500 Martin Luther King Jr St Natchez, MS 39120
- Commercial real estate
- 4,583 SF
- 0.70 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 500 Martin Luther King Jr St
- Year built
- 1978
- Lot size
- 0.70 lot acres
- Property size
- 4,583 SF
- Property type
- Commercial real estate
Description
This exceptional 4,583 square foot building, situated on a 0.7-acre lot at 500 N Martin Luther King Jr Street in Natchez, MS, presents a unique investment opportunity. Previously operating as a thriving medical facility, this well-maintained property boasts a thoughtfully designed layout. Key features include a sizable reception area with ample filing space and a large waiting room, catering to high patient volume. Multiple patient rooms, offices, and restrooms are strategically positioned on either side of the building, making it perfectly suited for shared occupancy by different medical practices or similar businesses. The building's versatile design, however, allows for a range of alternative uses, presenting significant potential for a forward-thinking entrepreneur. The property is conveniently located in a B-1 zoned area, designated as a neighborhood business district, ensuring easy access and high visibility. An adjacent lot is also available for purchase separately, offering further expansion possibilities. This property is ready for immediate occupancy and presents a compelling investment opportunity in a vibrant Natchez location. Schedule a viewing to explore the full potential of this remarkable building.
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
- -91.3968
- Latitude
- 31.5612