1331 Sunset Drive, Grenada, MS 38901 (MLS# 4127530)
1331 Sunset Drive, Grenada, MS 38901
$1,300,000
Property Type:
Commercial Sale
Square Footage:
1,728
Lot Size (sq. ft.):
93,654
Status:
Active
Current Price:
$1,300,000
List Date:
10/03/2025
Last Modified:
10/03/2025
Description
Located on the heavily trafficked Sunset Drive in Grenada, this large commercial corner lot is over two acres and is just one mile east of I-55. The property is zoned B-3, Heavy Commercial, allowing endless business opportunities. With over 300 feet of frontage on Sunset Drive and nearly as much on Jefferson Trail, there's plenty of room for multiple businesses. It's home to a freestanding 1728 square foot building that's currently leased to Yamato Steak House of Japan. The existing building is currently leased for $2,500 monthly with the tenant paying all expenses. The lease is for the building only and excludes the parking area.
The lot has over an acre of concrete with three separate entrances and a daily traffic count of 23,000. A row of trees spans the back of the property, providing a solid buffer from the adjoining neighbor. An older brick building was previously on the property, but it's been completely removed, and the site is ready and waiting for new commercial construction. High traffic corner property & prime location!
More Information MLS# 4127530
Address and Location Information
Nearest Cross Street: Jefferson Trail
Parcel Number: 096w-13-311.00
Directions to Property: From I-55, take the Grenada exit and head east onto Sunset Drive. In about a mile, the property will be on the right.
Community Of: N/A
Street Number: 1331
Street Name: Sunset
Street Suffix: Drive
County: Grenada
State: MS
Zip Code: 38901
Location
City: 1
City Street: 1
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2025-10-02
List Price: $1,300,000
Current Price: $1,300,000
Property Sub Type: Business
General Property Information
Property Sub Type: Business
New Construction: No
Approx Lot Size Acres: 2.15
SqFt Source: Assessor
List Price/SqFt: 752.31
Divisible: Yes
Year Built Source: Assessor
Total Floors: 1
School District: Grenada Dist
Accessibility Features: No
Approx H/C SqFt: 1728
Year Built: 1979
Tax and Financial Information
Tax Annual Amount: 3833
Tax Year: 2024
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: Pt N1/2 Nw1/4 Ne1/4 13 22 4 Unplatted Panchos & Yamato St Orlea 280. 54 1 001.01
Remarks & Miscellaneous
Public Remarks: Located on the heavily trafficked Sunset Drive in Grenada, this large commercial corner lot is over two acres and is just one mile east of I-55. The property is zoned B-3, Heavy Commercial, allowing endless business opportunities. With over 300 feet of frontage on Sunset Drive and nearly as much on Jefferson Trail, there's plenty of room for multiple businesses. It's home to a freestanding 1728 square foot building that's currently leased to Yamato Steak House of Japan. The existing building is currently leased for $2,500 monthly with the tenant paying all expenses. The lease is for the building only and excludes the parking area.
The lot has over an acre of concrete with three separate entrances and a daily traffic count of 23,000. A row of trees spans the back of the property, providing a solid buffer from the adjoining neighbor. An older brick building was previously on the property, but it's been completely removed, and the site is ready and waiting for new commercial construction. High traffic corner property & prime location!
Current Use
Commercial: 1
Possible Use
Bar/Tavern/Lounge: 1
Barber/Beauty: 1
Commercial: 1
Convenience Store: 1
Fast Food: 1
Food Service: 1
Highway/Tourist Service: 1
Hotel/Motel: 1
Investment: 1
Medical/Dental: 1
Mini Storage: 1
Office: 1
Restaurant: 1
Retail: 1
Truck Stop: 1
Business Type
Restaurant: 1
Lot Features
City Lot: 1
Corner Lot: 1
Level: 1
Levels
One: 1
Sewer
Public Sewer: 1
Commercial Features
220 Volt Power: 1
Rest Rooms: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Showing Requirements
Showing: Show Any Time
Utilities
Electricity Connected: 1
Phone Connected: 1
Water Connected: 1
Electricity Features
220 Volts: 1
Three Phase: 1
Walls - Interior
Sheetrock: 1
Flooring
Concrete: 1
Cooling
220 Volts: 1
Central Air: 1
Electric: 1
Heating
Central: 1
Foundation Details
Slab: 1
Auction
Auction: No
Exterior Construction/Siding
Brick: 1
Roof
Rolled/Hot Mop: 1
Driveway Features
Concrete Drive: 1
Parking Features
Concrete: 1
Basement Features
Basement: No
Price Includes
Building and Land: 1
Available Documents
Land Survey: 1
Property Features
Business Type: Restaurant
Current Use: Commercial
Possible Use: Bar/Tavern/Lounge; Barber/Beauty; Commercial; Convenience Store; Fast Food; Food Service; Highway/Tourist Service; Hotel/Motel; Investment; Medical/Dental; Mini Storage; Office; Restaurant; Retail; Truck Stop
Commercial Features: 220 Volt Power; Rest Rooms
Electricity Features: 220 Volts; Three Phase
Lot Features: City Lot; Corner Lot; Level
Location: City Street
Levels: One
Walls - Interior: Sheetrock
Flooring: Concrete
Cooling: 220 Volts; Central Air
Heating: Central
Utilities: Electricity Connected; Phone Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: 1031 Exchange; Cash; Conventional
Roof: Rolled/Hot Mop
Driveway Features: Concrete Drive
Parking Features: Concrete
Price Includes: Building and Land
Available Documents: Land Survey
Listing Office:
Landhawk Realty, Llc
Listing Agent:
Molly M Hawkins
Last Updated: October - 03 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.