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    814 22Nd Ave Meridian, MS 39301

    For Sale
    $1,350,000

    Historic Meridian office building, 32,852 SF.

    Property size:
    32,852 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a single-story, 32,852-square-foot office building located at 814 22nd Avenue in Meridian, Mississippi. Built in 1911, this property boasts significant renovations completed in 1948 and 1968, ensuring a blend of historic charm and modern functionality. Situated on a sizable 0.89-acre lot, the building is zoned B-5 (Central Business District), offering considerable flexibility for a variety of commercial uses. The property's substantial square footage provides ample space for a wide range of business operations, making it an ideal choice for both owner-occupiers and investors seeking a strong return. Its prime location in Meridian's central business district offers excellent visibility and accessibility. This is a rare chance to acquire a well-maintained, historically significant commercial property with significant potential for growth and development. The building's single-story design offers ease of access and efficient use of space. The property's history and substantial size make it a unique and attractive investment opportunity in the thriving Meridian market. The B-5 zoning allows for a diverse range of commercial uses, maximizing the potential for future income generation and adaptability to changing market demands. This is a truly remarkable property with a rich history and a bright future.

    Property Features for 814 22Nd Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    32,852 SF
    Lot Size
    38,899 SF

    Building Details

    Year Built
    1911
    Buildings
    1
    Stories
    1

    HighLights

    • 32,852 SF single‑story office building in Meridian, MS.
    • Located on a 0.89‑acre lot in the Central Business District (B‑5 zoning).
    • Built in 1911 with renovations in 1948 and 1968.
    • Excellent visibility and accessibility in a prime location.
    • Suitable for owner‑occupiers and investors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Meridian Star Newsstand Magazine 393 Publisher

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.7000579
    Latitude
    32.365515

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Meridian office building, 32,852 SF.
    Where is this office property / space located?
    The property is located at 814 22Nd Ave Meridian, 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: 32,852 SF single-story office building in Meridian, MS.; Located on a 0.89-acre lot in the Central Business District (B-5 zoning).; Built in 1911 with renovations in 1948 and 1968.
    Request Owner's contact information
    814 22Nd Ave Meridian, MS 39301
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    Meridian, MS 39301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    814 22Nd Ave Meridian, MS 39301
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