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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 108,029 sqft
Price per Sqft $32
Subdivision Metes And Bounds
MLS Listing ID 4114221
Sold Date 07/31/26
Half Baths 5
Year Built 1979
Annual Tax Amount $5,282
Lot Size 2.480 Acres
Acres 2.48
Property Sub-Type Retail
Source MLS United
Property Description
Extremely attractive 1031 vehicle and investment opportunity. With all but 1,000/sqft of the office/retail and warehouse spaces leased, the property is currently producing 30k +- per month in income with fresh 3-5 year leases and quality tenants. Tenants responsible for own utilities, leases available with diligence. Owner is committed to completing all renovation and construction and is willing to act as the contractor to to build out the approx. 1ac of vacant/undeveloped land has been sold from this parcel.
This property can be purchased as one complete parcel or sub divided, with the owners approval, into the existing buildings and tenants. The approx. 1ac +- of the undeveloped parcel has been sold as a separate sale.
Location
State MS
County Madison
Direction From Colony Park Blvd travel South approx 1 mile and the property is on the Left just past the Shoe Healer and before Grilles of Mississippi. This is where the old Allegrezza Piano business was.
Interior
Heating Central
Cooling Central Air
Flooring Combination, Concrete
Window Features Aluminum Frames,Double Pane Windows,Insulated Windows,Metal,Tinted Windows
Exterior
Exterior Feature Awning(s), Lighting
Parking Features Concrete, Gravel, On Site, On Street, Parking Lot, Paved, Additional Parking, Front Entry, Off Street, Uncovered Parking
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Metal
Accessibility Accessible Approach with Ramp
Garage No
Building
Lot Description City Lot, Cleared, Corner Lot, Few Trees, Landscaped, Level, Open Lot, Rectangular Lot
Foundation Combination
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Awning(s),Lighting
New Construction No
Others
Tax ID 072d-19d-090-02-00
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Pete & Jade Young
Broker & Broker Associate | License ID: B-21701 & B-24026
Broker & Broker Associate License ID: B-21701 & B-24026