Jackson, MS 39201,109 N State Street #11
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Jackson, MS 39201,109 N State Street #11
Jackson, MS 39201,109 N State Street #11
Jackson, MS 39201,109 N State Street #11
Jackson, MS 39201,109 N State Street #11
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$ 390,000
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109 N State Street #11 Jackson, MS 39201

4,074 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,074 sqft

Price per Sqft $95

Subdivision Historic District

MLS Listing ID 4098007

Year Built 1920

Annual Tax Amount $6,024

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 23 1/2 x 110

Property Sub-Type Other

Source MLS United

Property Description

For Sale: Prime Investment Opportunity in Jackson's Historic Spengler's Corner District

Located in the heart of downtown Jackson, Mississippi, this property offers a unique investment opportunity within the highly sought-after Spengler's Corner Historic District. Comprising two distinct spaces, this mixed-use building provides a stable income stream with the potential for additional value creation.

Ground Floor: The ground-floor space is currently leased to Offbeat Records, a well-established and popular local business that has become a fixture in the community. This lease provides immediate cash flow and a reliable tenant in a vibrant, high-foot-traffic area.

Second Floor: The second floor offers a versatile office/loft/creative space that can easily be adapted to a wide range of uses, from professional offices to artist studios or co-working spaces. Featuring an open layout with natural light and historic charm, this area presents a perfect opportunity to attract tenants seeking an inspiring and functional environment. The space is ready for lease and can be tailored to meet the needs of a variety of businesses.

Why Invest Here?

Prime Location: Situated in the Spengler's Corner Historic District, this property is in the center of downtown Jackson's revitalization efforts, with easy access to major highways, public transportation, and a mix of local dining, retail, and cultural attractions.

Stable Income: The ground-floor tenant, Offbeat Records, is an established business with a solid track record, providing immediate rental income.

Versatile Space: The second-floor space offers endless potential for customization, allowing you to capitalize on the growing demand for office and creative workspaces in downtown Jackson.

Historic Charm: With its rich history and architectural character, this property is well-positioned to appreciate in value as downtown Jackson continues to grow and attract investment.

This is a rare opportunity to own a piece of Jackson's historic downtown with built-in income potential and room for future growth. Whether you are a seasoned investor or looking to expand your portfolio, this property offers significant upside potential in one of the city's most vibrant districts.

Contact your Realtor today to schedule a viewing and explore the full potential of this exceptional downtown property!

Location

State MS

County Hinds

Direction Pearl Street Exit to N State Street. Turn N on N State Street. Property is on the W side between Capitol and Amite Streets.

Building

New Construction No

Others

Tax ID 0033-0006-000


MLS United(Mississippi)
Listed by Overby, Inc.
agent

Dawn Goolsby

REALTOR® | SS55063

+1(601) 624-3939

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109 N State Street #11