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Downtown Office Building with Parking
For Sale
$425,000

501 State Street, Jackson, MS 39201

One-story office building in downtown with front and rear parking.

Property SizeContact for details
Days on Market159

Property Features for 501 State Street

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 1985
Listing Agency: Speed Commercial Real Estate
Listed By: Jeff Speed, CCIM · License #MS #16810
Source: Speedcres
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 12 at 4:45AM

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.

This standalone one-story building is located at the corner of State Street and Court St, in the heart of downtown. It features a front parking lot with eight spaces and a gated rear parking lot with twelve spaces. The interior includes three large offices, a break area, a reception area, a separate waiting room in the front, two bathrooms, and a spacious conference room. It is within walking distance of the courthouse, post office, and federal buildings. The property is conveniently situated near restaurants and shops, with easy access to the interstate.

Key Highlights

  • Prime downtown location at the corner of State Street and Court St, offering high visibility and accessibility.
  • Ample parking with 20 spaces (8 in front, 12 gated in rear).
  • Functional layout featuring three large offices, a spacious conference room, and a separate waiting room.

Property Analytics

Current Use

John Colette & Associates Law Firm Barnett Law Firm Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Nail Salon Barber Shop Locksmith Pet Store

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

1,038
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 - One-story office building in downtown with front and rear parking.
Where is this office building located?
The property is located at 501 State Street Jackson, MS.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Prime downtown location at the corner of State Street and Court St, offering high visibility and accessibility.; Ample parking with 20 spaces (8 in front, 12 gated in rear).; Functional layout featuring three large offices, a spacious conference room, and a separate waiting room.
More about this property
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