For Sale
$180,000

108 Central Ave Petal, MS 39465

Prime Petal location, 5200 sq ft, $180,000

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 5,200 square foot commercial property, located at 108 E Central Ave in Petal, Mississippi, presents a unique investment opportunity. Currently configured as a restaurant and bar, this versatile space offers numerous possibilities for various commercial uses. Situated on a 0.22-acre lot (APN: 3-030B-01-067.00), the property boasts a prime downtown Petal location, benefiting from the city's incentive programs designed to encourage redevelopment. Its strategic location offers excellent visibility and accessibility. The property's proximity to Interstate 59 (5.5 miles) ensures convenient access for customers and employees. Furthermore, its adjacency to Petal Middle School and its close proximity to Petal Upper Elementary (1.2 miles), Petal Primary School, Petal Elementary School, Petal High School, and the Petal High School Athletics Complex (3.5 miles) provides a strong potential customer base and a vibrant community atmosphere. The Petal School District consistently ranks as the number one public school district in the state, adding to the area's desirability. The asking price is $180,000, translating to a price per square foot of $34.62. This property is ideal for entrepreneurs seeking a thriving location with strong community ties and significant growth potential. The property's size and location make it suitable for a variety of businesses, offering a compelling investment opportunity in a rapidly developing area. The zip code is 39465.

Property Details for 108 Central Ave

Property type
Retail properties, Bars
Square Feet
5,200 SF
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Petal
County
Forrest
State
Mississippi
Latitude
31.3463959
Longitude
-89.2591453

FAQs

What type of property is this?
Retail property - Prime Petal location, 5200 sq ft, $180,000
Where is the retail property located?
The property is located at 108 Central Ave Petal, MS.
What is the asking price?
The asking price for this property is $180,000.
How can I contact the broker?
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108 Central Ave
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