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1052 Highway 48

Magnolia, MS 39652
  • $499,900
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 4047352
UPDATED: 6 min ago
$499,900
  • 0
    BEDS
  • 0.54
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 1,960
    SQFT
  • $255
    $/SQFT
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Description

Operating as PK's #2 convenience store for 11 years now, this commercial property does not lack the road frontage nor the traffic count. With road frontage in the North, South and East facing directions, traffic count is remarkably high and the neighboring local Pike County Schools help with this factor. Six fuel pumps with three- 3,000 gallon +/- fuel tanks are located under the 3 bay canopy as well as an air pump and an outside bathroom for customers located on the side of the store. This property has a HUNT BROTHERS pizza station as well as a full-service kitchen (currently MS Health Department Grade A) and fully equipped walk-in beer cooler. To make sure all these business operations are operating correctly, a full system audio and visual security/surveillance system is at hand at the store and is accessible from mobile device 24/7. The business opportunities are endless for this ''triangle mart'' and will only keep growing. Call your agent today and schedule your private showing for this exclusive business venture in Southwest Mississippi. (Fuel tanks, pumps and canopy are property of Buffalo Services Inc. of McComb)

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Information is deemed to be reliable but not guaranteed. Copyright 2023 MLS United, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Magnolia Coast Realty. Data last updated: 2023-06-05T19:58:03.143.
www.exitmcr.com/homes/139504745
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1052 Highway 48 Magnolia, MS 39652

  • Price: $499,900
  • Status: Active
  • On Site: 23 Days
  • Updated: 6 min ago
  • MLS #: 4047352
0
Beds
0
Baths
2
½ Baths
0.54
Acres
1,960
SQFT
$255
$/SQFT
1989
Built
County:
Pike
Area:
Magnolia
Property Description
Operating as PK's #2 convenience store for 11 years now, this commercial property does not lack the road frontage nor the traffic count. With road frontage in the North, South and East facing directions, traffic count is remarkably high and the neighboring local Pike County Schools help with this factor. Six fuel pumps with three- 3,000 gallon +/- fuel tanks are located under the 3 bay canopy as well as an air pump and an outside bathroom for customers located on the side of the store. This property has a HUNT BROTHERS pizza station as well as a full-service kitchen (currently MS Health Department Grade A) and fully equipped walk-in beer cooler. To make sure all these business operations are operating correctly, a full system audio and visual security/surveillance system is at hand at the store and is accessible from mobile device 24/7. The business opportunities are endless for this ''triangle mart'' and will only keep growing. Call your agent today and schedule your private showing for this exclusive business venture in Southwest Mississippi. (Fuel tanks, pumps and canopy are property of Buffalo Services Inc. of McComb)
Exterior Features

Construction Siding BrickSteel Siding Foundation Details Slab Levels One Parking Features Additional ParkingConcreteCoveredParking LotSide Entry Roof Flat Uncovered Parking 1-25 Spaces

Interior Features

Cooling Ceiling Fan(S)Central Air Flooring Linoleum Heating Central Lighting Fluorescent Number Of Restrooms 2 Walls Interior PanelingSheetrock

Property Features

Accessibility Features YN No Annual Electric Expense 11383 Annual Maintenance Expense 6419 Annual Management Expense 25724 Annual Net Income 49983.00 Annual Operating Expenses 8356.00 Annual Water Sewer Expense 2724 Auction No Business Included Yes Business Type CommercialConvenience StoreFood & BeverageGas StationPizza Commercial Features DumpsterEmployee RestroomsFuel Pump(S)Public Restroom(S)Rest RoomsSecurity SystemSmoke Detector(S)Telephone System Community Of N/A Current Use Commercial Expenses Include ElectricLicensesPayrollTaxesWater/Sewer Flood Insurance Subject To Survey Flood Insurance Required Subject To Survey Gross Operating Income 558331.00 Leasehold YN No Listing Terms CashConventionalSba Location CityUs Highway Lot Features Pie Shaped Lot New Construction No Possible Use CommercialConvenience StoreInvestment Price Includes All AppliancesAll EquipmentBuilding And LandBusinessBusiness And BuildingBusiness NameEquipmentInventory Property Sub Type Business Sewer Public Sewer Tax Annual Amount 1772.00 Tax Year 2022 Utilities Electricity ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public

Listing information © 2023 MLS United.
Listing provided courtesy of Cameron Smith of Betsy Smith Properties: (601) 757-2089.



Information is deemed to be reliable but not guaranteed. Copyright 2023 MLS United, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Magnolia Coast Realty. Data last updated: 2023-06-05T19:58:03.143.
 
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370 Courthouse Road Suite 104
Gulfport MS, 39507