501 46th Avenue

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501 46th Avenue

Meridian, MS 39307
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail convenience store property located in Meridian, Mississippi
  • Asset encompasses 1,500 square feet of total floor space
  • Strategically positioned near key regional transportation routes
  • Available for purchase as a commercial investment opportunity
  • Functional floor plan supports standard convenience store operations

What's Special

The 1,500 square foot retail property at 501 46th Avenue in Meridian, Mississippi, operates as a convenience store. Positioned within a key regional hub, the site benefits from proximity to major transportation corridors that support the local economy. Meridian serves as a vital junction for the surrounding area, fostering consistent activity and accessibility for businesses serving daily consumer needs. This facility is well-suited for an investor seeking a compact retail asset or an owner-operator looking to maintain an established commercial presence in the community. Its functional layout allows for efficient inventory management and customer turnover, typical for a neighborhood-focused convenience retail operation. The location remains accessible to the local population, providing essential goods and services to the residents of this established Mississippi market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times