UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $124
MLS Listing ID 4111192
Half Baths 3
Year Built 1978
Annual Tax Amount $3,287
Lot Size 1.900 Acres
Acres 1.9
Property Sub-Type Business
Source MLS United
Property Description
Established in 1978 with only 4 owners, this iconic restaurant has built a strong reputation for mouthwatering steaks and farm-fresh catfish. With seating for 120 guests, it offers a comfortable dining experience backed by decades of loyal customers and community support.
The business is currently OPENED and operating 15 hours per week. Even with limited hours, it generates great income — and with extended hours, there's phenomenal growth potential. The current owners are not selling due to any business-related issues, but are simply ready to retire and spend more time with their grandchildren. They are also willing to ensure a smooth and easy transition for buyers who may wish to continue the current concept and operations with business never stopping.
While the restaurant is fully equipped and thriving, the property offers versatility for a variety of uses. With 1.90 acres and a spacious layout, buyers could easily reimagine the space into a different type of restaurant, event venue, retail space, or other business — the possibilities are endless.
Location
State MS
County Leake
Direction From Forest at I-20, go North on Highway 35. 17miles from Forest Take right on Sylvanus St. Turn left onto main st. Turn right onto Chadwick Ave. Property on the right. From Carthage at Highway 16, go South on Highway 35. 11 miles to Walnut Grove. Take left onto Main Street and then Left onto Chadwick Ave. Property on right.
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Ceramic Tile
Exterior
Parking Features Parking Lot, Gravel
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Natural Gas in Kitchen
Roof Type Architectural Shingles
Garage No
Building
Lot Description Cleared
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 13434aa19
