613 S 22ND Ave South

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613 S 22ND Ave South

Meridian, MS 39301
Asking Price
$625K
Asset Type
Convenience Store Retail
Class
Class B

AI Property Summary

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

  • Retail property measuring 2,404 square feet for sale
  • Located on 22nd Avenue in Meridian, Mississippi
  • Available for purchase at an asking price of $625,000
  • Current asset configuration functions as a convenience store
  • Property situated in a key regional commercial hub

What's Special

Operating a convenience store is a viable use for this 2,404-square-foot retail asset located at 613 S 22ND Ave South in Meridian, Mississippi. The property is positioned within a established commercial corridor of the city, which serves as a regional hub for transportation and commerce in East Mississippi. The surrounding area supports various retail and service-oriented businesses, benefiting from the steady flow of local traffic. Given the interior layout and street-front access, the facility is well-suited for businesses requiring high accessibility and visibility to customers. Investors and business owners will find this location provides a functional footprint for retail operations looking to capitalize on its presence in the Meridian market.

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NOI
$80,000
Cap Rate
12.80%
DSCR
2.16
Strong
Cash-on-Cash
22.88%
Monthly Payment
$3,092.159
Annual Cash Flow
$42,894.092

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