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1364 Edwards Ave
Tunica, MS 38676
Retail Property For Sale

Investment Highlights

  • Asking Price has just reduced to $1,500,000 plus inventory!
  • An Owner-Operator can take home more than $20,000 per month and further increase sales!
  • Summer Sales will generate $90,000 per month inside! Take advantage of the Summer months!

Executive Summary

Asking Price has just reduced to $1,500,000 plus inventory!
Inside Sales average approximately $70,000 per month at 35% margin! Deli sales are about $15,000 of the Inside Sales! High Margin!
Summer Sales will generate $90,000 per month inside! Take advantage of the Summer months!
Store includes a fully equipped kitchen with vent-a-hood, grill, and salad bar!
ATM and Air Machine together generate $1,000 per month!
Outside Sales are 32,000 gallons per month at 18 cents margin per gallon! Average Gas Profit is over $5,700 per month!
Jobber contract is 50/50 commission split with 16 years remaining. Seller pays ZERO in Credit card fees! All Credit Card Fees are paid by the Jobber! All maintenance and repairs to the fuel equipment are handled by the Jobber!
Average Net Profit is over $14,000 per month AFTER all expenses including $12,000 payroll for an ABSENTEE Owner! Seller only visits the store once a week!
Cap Rate is 10%!
An Owner-Operator can take home more than $20,000 per month and further increase sales!
Manager is currently paid $15 per hour. Buyer can decide to retain the manager and run it absentee or run it themselves!
Seller is selling because he plans to move back to his home country.
Store & Property Information:
Seller does NOT currently have lottery! Huge opportunity for a buyer to add Lottery and immediately increase profit and traffic!
Building area is 3,120 sq ft!
Real Estate Included! No Landlord, No Rent Escalations, Long-Term Asset Appreciation! Take advantage of 100% Bonus Depreciation while it lasts!
The business has an established local customer base and maintains a 4+ star rating on Google, supporting consistent repeat traffic.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
3,120 SF
Building Class
C
Year Built
1927
Price
$2,091,120 CAD
Price Per SF
$670.23 CAD
Cap Rate
11.20%
NOI
$234,205 CAD
Business Value
$2,091,120 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.27 AC
Parking
5 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
46’ on Edwards Ave

About 1364 EDWARDS AVE , TUNICA, MS 38676

Key Financials: Asking Price has just reduced to $1,500,000 plus inventory! Inside Sales average approximately $70,000 per month at 35% margin! Deli sales are about $15,000 of the Inside Sales! High Margin! Summer Sales will generate $90,000 per month inside! Take advantage of the Summer months! Store includes a fully equipped kitchen with vent-a-hood, grill, and salad bar! ATM and Air Machine together generate $1,000 per month! Outside Sales are 32,000 gallons per month at 18 cents margin per gallon! Average Gas Profit is over $5,700 per month! Jobber contract is 50/50 commission split with 16 years remaining. Seller pays ZERO in Credit card fees! All Credit Card Fees are paid by the Jobber! All maintenance and repairs to the fuel equipment are handled by the Jobber! Average Net Profit is over $14,000 per month AFTER all expenses including $12,000 payroll for an ABSENTEE Owner! Seller only visits the store once a week! Cap Rate is 10%! An Owner-Operator can take home more than $20,000 per month and further increase sales! Manager is currently paid $15 per hour. Buyer can decide to retain the manager and run it absentee or run it themselves! Seller is selling because he plans to move back to his home country. Store & Property Information: Seller does NOT currently have lottery! Huge opportunity for a buyer to add Lottery and immediately increase profit and traffic! Building area is 3,120 sq ft! Real Estate Included! No Landlord, No Rent Escalations, Long-Term Asset Appreciation! Take advantage of 100% Bonus Depreciation while it lasts! The business has an established local customer base and maintains a 4+ star rating on Google, supporting consistent repeat traffic. Geographic & Demographic Details: Excellent location with easy access to US-61, capturing steady local traffic as well as strong flow from the Tunica casino corridor! Located near the Tunica casino corridor, one of the largest gaming destinations in the Mid-South, drawing consistent regional traffic from Memphis and surrounding markets. Positioned along US-61, a major route connecting Tunica to Memphis, the property benefits from steady local traffic as well as strong transient flow. Median Household Income is over $48k. Nearby schools, including Tunica Elementary School and Rosa Fort High School, collectively serve approximately 2,000 students and faculty. Nearby hotels include Royal Inn & Suites Tunica and Days Inn by Wyndham Tunica Resorts, supporting local and regional traffic. Limited restaurant availability for local customers! The only restaurants in the area include Subway, Waffle House, Church's Chicken, and Blue & White Restaurant! Less than an hour to Memphis, TN! Less than 40 min to Southaven, MS! 3 hours to Jackson, MS! This is a rare opportunity to acquire both a cash-flowing business and the underlying real estate in a high-demand regional corridor with strong upside potential. Asking Price for Business and Property has just reduced to $1.5M plus inventory! If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Property Taxes

Property Taxes

Parcel Number
4119320400014600
Land Assessment
$2,742 CAD
Improvements Assessment
$23,883 CAD
Total Assessment
$26,626 CAD
  • Listing ID: 41737273

  • Date on Market: 2026-08-13

  • Last Updated:

  • Address: 1364 Edwards Ave, Tunica, MS 38676

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