794 E Main St

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794 E Main St

Tupelo, MS 38804
Asking Price
$900K
Asset Type
Pharmacy/Drug Mixed-use
Class
Class B

AI Property Summary

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

  • Located at 794 E Main St in Tupelo, Mississippi
  • Mixed-use property featuring a pharmacy and drug store sub-type
  • Spans 5,800 square feet of retail-oriented space
  • Offered for sale at an asking price of $899,900
  • Situated along a prominent commercial corridor in the region

What's Special

Tupelo serves as a vital economic hub for Northeast Mississippi, providing a robust commercial base supported by regional manufacturing and retail trade. Positioned along the highly active East Main Street corridor, this 5,800-square-foot mixed-use property occupies a strategic footprint within the city's primary retail artery. The site currently operates with a pharmacy and drug store focus, making it well-suited for businesses requiring high visibility and consistent consumer traffic. Prospective investors or owner-occupants will find the layout adaptable for various retail or specialized commercial applications. The location benefits from steady accessibility, integrating seamlessly into the local business landscape. Given its prime placement in a growing market, the facility presents a functional space for enterprises looking to establish or expand their footprint in this essential regional center. Its configuration allows for flexible interior arrangements to accommodate specific operational needs.

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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.214
Annual Cash Flow
$26,573.43

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