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597 Hwy 98, Kokomo, MS 39643 (MLS# 4126653)

597 Hwy 98, Kokomo, MS 39643

$799,500
Property Type: Commercial Sale Square Footage: 6,800 Lot Size (sq. ft.): 248,292 Status: Active
Current Price: $799,500 List Date: 9/24/2025 Last Modified: 9/25/2025

Description

A rare opportunity to own a fully equipped, 6,800 sq ft seafood restaurant sitting on 5.7 acres with over 18 years of successful operation on a high-traffic US Highway 98. This well-known local favorite offers seating for 300+ guests, supported by a 100-space paved parking lot, making it ideal for large crowds and events. The restaurant features a popular all-you-can-eat seafood buffet every Thursday through Saturday, drawing a loyal customer base from miles around. On Sundays, the kitchen shifts gears for a beloved country cooking buffet, adding even more community appeal. This fully operational kitchen with all equipment and inventory included is a turnkey opportunity - step in and start serving from day one! This is a rare chance to take over a well-established, profitable business with a strong local following. Whether you're an experienced operator or an investor looking for a proven concept in a prime location, this property delivers.

More Information MLS# 4126653

Address and Location Information

Parcel Number: 024-27-000-27-007.01 Directions to Property: Take Hwy 98 from Tylertown. Travel about 10 miles and you will see the Popwell Family Restuarant sign on your left. Community Of: N/A Street Number: 597 Street Name: Hwy 98 County: Marion State: MS Zip Code: 39643

Location

Paved: 1 Rural: 1 US Highway: 1

Listing Information

Listing Service: Full Service Status: Active List Date: 2025-09-23 List Price: $799,500 Current Price: $799,500 Property Sub Type: Business

General Property Information

Property Sub Type: Business New Construction: No Property Condition: Updated/Remodeled Approx Lot Size Acres: 5.7 Lot Size Dimensions: 248,292 SqFt Source: Owner List Price/SqFt: 117.57 Year Built Source: Owner Total Floors: 1 Fireplace: No Pool: No Accessibility Features: Yes Approx H/C SqFt: 6800 Year Built: 2007

Tax and Financial Information

Tax Annual Amount: 5540.85 Tax Year: 2024 Zoning: Commercial Flood Insurance Required?: No Leasehold Y/N: No 16th Section: No Legal Description: 5.7 Ac (D) Ne1/4 Sw1/4

Remarks & Miscellaneous

Public Remarks: A rare opportunity to own a fully equipped, 6,800 sq ft seafood restaurant sitting on 5.7 acres with over 18 years of successful operation on a high-traffic US Highway 98. This well-known local favorite offers seating for 300+ guests, supported by a 100-space paved parking lot, making it ideal for large crowds and events. The restaurant features a popular all-you-can-eat seafood buffet every Thursday through Saturday, drawing a loyal customer base from miles around. On Sundays, the kitchen shifts gears for a beloved country cooking buffet, adding even more community appeal. This fully operational kitchen with all equipment and inventory included is a turnkey opportunity - step in and start serving from day one! This is a rare chance to take over a well-established, profitable business with a strong local following. Whether you're an experienced operator or an investor looking for a proven concept in a prime location, this property delivers.

Current Use

Commercial: 1

Possible Use

Commercial: 1 Food Service: 1 Restaurant: 1

Income & Expenses

See Remarks: 1

Business Type

Food & Beverage: 1 Restaurant: 1

Lot Features

Level: 1

Levels

One: 1

Sewer

Septic Tank: 1

Commercial Features

Dumpster: 1 Employee Restrooms: 1 Inside Storage: 1 Public Restroom(s): 1 Business Included: Yes Number of Restrooms: 3

Water Source

Community: 1

Listing Terms

Cash: 1 Conventional: 1

Showing Requirements

Showing: Appointment Required Appointment Phone: 601-249-7061

Utilities

Electricity Connected: 1 Phone Connected: 1 Propane Available: 1 Sewer Connected: 1 Water Connected: 1

Ceiling Height

8' - 10.9': 1

Walls - Interior

Sheetrock: 1

Square Footage Description

Industrial Bldg Over 5000 SF: 1

Flooring

Concrete: 1

Seating

201-299: 1

Window Features

Double Pane Windows: 1

Expenses Include

Electric: 1 Insurance: 1 Licenses: 1 Payroll: 1 Security: 1 Taxes: 1 Trash Removal: 1 Water/Sewer: 1

Accessibility Features

Accessible Common Area: 1 Accessible Entrance: 1 Accessible Full Bath: 1 Accessible Parking: 1

Cooling

Central Air: 1 Electric: 1 Multi Units: 1 Other: 1

Heating

Central: 1 Electric: 1

Foundation Details

Slab: 1

Auction

Auction: No

Exterior Construction/Siding

Metal Siding: 1

Roof

Metal: 1

Exterior Features

None: 1

Driveway Features

Paved Drive: 1

Parking Features

Parking Total: 100

Lighting

Fluorescent: 1 Security: 1

Pool Features

None: 1

Basement Features

Basement: No

Flood Insurance

No Previous Flood Inside: 1

Water Heater

Electric: 1

Price Includes

All Appliances: 1 All Furnishings: 1 Building and Land: 1 Business: 1 Business and Building: 1 Equipment: 1

Available Documents

Maps: 1

Additional Transportation

US Highway: 1

Approx Age Code

Under 25 Years: 1

Uncovered Parking?

51-100 Spaces: 1

Religious/Church Features

None: 1

Property Features

Business Type: Food & Beverage; Restaurant Current Use: Commercial Possible Use: Commercial; Food Service; Restaurant Commercial Features: Dumpster; Employee Restrooms; Inside Storage; Public Restroom(s) Ceiling Height: 8' - 10.9' Lot Features: Level Location: Paved; Rural; US Highway Levels: One Square Footage Description: Industrial Bldg Over 5000 SF Seating: 201-299 Expenses Include: Electric; Insurance; Licenses; Payroll; Security; Taxes; Trash Removal; Water/Sewer Walls - Interior: Sheetrock Lighting: Fluorescent; Security Flooring: Concrete Window Features: Double Pane Windows Accessibility Features: Accessible Common Area; Accessible Entrance; Accessible Full Bath; Accessible Parking Cooling: Central Air; Electric; Multi Units; Other Heating: Central; Electric Utilities: Electricity Connected; Phone Connected; Propane Available; Sewer Connected; Water Connected Sewer: Septic Tank Water Source: Community Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Metal Exterior Features: None Driveway Features: Paved Drive Additional Transportation: US Highway Pool Features: None Flood Insurance: No Previous Flood Inside Water Heater: Electric Price Includes: All Appliances; All Furnishings; Building and Land; Business; Business and Building; Equipment Available Documents: Maps Approx Age Code: Under 25 Years
Listing Office: United Country - Southern States Realty
Listing Agent: Danielle N Burnette
Last Updated: September - 25 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.