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Two-Tenant Mixed-Use Building

507 Front Street, Richton, MS 39476

For Sale
$800,000

Retail and fitness businesses occupy separate suites in a downtown commercial property with on-site parking.

Property Size6,000 SF
Price / SF$133.33
Days on Market179

Property Features for 507 Front Street

General Information

Standard status Active
Size 6,000 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Traffic Count 8,000 vehicles/day
Tenant in Place Yes

Building Details

Building Size 6,000 SF
Year Built 2000
Buildings 1
Tenancy Multi
Listing Agency: Wellhouse Real Estate
Listed By: Parker B Thoms · License #B24883
Source: Brittbarnes
Added: May 15 Changed: Nov 8 Last Checked: Nov 8 at 8:51AM

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 Wellhouse Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 2000, this 6,000-square-foot mixed-use building contains two tenant spaces occupied by a tobacco shop and a fitness center. The property is described as fully leased, with a parking lot offering more than 20 spaces.

The building fronts Front Street in downtown Richton. MDOT reports 8,000 vehicles per day on the roadway, providing a measurable account of passing traffic at this location.

Key Highlights

  • 6,000‑square‑foot building constructed in 2000
  • Two occupied suites: a tobacco shop and a fitness center
  • Parking lot with 20+ spaces

Property Analytics

Current Use

Retail space

Lease Details

8,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

Demographics for 39476, MS

7,489
Population
3,055
Households
2.5
Avg Household Size
41
Median Age
15%
College-Educated
91%
High-School Grad
418.7 sq mi
ZIP Area
18
Density / Sq Mi
$57,787
Median Household Income
$31,950
Median Earnings
$627
Median Rent
$134,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail and fitness businesses occupy separate suites in a downtown commercial property with on-site parking.
Where is this mixed-use property located?
The property is located at 507 Front Street Richton, MS.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 6,000‑square‑foot building constructed in 2000; Two occupied suites: a tobacco shop and a fitness center; Parking lot with 20+ spaces
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