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    308 Pearl St Jackson, MS 39201

    For Lease
    $16 SF/Yr

    Historic Jackson Office Space, 7 Suites Available

    Lot size:
    104,041 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    Electric 308, a prominent landmark in Jackson, MS's central business district, presents a unique investment opportunity. This historically significant building, listed on the Smith Park Architectural District Historical Register, boasts 104,041 square feet across ten stories and was originally constructed in 1926. Extensive renovations completed in 2004 transformed the building into a mixed-use facility, seamlessly blending modern amenities with its rich historical character. Currently, seven office spaces are available, ranging from 1,842 to 11,238 square feet, catering to a variety of business needs. The building features a single structure with multiple tenants and offers a blend of medium and large office configurations. Located in the heart of downtown Jackson, Electric 308 provides unparalleled access to the city's vibrant cultural scene, diverse culinary offerings, and thriving business community. The building is equipped with elevators for convenient access to all floors. Its prime location on West Street, within Hinds County, places it at the center of Jackson's revitalization efforts, making it an ideal location for businesses seeking a prestigious and historically significant address. The building's mixed-use nature, including retail space on the first floor, further enhances its appeal and contributes to the dynamic energy of the surrounding area. This is a rare chance to secure office space in a landmark building in the heart of Jackson's central business district.

    Property Features for 308 Pearl St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,041 SF
    Total Rate
    138721.33

    Building Details

    Year Built/Renovated
    1926/2004
    Buildings
    1
    Stories
    10

    Unit(s) available at that property

    Space
    102-A
    Size
    2,500 SF
    Rate per SF
    $18
    Space
    201
    Size
    2,352 SF
    Rate per SF
    $20
    Space
    400
    Size
    11,238 SF
    Rate per SF
    $18
    Space
    101
    Size
    2,548 SF
    Rate per SF
    $18
    Space
    200
    Size
    11,238 SF
    Rate per SF
    $20
    Space
    500
    Size
    11,238 SF
    Rate per SF
    $18
    Space
    203
    Size
    1,842 SF
    Rate per SF
    $16

    HighLights

    • 104,041 SF office and retail building in Jackson, MS.
    • Ten‑story building with one building, constructed in 1926 and renovated in 2004.
    • Located in the Smith Park Architectural District, in Jackson's central business district.
    • Multiple tenants, with 7 office spaces available ranging from 1,842 SF to 11,238 SF.
    • Features elevators.
    Property Profile Location Intelligence

    Current Use by Public Records

    Baria-Jones PLLC Attorney JXN Welcome Center Visitor Center JBHM Architecture Architect Physician Hospice Care Hospice

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.1839263
    Latitude
    32.2987922

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    FAQs

    What type of property is this?
    Retail property - Historic Jackson Office Space, 7 Suites Available
    Where is this retail property located?
    The property is located at 308 Pearl St Jackson, MS.
    What is the lease rate?
    The lease rate is $16-$20 SF/Yr.
    What are key features of this property?
    This property features: 104,041 SF office and retail building in Jackson, MS.; Ten-story building with one building, constructed in 1926 and renovated in 2004.; Located in the Smith Park Architectural District, in Jackson's central business district.
    Request Owner's contact information
    308 Pearl St Jackson, MS 39201
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    Jackson, MS 39201
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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
    308 Pearl St Jackson, MS 39201
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