120 E Chadwick Avenue Walnut Grove, MS $ 399,000
120 E Chadwick Avenue
$ 399,000
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120 E Chadwick Avenue

Walnut Grove, MS, 39189
$ 399,000
Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

$ 2,489

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Commercial Property for sale in Walnut Grove, MS

for $399,000 with 3 half baths. This 3,200 square foot building was built in 1978 on a lot size of 1.9.

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.

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Commercial Active

Price

$ 399,000

Half Bath

3

Property Type

Commercial

Taxes

$ 3,287

Style

Business

Lot Size

1.9

Year Built

1978

Town/City

Walnut Grove

County/Region

Leake

MLS | Web ID

4111192

Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected Natural Gas in Kitchen
Roof Architectural Shingles
Year Built 1978
Property Subtype Business
Tax Year 2024
Current Use Other See Remarks
Business Type Deli/Catering Fast Food Food & Beverage Food Service Restaurant
County Leake
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Possible Use Commercial Investment Place of Worship Retail Other Convenience Store Fast Food Food Service Manufacturing Restaurant
Garage Y/N N
Status Active
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
City Walnut Grove
Disclosures As Is
Lot Size Units Acres
Lot Size Square Feet 82764.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3287.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/120-E-Chadwick-Avenue-Walnut-Grove-MS-39189/unbranded
Standard Status Active
Year Built Source Owner
Legal Description LOTS 1 2 3 4 7 8 9 &10BLK B CHAD ADD S/T/R 34 -09 -08E BLOCK
Senior Community None
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Interior
Flooring Carpet Ceramic Tile
Basement (Y/N) N
Fireplace Y/N N
Half Baths 3
Total Baths 3
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Exterior
Parking Features Parking Lot Gravel
Lot Features Cleared
Water Source Public
Lot Size Area 1.9
Foundation Details Slab
Spa N
Building Area Total 3200.0
Lot Size Acres 1.9
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Kayla Waggoner

Listing Agent

Turn Key Properties, Llc

Broker

kaylawrealtor@gmail.com

Email

Affordability Calculator

$2,763
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$274
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1580642 Elementary School
1580615 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/21/2025$399,000 -11.33% Price Down
4/24/2025$450,000 Listed Price

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120 E Chadwick Avenue, Walnut Grove, MS, 39189 is a Commercial Property for sale at $399,000 with 3,200 sqft and a lot size of 1.9. 120 E Chadwick Avenue was built in 1978. The property's zip code is 39189 which is in Walnut Grove, MS