15 Bill Hancock Rd Coldwater, MS 38618
- Commercial real estate
- 646 SF
- 2.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 15 Bill Hancock Rd
- Year built
- 1987
- Lot size
- 2.00 lot acres
- Property size
- 646 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 15 Bill Hancock Road in Coldwater, Mississippi, presents a unique investment opportunity. Spanning two acres of land in the heart of downtown, this property is zoned C-1, making it ideal for a wide range of commercial ventures. A key feature is the existing US Post Office situated on the property, currently leased out to a tenant, providing immediate and consistent rental income. The property's 646 square feet of existing building space offers potential for expansion or adaptation to suit a new business's needs. The strategic location offers high visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. Furthermore, an adjacent commercial lot of approximately 1.77 acres is also available for purchase, presenting the opportunity to acquire a combined total of approximately 3.77 acres of prime downtown real estate. This combined acreage offers significant potential for development and expansion, allowing for a larger-scale commercial project or the creation of a substantial commercial campus. The asking price for this exceptional property is $430,000. Don't miss this chance to own a piece of Coldwater's thriving commercial landscape.
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
- Coldwater
- County
- Tate
- State
- Mississippi
- Longitude
- -89.8098
- Latitude
- 34.7057
