Ridgeland, MS 39157,608 Highway 51
Ridgeland, MS 39157,608 Highway 51
Ridgeland, MS 39157,608 Highway 51
60
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$4,700,000
Est. payment /mo
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5 Baths
108,029 SqFt
New

608 Highway 51 Ridgeland, MS 39157

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 108,029 sqft

Price per Sqft $43

Subdivision Metes And Bounds

MLS Listing ID 4114221

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.
This property can be purchased as one complete parcel or sub divided, with the owners approval, into the existing buildings and tenants and the approx. 1ac +- of the undeveloped parcel.

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

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


MLS United(Mississippi)
Listed by Hopper Properties

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agent

Andrea Goodwin

Agent | SS57643

+1(601) 953-3642

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608 Highway 51