109 N State Street lot: 11, Jackson, MS 39201
sale
$375,000
|
Other
Courtesy Of The Overby Company
Located in the heart of downtown Jackson's Spengler's Corner Historic District, this mixed-use property offers a compelling investment opportunity with strong current income and value-add potential. The ground floor is leased to Offbeat Records, a popular, established local business, providing immediate cash flow and a stable tenant in a high-traffic area. Upstairs, a versatile office/loft space with abundant natural light and historic charm is ready for lease. Ideal for professional offices, creative studios, or co-working environments, the flexible layout can be easily tailored to a range of tenants. Surrounded by downtown Jackson's ongoing revitalization, the property offers walkable access to dining, retail, cultural attractions, and transit, with major highways nearby. Whether you're expanding your portfolio or seeking a stable, well-located asset, 109 N State Street presents strong upside in one of the city's most dynamic districts. Parking lot (parcel number 33-33) conveys with purchase of building. In addition, the city of Jackson offers monthly parking permits for use in any metered spot for approx $65/month.
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Property Features
- Age: Over 50 Years Old
- Legal Description: Building: 23 1/2 FT W/S N STATE ST X 110 FT E & W N OF SPENGLER IN LOT 2 SQ 1 N J Parking Lot: BEG AT PT APP 154 FT W & 150 FT S OF INT S/L AMITE ST & W/L N STATE ST E 26 FT S 20.15 FT E 20 FT S 48.1 FT E 14 FT S 11.7 FT W 6.45 FT N 1.15 FT W 2.2 FT S 2.1 FT W 7.85 FT N 4.9 FT W 12 FT N 49.70 FT W 30.4 FT N 36 FT TO POB IN LOT 2 SQ 1 N J
- MLSID: 4098007
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