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Property profile & analytics
OFF-MARKET
Office Spaces

242 Church St Columbia, MS 39429

Property ID
Property summary
AI-generated overview

This exceptional commercial building, located at 242 Church Street in the heart of downtown Columbia, Mississippi, presents a unique investment opportunity. Priced at $50,000, the property offers significant versatility and potential for a variety of uses. Currently configured as a cooking school, the space is easily adaptable to a wide range of businesses. Imagine establishing a thriving hair or nail salon, creating modern office space, or opening a retail establishment. Alternatively, the building could be converted into a residential apartment, offering a lucrative alternative use. The building benefits from a recently installed roof, complete with a 15-year warranty, ensuring peace of mind for years to come. This prime downtown location provides excellent visibility and accessibility, making it an ideal choice for entrepreneurs and investors seeking a high-impact property. The building's adaptable layout and strong location combine to create a compelling opportunity for significant return on investment. The property sits on a 0-acre lot, offering convenient access and minimal maintenance. Serious inquiries are encouraged to explore the full potential of this versatile commercial space. Don't miss this chance to own a piece of downtown Columbia.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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