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Strip Mall With Retail Store In Winona, MS For Sale

Winona, Mississippi, US
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Owner-Financing Available for the right down payment and buyer!

34,000 sq ft Strip Mall with a Retail Store, Liquor Store, and 2 additional spaces (warehouse + 1 retail space) in Winona, MS! Only 1 hr 50 min from Memphis, TN! Only 1 hour 20 min from Jackson, MS!

Seller just started everything from the ground up! The retail store opened in Jan. 2022 and the liquor store opened in Nov. 2022.

Retail Store sales for the trailing 12-months are $30,000 per month at an average of 58% margin! Liquor Store Sales are growing steadily and currently generate $32,000 per month at 27% margins!

Average net profit after expenses is over $8,600 per month PLUS Seller's Family Payroll of $6,000 per month! Buyer's family can take home over $14,600 per month AND generate additional rental income from the 2 additional spaces!

The first additional space is a warehouse at 10,000 sq ft and the second space is 1,400 sq ft that can be remodeled as a restaurant! High demand for additional restaurants in the area!

Includes a pharmacy that just opened and is closed on Sunday! Pharmacy has a drive-thru! Seller is a pharmacist. Buyer can decide whether to keep the pharmacy or not. Buyer can potentially rent out the pharmacy for an initial rent of $1,000 per month!

Seller has developed recent health issues and needs to return to his family based out of Florida.

The Square Footage Breakdown is as follows:

- Retail Store: 20,000 sq ft
- Liquor Store: 2,600 sq ft
- Pharmacy: 600 sq ft (located in the retail store)
- Warehouse Space: 10,000 sq ft
- Space for Potential Restaurant: 1,400 sq ft

TOTAL: 34,000 sq ft +/-

One Corporate Store Chain with over 250+ existing locations has offered to rent ONLY the retail store for a base rent of $65,000 gross lease per year PLUS a 4% Percentage Rent on Sales! Seller is holding out in case the Buyer wants to run the retail store themselves!

Additional sales can be achieved by adding Lotto, ATM/Bitcoin machine, grocery delivery, Hot Food and Deli, Western Union, Bill Pay, Meat and Groceries, Vapes/ Cigarettes/Cigars, additional Beer and Wine selections, and a wholesale Distribution Division to nearby restaurants and convenience stores!

Average traffic count of 6,448 vehicles passing by the property each day!

There is also a house available for sale behind the property!

Asking Price for the Retail Store, Liquor Store, Pharmacy, and two additional spaces with the Property: $999,000 plus inventory! Inventory is guesstimated at $200,000 +/- in the liquor store and $300,000 +/- in the retail store.

Owner-financing is available for the right buyer and down payment!

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Winona, MS