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Improved Commercial Land for Sale in Walnut Grove, Mississippi

120 E Chadwick Ave, Walnut Grove, MS 39189

$399,000
1.9 acres
Active
$51k drop
Est $2,229/mo

Are you looking for a smart investment with proven returns? The Walnut Grove Fish House, a cherished dining destination in Walnut Grove, MS, is now available for purchase - including the building, 1.90 acres of land, and all restaurant equipment, such as five large fryers, a walk-in cooler, walk-in freezer, commercial sanitizer, and so much more. Established in 1978 with only 4 owners, this iconic restaurant has built a strong reputation for mouthwatering steaks and farm-fresh catfish. With seating for 120 guests, it offers a comfortable dining experience backed by decades of loyal customers and community support. The business is currently OPENED and operating 15 hours per week. Even with limited hours, it generates great income - and with extended hours, there's phenomenal growth potential. The current owners are not selling due to any business-related issues, but are simply ready to retire and spend more time with their grandchildren. They are also willing to ensure a smooth and easy transition for buyers who may wish to continue the current concept and operations with business never stopping. While the restaurant is fully equipped and thriving, the property offers versatility for a variety of uses. With 1.90 acres and a spacious layout, buyers could easily reimagine the space into a different type of restaurant, event venue, retail space, or other business - the possibilities are endless.

3,200
Sq feet
3
1/2 baths
1978
Built

Location

Street address
120 E Chadwick Ave
Elevation
361 feet
Coordinates
32.5893, -89.4577

Directions

From Forest at I-20, go North on Highway 35. 17miles from Forest Take right on Sylvanus St. Turn left onto main st. Turn right onto Chadwick Ave. Property on the right. From Carthage at Highway 16, go South on Highway 35. 11 miles to Walnut Grove. Take left onto Main Street and then Left onto Chadwick Ave. Property on right.

Property details

Acreage
1.9 acres
MLS #
MGCMLS 4111192
Posted

Property taxes

2024
$3,287 - LOTS 1,2,3,4,7,8,9,&10BLK B CHAD ADD S/T/R 34 -09 -08E BLOCK

Parcels

  • 13434aa19

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Features
Cleared

Structure

Water
Public
Sewer
Public Sewer
Roof
Shingle

Interior

Rooms
Bathroom x 3
Flooring
Carpet, Ceramic Tile

Listing history

DateEventPriceChangeSource
June 21, 2025Price drop$399,000$51,000 -11.3%MGCMLS
Apr 25, 2025New listing$450,000MGCMLS
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This 1.9-acre property is located at 120 E Chadwick Ave in Walnut Grove, MS 39189. The property is available for sale for $399,000. It has a 3,200 sq ft structure built in 1978.

Checked 1 hour ago — Updated

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