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    124 Main Ave Magee, MS 39111

    For Sale
    $119,000

    Prime retail space, historic Main Ave. High traffic location.

    Property size:
    1,872 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional retail property, located at 124 N Main Avenue in the heart of historic downtown Magee, Mississippi, presents a unique investment opportunity. Boasting a total of approximately 1,872 square feet, the building offers a versatile layout ideal for a variety of retail or office uses. The main showroom area encompasses over 1,632 square feet, providing ample space for displays, customer interaction, and operations. In addition, there is approximately 240 square feet of dedicated storage space, ensuring efficient organization and inventory management. A convenient restroom is also included. The property sits on a 0.23-acre lot, offering potential for outdoor display or expansion (subject to local zoning regulations). Currently, the property is available for lease at $1,100 per month, representing a strong potential return on investment. Its prime location on Main Avenue in downtown Magee guarantees high visibility and accessibility, placing your business in the center of community activity. This is an excellent opportunity to establish or expand your business in a thriving Mississippi town. The asking price for this property is $119,000.

    Property Features for 124 Main Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1,872 SF
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Lilly Marie Boutique Women'S Clothing Store

    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
    -89.73254
    Latitude
    31.87365

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    FAQs

    What type of property is this?
    Retail property - Prime retail space, historic Main Ave. High traffic location.
    Where is this retail property located?
    The property is located at 124 Main Ave Magee, MS.
    What is the asking price?
    The asking price for this property is $119,000.
    (601) 849-3226
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    124 Main Ave 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
    124 Main Ave Magee, MS 39111
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