501 Main Ave, Magee, MS 39111
This exceptional investment opportunity presents three established commercial buildings totaling over 24,000 square feet situated on a 1.8-acre lot in the heart of Magee, Mississippi, at 501 S Main Avenue. The property boasts a prime location on Main Avenue, ensuring high visibility and accessibility for businesses. The complex comprises three separate buildings, each currently occupied by tenants, providing immediate cash flow. One building offers over 13,000 square feet of space, another provides more than 6,000 square feet, and the third building encompasses approximately 5,000 square feet. The exact square footage of each building is approximate and should be verified independently. This is a unique opportunity to acquire a substantial retail portfolio in a thriving Mississippi community. All three buildings are being sold as a single package, presenting a compelling investment opportunity for a buyer seeking a multi-tenant commercial property with established income streams. Further details regarding tenant leases and financial information are available upon request. This property is offered at $990,000. Serious inquiries only.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.