114 1St St Magee, MS 39111
This exceptional 800-square-foot commercial property, located at 114 NW 1st Street in Magee, Mississippi, presents a fantastic opportunity for a discerning business owner. Recently refurbished, the space boasts modern amenities including central heating and air conditioning, ensuring year-round comfort for both employees and customers. The layout is versatile, suitable for a variety of retail or office uses, offering ample space for showcasing products or establishing a comfortable workspace. A single restroom is conveniently located within the premises. The property is situated in a prime location within Magee, offering excellent visibility and accessibility for potential clients. This is a rare opportunity to acquire a move-in ready commercial space in a thriving community. The asking price for the property is $65,000. Alternatively, the property is also available for lease at a monthly rate of $650, providing flexibility for businesses of varying sizes and financial capabilities. This makes it an ideal investment for both established businesses seeking expansion and entrepreneurs looking to establish a new presence in the Magee market. Don't miss this chance to secure a valuable asset in a desirable location. Contact us today to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.