31201 Ms-12 Durant, MS $ 1,450,000
31201 Ms-12
$ 1,450,000
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31201 Ms-12

Durant, MS, 39063
$ 1,450,000
Bedrooms-- Baths-- Sq 22,500

Monthly Estimate*

$ 9,637

31201 Ms-12, Durant, MS 39063 - Image 1

Commercial Property for sale in Durant, MS

for $1,450,000. This 22,500 square foot building was built in 2000 on a lot size of 4.

Welcome to the Oak Tree Inn in Holmes County, MS! Situated just off Interstate 55 at Exit 156, this 40-room hotel presents an excellent opportunity for investors or business owners looking to expand their commercial property holdings. Built around the year 2000, the Oak Tree Inn offers both convenience and potential in one of central Mississippi's most accessible locations. Strategically located between Canton to the south and Grenada to the north, both areas experiencing significant commercial development, this 4± acre property is positioned to benefit from increasing traffic along the I-55 corridor. Boasting frontage along Highway 12 and Interstate 55, the Oak Tree Inn serves as a natural stop for travelers, truckers, and visitors heading to or from key destinations across the state. In addition to the hotel, there is the option to purchase up to 73± additional acres of commercially zoned land surrounding the property. This land offers endless possibilities whether for new development, such as retail centers, restaurants, storage facilities, or truck stops, or for resale as smaller commercial parcels. The flexibility and prime location of this acreage make it a compelling addition for developers and investors alike. The Oak Tree Inn is ideal for those seeking to revitalize and operate a hospitality business in a growing area or for those interested in repurposing the space for another commercial use. The building's size and visibility from the interstate make it a versatile asset. Whether you're expanding your existing hospitality business or exploring new ventures, this property provides the foundation to build upon. With consistent traffic flow, solid occupancy rates, and an established structure in place, the Oak Tree Inn is a rare find at a strategic intersection of opportunity.

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Commercial Active

Price

$ 1,450,000

Property Type

Commercial

Taxes

$ 13,980

Style

Business

Lot Size

4

Year Built

2000

Town/City

Durant

County/Region

Holmes

MLS | Web ID

4110332

Features
General
Year Built 2000
Levels Two
Property Subtype Business
Tax Year 2024
Current Use Commercial
Business Type Hotel/Motel
County Holmes
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Development Hotel/Motel
Garage Y/N N
Status Active
Directions Directions From Madison MS: Head north on Interstate 55 approximately 48 miles to MS Hwy 12 E in Holmes County. Take Exit 156. Go East on Hwy 12 the destination will be on your left. Direction
City Durant
Lot Size Units Acres
Lot Size Square Feet 174240.0
Carport Y/N N
Electric On Property Y/N N
Land Lease Y/N N
Tax Annual Amount 13980.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Year Built Source Public Records
Legal Description PT W1/2 SE1/4
Senior Community None
Exterior
Lot Size Area 4.0
Spa N
Building Area Total 22500.0
Lot Size Acres 4.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Interior
Basement (Y/N) N
Fireplace Y/N N
Total Baths 0
Internal Only
Street Number 1 31201
* Excluded Features
List By
Chris Reed

Listing Agent

Smalltown Hunting Properties & Real Estate

Broker

chris.reed@smalltownproperties.com

Email

Affordability Calculator

$10,802
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,637
Monthly Property Taxes
$1,165
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
4/16/2025$1,450,000 Listed Price

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31201 Ms-12, Durant, MS, 39063 is a Commercial Property for sale at $1,450,000 with 22,500 sqft and a lot size of 4. 31201 Ms-12 was built in 2000. The property's zip code is 39063 which is in Durant, MS