109 Capital St Jackson, MS 39201
- Commercial real estate
- 30,000 SF
- 0.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 109 Capital St
- Year built
- 1950
- Lot size
- 0.50 lot acres
- Property size
- 30,000 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use property, located at 109 E East Capital Street in the heart of Jackson, MS, presents a unique redevelopment opportunity for discerning investors. The complex encompasses three buildings totaling 30,000 square feet on a half-acre lot. One building, a former boutique, offers 5,000 square feet of adaptable space. A second building, spanning 15,000 square feet, currently features a ground-floor restaurant and an upper-level nightclub, showcasing existing infrastructure and potential for diverse uses. The third building, a 10,000 square foot former museum situated on a prominent corner lot, provides significant visibility and potential for a flagship tenant or unique concept. The property's prime downtown location offers easy access to amenities, transportation, and a vibrant urban environment. Its historical character and potential eligibility for tax credits further enhance its investment appeal. This is a rare chance to acquire a substantial property with significant upside potential in a rapidly developing area. The asking price is $1,800,000. This presents a compelling opportunity for retail, dining, office, or entertainment ventures.
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
- Jackson
- County
- Hinds
- State
- Mississippi
- Longitude
- -90.1844
- Latitude
- 32.2933
