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    114 1St St Magee, MS 39111

    For Sale
    $65,000

    Refurbished 800 sq ft retail/office space. Lease or Buy!

    Property size:
    800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 800-square-foot commercial property, located at 114 NW 1st Street in Magee, Mississippi, presents a fantastic opportunity for a discerning business owner. Recently refurbished, the space boasts modern amenities including central heating and air conditioning, ensuring year-round comfort for both employees and customers. The layout is versatile, suitable for a variety of retail or office uses, offering ample space for showcasing products or establishing a comfortable workspace. A single restroom is conveniently located within the premises. The property is situated in a prime location within Magee, offering excellent visibility and accessibility for potential clients. This is a rare opportunity to acquire a move-in ready commercial space in a thriving community. The asking price for the property is $65,000. Alternatively, the property is also available for lease at a monthly rate of $650, providing flexibility for businesses of varying sizes and financial capabilities. This makes it an ideal investment for both established businesses seeking expansion and entrepreneurs looking to establish a new presence in the Magee market. Don't miss this chance to secure a valuable asset in a desirable location. Contact us today to schedule a viewing.

    Property Features for 114 1St St

    General Information

    Property type
    Retail properties
    Square Feet
    800 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Magee
    County
    Simpson
    State
    Mississippi
    Longitude
    -89.73365
    Latitude
    31.87416

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    FAQs

    What type of property is this?
    Retail property - Refurbished 800 sq ft retail/office space. Lease or Buy!
    Where is this retail property located?
    The property is located at 114 1St St Magee, MS.
    What is the asking price?
    The asking price for this property is $65,000.
    (601) 849-3226
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    114 1St St Magee, MS 39111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 1St St Magee, MS 39111
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