517 Northside Drive

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517 Northside Drive

Newton, MS 39345
Asking Price
Contact for price
Asset Type
Auto Shop Retail
Class
Class B

AI Property Summary

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

  • Retail auto shop asset currently available for purchase in Newton.
  • The building features 4,000 square feet of total interior space.
  • Property is located at 517 Northside Drive within Newton, Mississippi.
  • Configuration is suitable for automotive repair or service-based business use.
  • The site provides functional space for local service and maintenance operators.

What's Special

This retail asset is currently available for sale in Newton, Mississippi. Spanning 4,000 square feet, the property is specifically configured as an auto shop, providing a functional layout for mechanics, automotive service providers, or specialized equipment repair businesses. Its positioning at 517 Northside Drive places the facility within a key commercial corridor of Newton, offering straightforward access for local clientele and service vehicles operating in the region. The surrounding area maintains a steady demand for essential automotive maintenance services, making this a practical acquisition for an owner-operator seeking to establish a business or an investor looking to capture consistent demand in a suburban market. With its defined layout, the site is prepared for immediate transition into automotive operations, allowing for operational efficiency and service delivery within this Mississippi submarket.

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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