1420 Washington St Vicksburg, MS 39180
This vacant, 16,100 square foot retail/flex building is situated in the heart of Vicksburg, Mississippi, at the prominent corner of Washington Street and South Street. Currently unoccupied, this property presents a unique redevelopment opportunity for investors and users seeking to capitalize on the ongoing revitalization of downtown Vicksburg. The expansive, mostly open floor plan allows for flexible configuration to suit a variety of uses. The building's location on Washington Street offers excellent visibility and accessibility. Downtown Vicksburg is experiencing a surge in growth, with new restaurants, retail establishments, and condo conversions complementing the area's established historic businesses. This presents a compelling investment prospect for those looking to be part of a thriving urban core. The property's size and central location make it ideal for a wide range of commercial ventures. This is a chance to acquire a significant footprint in a dynamic and improving downtown area. The building is available for immediate occupancy, allowing for swift implementation of redevelopment plans. Serious inquiries are encouraged to explore the potential of this exceptional property.
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Sassy Seconds Vicksburg, LLC Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.