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117 North State Street, Jackson, MS 39201

Three contiguous brick structures in CBD zoning include occupied suites and a vacant upper-level space with rooftop access.

Property Size16,214 SF
Price / SF$77.09
Days on Market9

Property Features for 117 North State Street

General Information

Standard status Active
Size 16,214 SF
Net Rentable 16,214 SF
Class B
Elevators Yes
Property subtype Office
Zoning CBD
Occupancy 60%
Lease Type Modified Gross
Investment Type Core+

Building Details

Year Built 1908
Year Renovated 2016
Buildings 3
Stories 3
Units 15
Tenancy Multi
Construction brick
Listing Agency: Overby Commercial
Listed By: Scott Overby, CCIM · License #MS B16124
Source: Crexi
Added: Aug 14 Changed: Aug 18 Last Checked: Aug 18 at 11:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Overby Commercial

Investment Insights

Based on property information with market context.

This office property consists of three contiguous, party-wall brick buildings with basement-through-third-floor configuration and elevator service. The improvements provide approximately 16,214 rentable square feet and 18,652 SF gross, excluding the basement. Existing occupancy includes small office suites on the ground floor and a divided second-floor suite, while a multilevel second- and third-floor suite is vacant and available for lease-up. That space includes access to a private rooftop area.

The buildings occupy the addresses 117, 119, and 121 North State Street at the intersection of North State, Amite, and Capitol streets in downtown Jackson. The property is directly across North State Street from the Old Mississippi State Capitol and War Memorial Building. Built in 1908, the asset is zoned CBD and combines current office tenancy with additional leasable space.

Key Highlights

  • Approximately 16,214 rentable SF and 18,652 SF gross, excluding basement
  • Three contiguous buildings at 117, 119, and 121 North State Street
  • Elevator‑served, party‑wall brick buildings spanning basement through third floor

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Pet Store Veterinary Clinic Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,354
Businesses Nearby

Demographics for 39201, MS

574
Population
749
Households
0.8
Avg Household Size
40
Median Age
75%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
273
Density / Sq Mi
$77,946
Median Household Income
$77,838
Median Earnings
$1,341
Median Rent

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three contiguous brick structures in CBD zoning include occupied suites and a vacant upper-level space with rooftop access.
Where is this office building located?
The property is located at 117 North State Street Jackson, MS.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 16,214 rentable SF and 18,652 SF gross, excluding basement; Three contiguous buildings at 117, 119, and 121 North State Street; Elevator‑served, party‑wall brick buildings spanning basement through third floor
(601) 624-8511 Call to check price and availability
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