112 Elizabeth StPicayune, MS 39466

  • Retail properties
  • 4,976 SF
For Sale
$729,000 View listing

Property Details for 112 Elizabeth St

Year built
1987
Lot size
12.90 AC
Property size (Sq ft)
4,976 SF
Property type
Retail properties
Property subtype
Retail space
APN
6175150010504401
APU
6175150010504401

Description

This exceptional 5,043 square foot commercial property located at 112 Elizabeth Street in Picayune, Mississippi, presents a unique investment opportunity. Situated in a high-traffic area just steps from downtown, this turnkey restaurant and entertainment venue is being offered for sale due to the owner's retirement. The property boasts a fully functional kitchen equipped with high-end commercial appliances including a triple-door cooler, double-door freezer, ice machine, two commercial gas fryers, a 48-inch gas griddle, a newly updated 6-foot overhead hood vent, stainless steel refrigerated and sandwich prep tables, a triple sink, and two 3-compartment hot/cold wells. The spacious layout comfortably seats up to 100 guests, making it ideal for live music, parties, and private events. Adding to its appeal are four double axe throwing lanes, enhancing the entertainment options. The building also features a convenient roll-top garage door at the rear for easy deliveries, two public restrooms, and one employee restroom. Technological amenities include a 72-inch TV and two 50-inch TVs. Further revenue streams are generated through shared profit agreements with an amusement company for various games including a jukebox, two pool tables, a punching machine, an ATM, a claw machine, and a pinball machine. The property sits on a 0.11-acre lot and is priced at $729,000. This established business offers immediate positive revenue and significant daily cash flow, representing a compelling investment opportunity for a discerning buyer.

112 Elizabeth St, Picayune, Mississippi

Location Insight

City
Picayune
County
Pearl River
State
Mississippi
Latitude
30.5258
Longitude
-89.6815
CBSA code
38100
CBSA name
PICAYUNE, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,371
-
-
$20,301
-
$20,000
$115,340
$135,340

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