140 Ms-12, Kosciusko, MS 39090 (MLS# 4103356)

140 Ms-12, Kosciusko, MS 39090

$1,750,000

Virtual Tour

https://www.propertypanorama.com/140-Ms12-Kosciusko-MS-39090/unbranded

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

Overview

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/

Listing Details MLS# 4103356

General Property Information

Approx Lot Size Acres: 1.33
Approx H/C SqFt: 15000
SqFt Source: Public Records
List Price/SqFt: 116.67
Year Built: 1958
Year Built Source: Public Records
Total Floors: Yes
School District: Attala CO Dist
Accessibility Features: No
Property Sub Type: Retail
New Construction: No

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

Address and Location Information

Street Number: 140
Street Name: Ms-12
County: Attala
State: MS
Zip Code: 39090
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

Listing Information

Property Sub Type: Retail
Listing Service: Full Service

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

Commercial Features

Business Included: Yes
Number of Restrooms: 2
Traffic Count: 10000
220 Volt Power: Yes
Compressor(s): Yes
Delivery Door: Yes
Doors Over 20 Feet: Yes
Dumpster: Yes
Employee Lounge: Yes
Employee Restrooms: Yes
Fire Alarm: Yes
Fixtures: Yes
Maintenance Area: Yes
Public Restroom(s): Yes
Security System: Yes

More Information

Auction

Auction: No

Parking Features

Parking Total: 30
Additional Parking: Yes
Asphalt: Yes
Concrete: Yes
Off Street: Yes
On Site: Yes
Parking Lot: Yes
Paved: Yes

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No

Parking Spaces

# Parking Spaces Uncovered: 30

Location

City: Yes
Commercial Retail: Yes
Freestanding: Yes

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: Yes
Retail: Yes

Business Type

Appliances: Yes
Auto Repair-Specialty: Yes
Auto Service: Yes
Auto Tires: Yes
Mixed: Yes
Retail: Yes
Service Station/Repair: Yes

Lot Features

City Lot: Yes

Water Source

Public: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Phone Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Walls - Interior

Sheetrock: Yes
Other: Yes

Flooring

Combination: Yes
Concrete: Yes
Vinyl: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Foundation Details

Slab: Yes

Sale Options

Will Not Divide: Yes

Roof

Metal: Yes

Lighting

Fluorescent: Yes
Incandescent: Yes
Security: Yes

Price Includes

All Appliances: Yes
All Equipment: Yes
All Furnishings: Yes
Building and Land: Yes
Business: Yes
Business and Building: Yes
Business Name: Yes
Equipment: Yes
Franchise Rights: Yes
Inventory: Yes
Seller Will Train: Yes

Available Documents

Cash Flow Analysis: Yes
Profit & Loss Statement: Yes
Tax Info: Yes
Traffic Count: Yes

Additional Transportation

City Street: Yes

Approx Age Code

Older 25+ Years: Yes

Uncovered Parking?

26-50 Spaces: Yes

Listing Office: Britt Barnes Realty Group

Listing Agent: Shawn Hoffman

Last Updated: August - 19 - 2025