1305 22Nd Avenue Hts Meridian, MS 39301
This exceptional 2,144 square foot special purpose building is ideally situated in the heart of Meridian's medical district at the corner of 22nd Avenue and 13th Street. Boasting an attractive architectural design featuring modern mirror glass, this property offers a unique opportunity for a variety of uses. Originally constructed as a bank, the building retains its original vault, a secure and intriguing feature. The property sits on a generous 17,640 square foot lot, providing ample parking both on-site and via convenient street parking. The asking price for this turnkey property is $599,000. Its prime location within the thriving medical district offers excellent visibility and accessibility, making it an attractive investment for discerning buyers. The building's modern aesthetic and unique history combine to create a truly distinctive commercial space. The substantial lot size allows for potential expansion or redevelopment, further enhancing its investment potential. This property presents a rare opportunity to acquire a well-maintained, architecturally striking building in a high-demand area. Serious inquiries are encouraged.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.