855 S State Street, Clarksdale, MS 38614

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

855 S State Street, Clarksdale, MS 38614

Clarksdale, MS 38614
Asking Price
$499K
Asset Type
Retail
Class
Class B

What's Special

855 S State Street is located along a primary north-south thoroughfare in Clarksdale, Mississippi. The property sits within a mixed-use corridor characterized by established local businesses, residential pockets, and regional service providers. The location offers direct accessibility via State Street, providing a connection to Highway 161 and the downtown historic district. Nearby amenities include various dining options, automotive services, and neighborhood retail centers, ensuring consistent local traffic and visibility for the site. The asset is suitable for a range of retail use cases, including specialty boutiques, convenience stores, or service-oriented businesses. Its roadside positioning and street-level frontage align with the needs of tenants requiring high visibility and ease of access for customers. Typical occupants may include regional franchises, independent retailers, or professional service firms looking to establish a presence within the Clarksdale market. The building’s layout supports flexible floor plans to accommodate diverse operational requirements.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

Location & Travel Times