121 Front St St Forest, MS 39074
This exceptional Forest, MS commercial property, located just one block from the Scott County Courthouse, offers a unique blend of historic charm and modern functionality. The property encompasses two buildings situated on a 0.67-acre lot. The main building, a meticulously restored 1923 structure boasting nearly 6,800 square feet of interior space, features exposed brick, heart of pine beams and flooring. Currently housing a salon and event venue with reception areas, private offices, storage, restrooms, and a kitchen, it's adaptable for various commercial uses, including retail or restaurant operations. Multiple electrical meters allow for easy division into multiple units. An adjoining 1967 metal warehouse, offering over 6,000 square feet of space, is ideal for storage or conversion into a large gathering space or light industrial use. The property also includes a fenced, 6,000+ square foot storage area. Its prime downtown location, across from city parks, benefits from a revitalized pedestrian-friendly area with growing retail, office, and residential development. Conveniently located near the geographic center of Mississippi, it's 35 minutes from Jackson Medgar Evers International Airport and 40 minutes from downtown Meridian. This property presents a rare opportunity to own a piece of Forest's rich history while capitalizing on its vibrant future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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