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    518 High School Ave Columbia, MS 39429
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    518 High School Ave, Columbia, MS 39429

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    • Office Spaces
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by 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

    Property Details for 518 High School Ave

    Property type
    Office Spaces

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Columbia
    County
    Marion
    State
    Mississippi
    Longitude
    -89.8324
    Latitude
    31.2502
    More about this property
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