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

597 Hwy 98, Kokomo, MS 39643

New Listing

$799,500

Virtual Tour

https://www.propertypanorama.com/597-Hwy-98-Kokomo-MS-39643/unbranded

Property Type: Commercial Sale Square Footage: 6,800 Lot Size (sq. ft.): 248,292 Status: Active

Current Price: $799,500 List Date: 3/30/2026 Last Modified: 3/30/2026

Overview

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.

Listing Details MLS# 4126653

General Property Information

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

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

Address and Location Information

Street Number: 597
Street Name: Hwy 98
County: Marion
State: MS
Zip Code: 39643
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

Listing Information

Property Sub Type: Business
Listing Service: Full Service

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

Commercial Features

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

More Information

Auction

Auction: No

Parking Features

Parking Total: 100

Showing Requirements

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

Basement Features

Basement: No

Location

Paved: Yes
Rural: Yes
US Highway: Yes

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: Yes

Possible Use

Commercial: Yes
Food Service: Yes
Restaurant: Yes

Income & Expenses

See Remarks: Yes

Business Type

Food & Beverage: Yes
Restaurant: Yes

Lot Features

Level: Yes

Levels

One: Yes

Sewer

Septic Tank: Yes

Water Source

Community: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Utilities

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

Ceiling Height

8' - 10.9': Yes

Walls - Interior

Sheetrock: Yes

Square Footage Description

Industrial Bldg Over 5000 SF: Yes

Flooring

Concrete: Yes

Seating

201-299: Yes

Window Features

Double Pane Windows: Yes

Expenses Include

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

Accessibility Features

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

Cooling

Central Air: Yes
Electric: Yes
Multi Units: Yes
Other: Yes

Heating

Central: Yes
Electric: Yes

Foundation Details

Slab: Yes

Exterior Construction/Siding

Metal Siding: Yes

Roof

Metal: Yes

Exterior Features

None: Yes

Driveway Features

Paved Drive: Yes

Lighting

Fluorescent: Yes
Security: Yes

Pool Features

None: Yes

Flood Insurance

No Previous Flood Inside: Yes

Water Heater

Electric: Yes

Price Includes

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

Available Documents

Maps: Yes

Additional Transportation

US Highway: Yes

Approx Age Code

Under 25 Years: Yes

Uncovered Parking?

51-100 Spaces: Yes

Religious/Church Features

None: Yes

Listing Office: United Country - Southern States Realty

Listing Agent: Danielle N Burnette

Last Updated: March - 30 - 2026

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