Investment Highlights
Downtown Tupelo is a pedestrian-friendly environment featuring design elements designed to encourage walking and bike traffic.
Executive Summary
Great turn-key restaurant (2,936 SF) and meeting/party venue (2,733 SF). Both buildings were renovated in 2017. The property has been home to the BBQ-by-Jim restaurant, which has been a staple and landmark Tupelo business for decades. The private parking lot offers 32 parking spaces, with overflow parking into several public parking areas. Downtown Tupelo is a pedestrian-friendly environment featuring design elements designed to encourage walking and bike traffic. Neighbors include professional office users of every kind, restaurants, and retailers; as well as several residential projects for owners and tenants. Located in the Tupelo Central Business District across the street from the Cadence Arena and Conference Center, a nationally-recognized event venue which regularly accommodates 8,000 to 10,000 attendees for sporting events and concerts among other events. The property is visible from Main Street which is one of Tupelo's primary commercial corridors, and lies within .25 mile of US Hwy 45 providing N and S traffic throughout the State and beyond.
