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Property profile & analytics
OFF-MARKET
Office Spaces

518 High School Ave Columbia, MS 39429

Property ID
Property summary
AI-generated overview

This exceptional commercial property located at 518 S High School in Columbia, MS, presents a unique investment opportunity. Previously the Coca-Cola plant, this building has been thoughtfully repurposed to offer a versatile mix of spaces. The main building comprises 13 individual offices, perfect for a variety of businesses or a single large operation. Four bathrooms and a kitchen provide ample amenities for employees and tenants. An added benefit is a sizable 4000 square foot warehouse, ideal for storage or light manufacturing. Adding to the property's appeal is a separate upstairs apartment, offering additional rental income potential or private office space. The seller is offering a significant price reduction, making this an even more attractive proposition. Furthermore, the owner is open to leasing the building in two separate sections, providing flexibility for potential tenants. A lease with an option to purchase is also available, offering a unique pathway to ownership. This property's diverse layout and multiple income streams make it an excellent investment opportunity for savvy buyers seeking a high-return asset in a desirable location. The building's history and substantial size offer significant potential for various business ventures. Don't miss this chance to acquire a truly remarkable commercial property. The asking price is $349,000.

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
Current use
Occupant on record · Public records
  • LPL Financial Financial Advisor
  • Pierre's Air Conditioning & Heat LLC HVAC Service General Contractor
  • Mt Gilead Improve Water Association Water Utility Company
  • Southern Environmental LLC Environmental Consultant
  • Powell Melvin Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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