140 Ms-12, Kosciusko, MS 39090 (MLS# 4103356)
140 Ms-12, Kosciusko, MS 39090
$1,750,000
Property Type:
Commercial Sale
Square Footage:
15,000
Lot Size (sq. ft.):
57,935
Status:
Active
Current Price:
$1,750,000
List Date:
2/08/2025
Last Modified:
8/19/2025
Description
This business model presents an exceptional opportunity for the next generation to uphold the vital products and services that have been a staple in the Kosciusko and surrounding areas for more than 60 years. It has a great return on investment. Some of the products and services Spot Cash offers its clientele are: Major appliances, generators, lawn and garden equipment, outdoor grills, as well as automotive repair and service, tires, brakes, alignments just to name a few. Since the 1960's this business model has provided a diversified revenue stream that has allowed it to withstand the ''hard times''. I'm sure you remember or have heard of the Carter Administration in the late 1970's when inflation was close to 20%, or the ''Black Monday'' stock market crash in 1987, the Dot-Com bubble in 1999, the financial crisis in 2008, Covid 2020, and the rampant inflation we are now experiencing. This business never checked up. The credit goes to the owners and their ability to come up with a business model which will stand the test of time. Now you have the opportunity to take over the operation and continue to serve this wonderful community and make a great living at the same time. Qualified buyers should contact their real estate agent to obtain more specific financial information on this business so you can see the above average performance of this wonderful opportunity. You can check out the business at their website
https://www.spotcashtireandappliance.com/
More Information MLS# 4103356
Address and Location Information
Nearest Cross Street: MS-35 and MS-12
Parcel Number: 1305-163-D-0007000
Directions to Property: From the intersection of MS-35N and MS-12 W go west on MS-12 and the property will be located on your right, next to McDonalds.
Community Of: N/A
Street Number: 140
Street Name: Ms-12
County: Attala
State: MS
Zip Code: 39090
Location
City: 1
Commercial Retail: 1
Freestanding: 1
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2025-02-08
List Price: $1,750,000
Current Price: $1,750,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Approx Lot Size Acres: 1.33
SqFt Source: Public Records
List Price/SqFt: 116.67
Year Built Source: Public Records
Total Floors: 1
School District: Attala CO Dist
Accessibility Features: No
Approx H/C SqFt: 15000
Year Built: 1958
Tax and Financial Information
Tax Annual Amount: 8498
Tax Year: 2024
Flood Insurance Required?: No
Leasehold Y/N: Yes
Leasehold Fee: 5000
16th Section: Yes
Leasehold Fee Increase: No
Sold In Previous 12 Months: No
Legal Description: PT LOT 1 2 4 & 5 BLK I 16 SEC LAND
Remarks & Miscellaneous
Public Remarks: This business model presents an exceptional opportunity for the next generation to uphold the vital products and services that have been a staple in the Kosciusko and surrounding areas for more than 60 years. It has a great return on investment. Some of the products and services Spot Cash offers its clientele are: Major appliances, generators, lawn and garden equipment, outdoor grills, as well as automotive repair and service, tires, brakes, alignments just to name a few. Since the 1960's this business model has provided a diversified revenue stream that has allowed it to withstand the ''hard times''. I'm sure you remember or have heard of the Carter Administration in the late 1970's when inflation was close to 20%, or the ''Black Monday'' stock market crash in 1987, the Dot-Com bubble in 1999, the financial crisis in 2008, Covid 2020, and the rampant inflation we are now experiencing. This business never checked up. The credit goes to the owners and their ability to come up with a business model which will stand the test of time. Now you have the opportunity to take over the operation and continue to serve this wonderful community and make a great living at the same time. Qualified buyers should contact their real estate agent to obtain more specific financial information on this business so you can see the above average performance of this wonderful opportunity. You can check out the business at their website
https://www.spotcashtireandappliance.com/
Current Use
Automotive: 1
Retail: 1
Business Type
Appliances: 1
Auto Repair-Specialty: 1
Auto Service: 1
Auto Tires: 1
Mixed: 1
Retail: 1
Service Station/Repair: 1
Lot Features
City Lot: 1
Commercial Features
220 Volt Power: 1
Compressor(s): 1
Delivery Door: 1
Doors Over 20 Feet: 1
Dumpster: 1
Employee Lounge: 1
Employee Restrooms: 1
Fire Alarm: 1
Fixtures: 1
Maintenance Area: 1
Public Restroom(s): 1
Security System: 1
Business Included: Yes
Number of Restrooms: 2
Traffic Count: 10000
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Showing Requirements
Showing: Appointment Required
Utilities
Cable Connected: 1
Electricity Connected: 1
Phone Connected: 1
Sewer Connected: 1
Water Connected: 1
Walls - Interior
Sheetrock: 1
Other: 1
Flooring
Combination: 1
Concrete: 1
Vinyl: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Sale Options
Will Not Divide: 1
Auction
Auction: No
Roof
Metal: 1
Parking Features
Parking Total: 30
Additional Parking: 1
Asphalt: 1
Concrete: 1
Off Street: 1
On Site: 1
Parking Lot: 1
Paved: 1
Lighting
Fluorescent: 1
Incandescent: 1
Security: 1
Basement Features
Basement: No
Price Includes
All Appliances: 1
All Equipment: 1
All Furnishings: 1
Building and Land: 1
Business: 1
Business and Building: 1
Business Name: 1
Equipment: 1
Franchise Rights: 1
Inventory: 1
Seller Will Train: 1
Available Documents
Cash Flow Analysis: 1
Profit & Loss Statement: 1
Tax Info: 1
Traffic Count: 1
Additional Transportation
City Street: 1
Approx Age Code
Older 25+ Years: 1
Parking Spaces
# Parking Spaces Uncovered: 30
Uncovered Parking?
26-50 Spaces: 1
Property Features
Business Type: Appliances; Auto Repair-Specialty; Auto Service; Auto Tires; Mixed; Retail; Service Station/Repair
Current Use: Automotive; Retail
Commercial Features: 220 Volt Power; Compressor(s); Delivery Door; Doors Over 20 Feet; Dumpster; Employee Lounge; Employee Restrooms; Fire Alarm; Fixtures; Maintenance Area; Public Restroom(s); Security System
Lot Features: City Lot
Location: Commercial Retail; Freestanding
Walls - Interior: Sheetrock; Other
Lighting: Fluorescent; Incandescent; Security
Flooring: Combination; Concrete; Vinyl
Cooling: Central Air
Heating: Central
Utilities: Cable Connected; Electricity Connected; Phone Connected; Sewer Connected; Water Connected
Water Source: Public
Foundation Details: Slab
Listing Terms: 1031 Exchange; Cash; Conventional
Sale Options: Will Not Divide
Roof: Metal
Parking Features: Additional Parking; Asphalt; Concrete; Off Street; On Site; Parking Lot; Paved
Additional Transportation: City Street
Price Includes: All Appliances; All Equipment; All Furnishings; Building and Land; Business; Business and Building; Business Name; Equipment; Franchise Rights; Inventory; Seller Will Train
Available Documents: Cash Flow Analysis; Profit & Loss Statement; Tax Info; Traffic Count
Approx Age Code: Older 25+ Years
Listing Office:
Britt Barnes Realty Group
Listing Agent:
Shawn Hoffman
Last Updated: August - 19 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.