-91.0442502

FAQs

What type of property is this?
Retail property - High-traffic retail space in MS
Where is the retail property located?
The property is located at 400 Highway 61 Foote, MS.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 10,900 SF retail property at 400 Highway 61 N, Merigold, MS 38731.; High-traffic location, less than 0.25 miles from Highways 61 & 8 intersection in Cleveland, MS.; Two of three suites currently occupied by established businesses, providing stable income.
How can I contact the broker?
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400 Highway 61
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