608 Highway 51, Ridgeland, MS 39157

$3,499,000
5
BA
108,029
SqFt

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List Price
$3,499,000
Price Change
▼ $476,000 1776810281
MLS#
4114221
Bathrooms
5
Sq. Ft
108,029
Acres
2.48
Subdivision
Metes And Bounds
Year Built
1979

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.

Additional Information

Roof
Metal
Stories
One
Lot Description
Corner Lot, Level, Landscaped, Cleared, City Lot, Open Lot, Rectangular Lot, Few Trees
Water
Public
Sewer
Public Sewer
Office Id
2262

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Calculator source: Real Geeks

Listing courtesy of Hopper Properties.