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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.