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Former Restitution Center For Sale
For Sale
$225,000

429 S Gallatin Street, Jackson, MS 39203

Commercial building suitable for public shelter or housing facility.

Days on Market147

Property Features for 429 S Gallatin Street

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 1953
Listing Agency: Speed Commercial Real Estate
Listed By: Jeff Speed, CCIM · License #MS #16810
Source: Speedcres
Added: Mar 6 Changed: Jul 6 Last Checked: Jul 31 at 6:32AM

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 Speed Commercial Real Estate

Investment Insights

Based on property information with market context.

The property is located on South Gallatin Street in Jackson, Mississippi. Formerly the Hinds Restitution Center, the building is suitable for use as a public shelter or another type of housing facility. The layout includes 7 offices, a conference room, multiple storage rooms, a commercial kitchen, and a dining area. A housing area is also present. Restroom facilities include 2 small bathrooms and 1 large restroom area.

Key Highlights

  • Set up for public shelter or housing facility
  • Commercial kitchen and dining area
  • 7 Spacious Offices and Conference Room**

Property Analytics

Current Use

More ministry Apartment Complex Burnhams professional flooring Hardware & Home Improvement Allen Burnham Apartment Complex

Suggested Use

Top Pick Pharmacy Dental Office Veterinary Clinic (Bike/Boat/Book/etc) Store Spa & Massage Center 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

1,491
Businesses Nearby

Demographics for 39203, MS

4,395
Population
2,806
Households
1.6
Avg Household Size
38
Median Age
17%
College-Educated
72%
High-School Grad
2.3 sq mi
ZIP Area
1,911
Density / Sq Mi
$27,116
Median Household Income
$23,773
Median Earnings
$739
Median Rent
$53,000
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Office building - Commercial building suitable for public shelter or housing facility.
Where is this office building located?
The property is located at 429 S Gallatin Street Jackson, MS.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Set up for public shelter or housing facility; Commercial kitchen and dining area; 7 Spacious Offices and Conference Room**
More about this property
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