1243 Nelle StTupelo, MS 38801

Property Details for 1243 Nelle St

Year built

1972

Property size (Sq ft)

6,000 SF

Property type

Warehouses

APN

077M-36-147-00

APU

077M3614700

Description

This 6,000-square-foot retail building in Tupelo, Mississippi, is available for $265,000. Located on Nelle Street, a high-traffic commercial area near West Main Street, this single-story building sits on a 0.6-acre lot (APN: 077M-36-147-00) and features a fully heated and cooled, free-span corrugated metal structure. The building boasts front, side, and rear entry points, including a roll-up ground-level door. Currently configured as a church, the interior includes an entry foyer, two to four offices, two restrooms, five additional offices or classrooms, a large open gathering area, a fellowship hall, and a kitchen. The adaptable layout allows for easy reconfiguration to suit various uses. Ample parking is provided by 4,000 square feet of paved parking in front, with additional access and land in the rear for potential expansion or storage. The property is zoned MUE and was renovated in 2023. This turnkey opportunity presents a strong investment potential in a prime Tupelo location. The building's size, location, and recent renovations make it an attractive option for a variety of commercial ventures. The NNN lease structure offers a straightforward ownership model.

• Alternative Use

  Use

  Valuation

  Residential

  $1,085,987

  Hospitality

  $994,758

  Educational

  $827,627

  Medical

  $856,090

  Retail

  $1,287,420

Location Insight

City

Tupelo

County

Lee

State

Mississippi

Latitude

34.2582

Longitude

-88.7267

CBSA code

46180

CBSA name

TUPELO, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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