For Sale
$1,795,000

120 Scarbrough StRichland, MS 39218

Exceptional Medical Office, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
99
This Class A, 12,885-square-foot medical office building in Richland, Mississippi, presents a unique owner-user opportunity. Located at the prominent intersection of Scarbrough Street and US 49, this single-story building sits on a 2.09-acre lot and boasts a completely renovated interior and exterior. Improvements include a new roof, paint, carpeting, flooring, lighting, and HVAC system. The parking and drive areas feature new asphalt and striping. The building is fully sprinklered. The interior comprises 8,577 square feet of built-out medical offices, including individual exam rooms, x-ray rooms, conference rooms, multiple nurses' stations, medical records rooms, and a spacious waiting area. A new medical lease is in place for this section. Additionally, there are 3,073 square feet of professional office/retail space with a new lease, and a 1,205-square-foot retail space currently leased to a dental tenant. The asking price is $1,795,000, translating to $139.31 per square foot. This property offers a compelling investment for medical professionals or investors seeking a high-quality, turnkey medical facility in a thriving Mississippi market. The building's prime location and recent renovations ensure strong potential for long-term growth and profitability.

Highlights

  • Class A, 12,885 SF medical office building in Richland, MS.
  • Located at the prominent intersection of Scarbrough Street and US 49 on a 2.09-acre lot.
  • Completely renovated interior and exterior, including new roof, HVAC, and parking lot.
  • Features 8,577 SF of built-out medical space with a new lease, 3,073 SF of professional office/retail space with a new lease, and 1,205 SF of leased retail space.
  • Asking price: $1,795,000 ($139.31/SF).

Property Details for 120 Scarbrough St

Property type
Other office properties, Medical offices
Square Feet
12,885 SF
Class
A
Buildings
1
Stories
1
Lot Size (sq. ft)
91,040 SF

Location Insight

City
Richland
County
Rankin
State
Mississippi
Latitude
32.214310587637
Longitude
-90.153981642177
120 Scarbrough St, Richland, Mississippi

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120 Scarbrough St
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