501 Main Ave Magee, MS 39111
- Retail properties
- 24,000 SF
- 1.80 lot acres
Current Use by Public Records
- Retail properties
Property Details for 501 Main Ave
- Year built
- 1970
- Lot size
- 1.80 lot acres
- Property size
- 24,000 SF
- Property type
- Retail properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Magee
- County
- Simpson
- State
- Mississippi
- Longitude
- -89.7322
- Latitude
- 31.8678
