1331 Sunset Drive, Grenada, MS 38901 (MLS# 4127530)
1331 Sunset Drive, Grenada, MS 38901
$998,000
Property Type:
Commercial Sale
Square Footage:
1,728
Lot Size (sq. ft.):
93,654
Status:
Active
Current Price:
$998,000
List Date:
10/03/2025
Last Modified:
1/21/2026
Overview
Description
Located on the heavily trafficked Sunset Drive in Grenada, this large commercial corner lot is over two acres and is just one mile east of I-55. The property is zoned B-3, Heavy Commercial, allowing endless business opportunities. With over 300 feet of frontage on Sunset Drive and nearly as much on Jefferson Trail, there's plenty of room for multiple businesses. It's home to a freestanding 1728 square foot building that's currently leased to Yamato Steak House of Japan. The existing building is currently leased for $2,500 monthly with the tenant paying all expenses. The lease is for the building only and excludes the parking area.
The lot has over an acre of concrete with three separate entrances and a daily traffic count of 23,000. A row of trees spans the back of the property, providing a solid buffer from the adjoining neighbor. An older brick building was previously on the property, but it's been completely removed, and the site is ready and waiting for new commercial construction. High traffic corner property & prime location!
Listing Details MLS# 4127530
General Property Information
- Approx Lot Size Acres
- 2.15
- Approx H/C SqFt
- 1728
- SqFt Source
- Assessor
- List Price/SqFt
- 577.55
- Divisible
- Yes
- Year Built
- 1979
- Year Built Source
- Assessor
- Total Floors
- Yes
- School District
- Grenada Dist
- Accessibility Features
- No
- Property Sub Type
- Business
- New Construction
- No
Property Features
Business Type:
Restaurant
Current Use:
Commercial
Possible Use:
Bar/Tavern/Lounge; Barber/Beauty; Commercial; Convenience Store; Fast Food; Food Service; Highway/Tourist Service; Hotel/Motel; Investment; Medical/Dental; Mini Storage; Office; Restaurant; Retail; Truck Stop
Commercial Features:
220 Volt Power; Rest Rooms
Electricity Features:
220 Volts; Three Phase
Lot Features:
City Lot; Corner Lot; Level
Location:
City Street
Levels:
One
Walls - Interior:
Sheetrock
Flooring:
Concrete
Cooling:
220 Volts; Central Air
Heating:
Central
Utilities:
Electricity Connected; Phone Connected; Water Connected
Sewer:
Public Sewer
Water Source:
Public
Foundation Details:
Slab
Listing Terms:
1031 Exchange; Cash; Conventional
Roof:
Rolled/Hot Mop
Driveway Features:
Concrete Drive
Parking Features:
Concrete
Price Includes:
Building and Land
Available Documents:
Land Survey
Address and Location Information
- Street Number
- 1331
- Street Name
- Sunset
- Street Suffix
- Drive
- County
- Grenada
- State
- MS
- Zip Code
- 38901
- Nearest Cross Street
- Jefferson Trail
- Parcel Number
- 096w-13-311.00
- Directions to Property
- From I-55, take the Grenada exit and head east onto Sunset Drive. In about a mile, the property will be on the right.
- Community Of
- N/A
Listing Information
- Property Sub Type
- Business
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 3833
- Tax Year
- 2024
- Flood Insurance Required?
- No
- Leasehold Y/N
- No
- Legal Description
- Pt N1/2 Nw1/4 Ne1/4 13 22 4 Unplatted Panchos & Yamato St Orlea 280. 54 1 001.01
Auction
- Auction
- No
More Information
Showing Requirements
- Showing
- Show Any Time
Basement Features
- Basement
- No
Location
- City
- Yes
- City Street
- Yes
Remarks & Miscellaneous
- Public Remarks
- Located on the heavily trafficked Sunset Drive in Grenada, this large commercial corner lot is over two acres and is just one mile east of I-55. The property is zoned B-3, Heavy Commercial, allowing endless business opportunities. With over 300 feet of frontage on Sunset Drive and nearly as much on Jefferson Trail, there's plenty of room for multiple businesses. It's home to a freestanding 1728 square foot building that's currently leased to Yamato Steak House of Japan. The existing building is currently leased for $2,500 monthly with the tenant paying all expenses. The lease is for the building only and excludes the parking area. The lot has over an acre of concrete with three separate entrances and a daily traffic count of 23,000. A row of trees spans the back of the property, providing a solid buffer from the adjoining neighbor. An older brick building was previously on the property, but it's been completely removed, and the site is ready and waiting for new commercial construction. High traffic corner property & prime location!
Current Use
- Commercial
- Yes
Possible Use
- Bar/Tavern/Lounge
- Yes
- Barber/Beauty
- Yes
- Commercial
- Yes
- Convenience Store
- Yes
- Fast Food
- Yes
- Food Service
- Yes
- Highway/Tourist Service
- Yes
- Hotel/Motel
- Yes
- Investment
- Yes
- Medical/Dental
- Yes
- Mini Storage
- Yes
- Office
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Truck Stop
- Yes
Business Type
- Restaurant
- Yes
Lot Features
- City Lot
- Yes
- Corner Lot
- Yes
- Level
- Yes
Levels
- One
- Yes
Sewer
- Public Sewer
- Yes
Commercial Features
- 220 Volt Power
- Yes
- Rest Rooms
- Yes
Water Source
- Public
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Utilities
- Electricity Connected
- Yes
- Phone Connected
- Yes
- Water Connected
- Yes
Electricity Features
- 220 Volts
- Yes
- Three Phase
- Yes
Walls - Interior
- Sheetrock
- Yes
Flooring
- Concrete
- Yes
Cooling
- 220 Volts
- Yes
- Central Air
- Yes
- Electric
- Yes
Heating
- Central
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Brick
- Yes
Roof
- Rolled/Hot Mop
- Yes
Driveway Features
- Concrete Drive
- Yes
Parking Features
- Concrete
- Yes
Price Includes
- Building and Land
- Yes
Available Documents
- Land Survey
- Yes
Listing Office:
Landhawk Realty, Llc
Listing Agent:
Molly M Hawkins
Last Updated: January - 21 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.