126 S Commerce Street, Natchez, MS 39120
sale
$495,000
|
Other
Courtesy Of Paul Geen Real Estate
HISTORIC COMMERCIAL LANDMARK IN DOWNTOWN NATCHEZ. Known as the "Natchez Office Building", this remarkable two-story brick building located at 126 South Commerce Street is rich in history and opportunity. Built circa 1871-72 during the immediate post-Civil War era, this property stands as one of Natchez's grand commercial buildings. Over the years, the building has served many purposes including a grocery store, bank, car dealership, repair facility, bus station, and even a hotel on the second floor. Owned by the Netterville family family for approximately 90 years, the property underwent a major restoration and rehabilitation in 1982 with assistance from the Natchez Historic Foundation. The building has 9500 +/- square feet of finished space and a basement of approximately 1750 square feet, and is located on the corner of S. Commerce and State Street which is just a few blocks from the Mississippi River and in the heart of historic downtown Natchez. Interior stairs access the second floor as well as an hydraulic elevator. The first floor currently offers approximately 7 offices, a break room, and a restroom. The second floor includes 8 +/- offices, additional rooms for storage, and 3 restrooms. Presently leased as individual offices and retail spaces, this property offers excellent investment potential with tenants already in place who may possibly remain under new ownership. This is a rare opportunuty to own a true piece of Natchez history while generating income in one of downtown's most desirable locations. Call today to schedule a tour of this exceptional historic investment property. INFORMATION REGARDING HISTORY, YEAR BUILT AND SQUARE FOOTAGE WAS OBTAINED FROM THE NATCHEZ HISTORIC FOUNDATION AND OWNERS PAST APPRAISAL. TENANTS WILL NEED 60 DAYS TO VACATE IF NEW OWNER DOES NOT WISH FOR TENANTS TO REMAIN.
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Property Features
- Age: Over 50 Years Old
- Legal Description: H&L#126 S COMMERCE ST 41-111E-80 CONSIDATED SPECIAL NEED TRUST FOR CHARMAINE NETTERVILLE)
- MLSID: 4149691
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