Current Use by Public Records
- Commercial real estate
Property Details for 1589 Ms-178
- Lot size
- 0.98 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, situated on a 0.98-acre lot at 1589 W MS-178 in Myrtle, Mississippi, presents a unique investment opportunity. The property boasts a substantial 10,610 square foot building, ideally suited for a variety of commercial uses. The building comprises two main sections: a recently updated 1,688 square foot office space featuring central heating and air conditioning, and an 8,922 square foot warehouse equipped with two central air units. The warehouse previously functioned as a cabinet shop, retaining features such as an existing wood kiln and paint booth. The property benefits from essential infrastructure including 3-phase power and fiber optic connectivity, along with convenient bay doors for easy access and loading. Its versatile layout and ample space make it suitable for diverse businesses, including auto repair shops, maintenance facilities, material storage, or similar ventures. The property's strategic location offers excellent visibility and accessibility, with an estimated 2,600 average daily vehicles passing on Highway 178 West in 2022, according to MDOT. Its central location provides convenient access to several key regional cities: New Albany (6 miles), Ripley (23 miles), Holly Springs (28 miles), Tupelo (33 miles), Pontotoc (24 miles), and Oxford (32 miles). This property represents a compelling combination of size, functionality, and location, making it an attractive prospect for discerning investors and business owners. The asking price is $239,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Myrtle
- County
- Union
- State
- Mississippi
- Longitude
- -89.1018
- Latitude
- 34.5448
