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

597 Hwy 98, Kokomo, MS 39643

$799,500
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

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

More Information

Auction

Auction
No

Parking Features

Parking Total
100

Showing Requirements

Showing
Appointment Required
Appointment Phone
601-249-7061

Basement Features

Basement
No
Listing Office: United Country - Southern States Realty
Listing Agent: Danielle N Burnette
Source MLS Verified
Last Updated: March - 30 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.