$390,000

109 N State Street 11 , Jackson, MS 39201

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:4,074 sqft
Lot:0.05
Year Built:1920
Listing Status:Active

Listing Agent

Alicen Blanchard
http://www.jacksonhouses.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

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

Detailed Items

Other Information

109 N State Street, Jackson, MS, 39201 is a commercial sale listing of 4,074 sqft on a lot of 0.05. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property109 N State Street, Jackson, MS
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