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Property profile & analytics
OFF-MARKET
Commercial real estate

106 Main Ave Magee, MS 39111

6,996 SF 0.5 ac lot Built 1920
Property ID
Property summary
AI-generated overview

This exceptional 6,996 square foot commercial building is situated on a prime 0.5-acre lot in the heart of Magee, Mississippi. Boasting a unique dual-access design, the property features a main entrance on North Main Avenue and a rear entrance conveniently located on Highway 149, ensuring high visibility and accessibility. The interior layout comprises three expansive open areas, ideal for retail, warehousing, or flexible workspace, complemented by three sizable private offices, perfect for administrative functions or individual businesses. A significant portion of the building underwent a complete renovation in 2019, resulting in a stunning blend of modern amenities and historical charm. This renovation included the installation of a brand-new roof and the transformation of the rear section, showcasing exposed brick walls, attractive wood flooring, and a cozy gas fireplace. The existing structure also presents the exciting possibility of converting a portion into a two-bedroom apartment, adding further value and versatility. This rare opportunity to acquire Main Avenue real estate in Magee is not to be missed

Property profile
Verified
Property type Commercial real estate
Year built 1920
Total area 6,996 SF
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ZenLife Energy Yoga Studio Gym & Fitness Center
  • Ringo Media Magee Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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