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109 N State Street 11
Jackson MS 39201 US

$400,000

Active Listing ID 4098007
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Lot: 0.05 Acres
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Other

$400,000

Active Listing ID 4098007
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109 N State Street 11 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!

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 400000
  • unparsedaddress: 109 N State Street
  • unitnumber: 11
  • postalcity: Jackson
  • stateorprovince: MS
  • country: US
  • postalcode: 39201
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.05
  • lotsizeunits: Acres
  • lotsizearea: 0.05
  • livingarea: 4074
  • livingareaunits: Square Feet
  • latitude: 32.299394
  • longitude: -90.180583
  • listagentfullname: Alicen Blanchard
  • listagentemail: alicen@overby.net
  • listagentkey: 3yd-MGCMLSMS-20210820194557803867000000
  • listagentmlsid: 20210820194557803867000000
  • listagentpreferredphone: 6012600699
  • listagentofficephone: 6013668511
  • listofficekey: 3yd-MGCMLSMS-20210820185746823541000000
  • listagentstatelicense: B24006
  • listofficemlsid: 20210820185746823541000000
  • disclaimer: Copyright © 2024 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MGCMLSMS
  • yearbuilt: 1920
  • listagenturl: http://www.jacksonhouses.com
  • countyorparish: Hinds
  • parcelnumber: 0033-0006-000
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.18058, 32.299393
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Overby Company", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"alicen@overby.net", "ListBrokerageCity":"Jackson", "ListBrokerageCountry":"US", "ListBrokerageEmail":"scott@theoverbycompany.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"The Overby Company", "ListBrokeragePhone":"(601) 366-8511", "ListBrokeragePostalCode":"39296", "ListBrokerageStateOrProvince":"MS", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"P.O. Box 4644", "ListBrokerageWebsiteUrl":"http://www.jacksonhouses.com", "ListOfficeAddress1":"800 Woodlands Pkwy Ste 206, Ridgeland, MS 39157", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20210820194529299045000000", "ListOfficeCity":"Ridgeland", "ListOfficeCountry":"US", "ListOfficeEmail":"scott@overby.net", "ListOfficePostalCode":"39157", "ListOfficeStateOrProvince":"MS", "ListPriceCurrencyType":"USD", "ListingTitle":"Other - Jackson, MS", "ListingURL":"https://listings.listhub.net/pages/MGCMLSMS/4098007/?channel=rexren", "MLSModificationTimestamp":"2024-12-02T15:33:58Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6024, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/3/2024 12:10:20 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Alicen Blanchard, Overby, Inc., alicen@overby.net

Copyright © 2024 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.