Office and Apartment Mixed-Use
507 Franklin Street, Natchez, MS 39120
For Sale
$1,350,000
The property combines professional office space, two upstairs apartments, a large garage, and a basement.
Property Size10,500 SF
Price / SF$128.57
Days on Market153
Property Features for 507 Franklin Street
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Additional Details
Property Use
Amenities
kitchen
conference room
storage rooms
Building Details
Building Size
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
Stedman Ulmer Properties
Listed By:
Sue Stedman
(601) 442-2286
Source:
Brittbarnes
Added: Jun 10
Changed: Nov 8
Last Checked: Nov 9 at 9:59AM
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 Stedman Ulmer Properties
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Investment Insights
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This mixed-use building contains 2,574 square feet of office space on the main floor, arranged with eight offices, a kitchen, conference and storage rooms, and 14-foot and 10-foot ceilings. A 35-by-80-foot garage accommodates six cars and has an automatic door. The 35-by-85-foot basement is accessed from the main floor, has 9-foot ceilings, and is partially heated and cooled. Two apartments occupy the upper floor: Apartment A is 1,200 square feet with two bedrooms and two bathrooms; Apartment B is 950 square feet with one bedroom and one and a half bathrooms. Both apartments have laundry/utility rooms and walk-in closets, and Apartment B opens to a 35-by-25-foot deck. Upper-floor ceilings are 11 feet throughout.
The building dates to 1890, with renovations to the building and mechanical systems completed in 1996. It is located at 507 Franklin Street in Natchez, Mississippi, and is zoned General Business.
The building dates to 1890, with renovations to the building and mechanical systems completed in 1996. It is located at 507 Franklin Street in Natchez, Mississippi, and is zoned General Business.
Key Highlights
- 2,574 square feet of main‑floor office space with eight offices
- Two upstairs apartments: 1,200 square feet with 2 bedrooms and 2 bathrooms, and 950 square feet with 1 bedroom and 1.5 bathrooms
- 35' x 80' six‑car garage with automatic door
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
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Business Placement
Demographics for 39120, MS
29,634
Population
14,963
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
83%
High-School Grad
484.2 sq mi
ZIP Area
61
Density / Sq Mi
$40,586
Median Household Income
$33,334
Median Earnings
$720
Median Rent
$106,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines professional office space, two upstairs apartments, a large garage, and a basement.
Where is this mixed-use property located?
The property is located at 507 Franklin Street Natchez, MS.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2,574 square feet of main‑floor office space with eight offices; Two upstairs apartments: 1,200 square feet with 2 bedrooms and 2 bathrooms, and 950 square feet with 1 bedroom and 1.5 bathrooms; 35' x 80' six‑car garage with automatic door
