2243 Highway 25 - Restaurant FOR SALE


Iuka, MS 38852
$260,000 USD
202-680-0930
2243 Highway 25, Iuka, MS for Sale
$260,000 USD
Restaurant - FOR SALE
1/1
null | 8.31% Cap Rate

2243 Highway 25
Iuka, MS 38852


HIGHLIGHTS

  • Heavy traffic in main downtown area
  • Stable customer base
  • Long-term tenant occupied investment

OVERVIEW

Income producing property with long term tenant. Same tenant for 15+ years as Chinese restaurant with established client base. This building has 1686sf with full kitchen, large dining area, service counter, drive-through window, and restrooms. Parking is available in front and on the side of the building with drive around. Located in prime area of Iuka.

FOR SALE DETAILS

PRICE

$260,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

8.31%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Income-Producing Restaurant Long-Term Tenant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

Commercial

APN/PARCEL ID

3-1006-08-24-007.03

ASK ABOUT THIS PROPERTY

Sarah HoingTM RealtorsMore Info
202-680-0930

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Sarah HoingTM RealtorsMore Info
202-680-0930

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.