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10150 Crk 200 Falkner, MS 38629

  • Commercial real estate
  • 0.24 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 10150 Crk 200

Lot size
0.24 lot acres
Property type
Commercial real estate

Description

This exceptional commercial property, located at 10150 CR 200 in downtown Falkner, Mississippi, presents a unique investment opportunity. The 27-room brick building boasts a versatile layout suitable for a variety of uses. Completely updated in 2012, the property includes ample parking. A key feature is the inclusion of existing living quarters, providing convenient on-site accommodation or potential for additional rental income. Furthermore, an income-producing retail store is currently operational within the building. The property's adaptability extends to medical applications, as it's equipped with exam rooms and a lab, making it ideal for a medical office or clinic. Medical equipment is available for separate purchase. The property sits on a 0.24-acre lot, offering significant space and potential for expansion or outdoor amenities. Priced at $375,500, this property offers a strong return on investment potential due to its diverse income streams and prime downtown location. The building's solid construction and recent updates ensure long-term value and minimal maintenance needs. This is a rare opportunity to acquire a well-maintained, multi-functional commercial property in a thriving Mississippi town. Serious inquiries are encouraged.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Falkner
County
Tippah
State
Mississippi
Longitude
-88.9344
Latitude
34.8421
More about this property
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