For Sale
$225,000

107 State StJackson, MS 39201

Prime CBD location, 2,378 sq ft, $225,000

Overview

Added:
Dec 11, 2024
Days on market:
101
This exceptional two-story office building, located at 107 State Street in Jackson, Mississippi's central business district (CBD), presents a unique investment opportunity. Built in 1940, this 2,378 square foot traditional office building offers a blend of historic charm and modern functionality. The property features a thoughtfully designed layout, including a welcoming waiting/reception area and three to four offices on the ground floor. Upstairs, a spacious room with a full bathroom provides ample flexibility for various uses. The building sits on a single lot and is zoned for CBD use. The asking price is $225,000, translating to a price per square foot of $94.62. This represents a compelling opportunity to acquire a well-maintained, historically significant property in a thriving downtown area. The gross lease structure simplifies ownership and management. The property's single tenancy provides straightforward occupancy management. This property is ideal for owner-occupiers or investors seeking a strong foothold in Jackson's vibrant commercial real estate market. The building's location within the CBD ensures high visibility and accessibility. This is a rare chance to own a piece of Jackson's history while capitalizing on the city's continued growth. The property's solid construction and desirable location promise a stable and potentially appreciating asset.

Highlights

  • 107 State Street, Jackson, MS CBD: 2,378 SF two-story office building, built in 1940, asking $225,000 ($94.62/SF).
  • Features a reception area and 3-4 ground floor offices, plus a large upstairs room with a full bath.
  • Single-tenant, gross lease structure simplifies management.
  • Located in the Jackson CBD, offering high visibility and accessibility.
  • Zoned for CBD use.

Property Details for 107 State St

Property type
Other office properties, Office properties
Square Feet
2,378 SF
Year Built
1940
Buildings
1
Stories
2

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.299606146633
Longitude
-90.18028912704
107 State St, Jackson, Mississippi

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107 State St
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