255 Us-61 Natchez, MS 39120
- Retail properties
- 19,434 SF
- 4.80 lot acres
Current Use by Public Records
- Retail properties
Property Details for 255 Us-61
- Year built
- 1960
- Lot size
- 4.80 lot acres
- Property size
- 19,434 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity in Natchez, Mississippi, presents a portfolio of seven freestanding buildings totaling 19,434 square feet on a substantial 4.8-acre lot. Located at 255 US-61, this mixed-use property (Retail and Office) offers significant rental income potential. The property is zoned I-1 and features a single-story configuration built in 1960. Four of the buildings are currently generating monthly rental income, while two are immediately available for lease. Detailed floor plans for all six buildings are available upon request. The asking price is $995,000, translating to $51.20 per square foot. This property's size, location, and existing rental income stream make it an attractive proposition for investors seeking a strong return on investment in a vibrant Mississippi market. The property includes two separate parcel identification numbers: PPIN # 4905 & PPIN # 26212. This is a rare opportunity to acquire a well-established, multi-building property with immediate income generation and significant upside potential. The property's strategic location on US-61 ensures high visibility and accessibility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Natchez
- County
- Adams
- State
- Mississippi
- Longitude
- -91.3802
- Latitude
- 31.5128
