607 Martin Luther King Jr. Dr Booneville, MS 38829
- Commercial real estate
- 0.65 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 607 Martin Luther King Jr. Dr
- Lot size
- 0.65 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 607 Martin Luther King, Jr. Dr. in Booneville, MS, presents a unique investment opportunity. Spanning over 5,000 square feet on a 0.65-acre lot, the property boasts a versatile layout ideal for a variety of uses. Its history as a church provides a solid foundation, with existing infrastructure well-suited for adaptation. The main structure comprises a 2,600 square foot metal building chapel/sanctuary, professionally connected to a 2,400 square foot modular office building. This modular section offers ample space that could easily be repurposed as classrooms, a daycare center, or numerous other commercial ventures. The entire building benefits from central heating and cooling, ensuring year-round comfort. Convenient asphalt parking is available on-site. Priced at $297,500, this property offers significant potential for return on investment, making it an attractive proposition for savvy investors seeking a flexible and well-maintained commercial space in a desirable location. The existing infrastructure significantly reduces initial setup costs, allowing for a quicker return on investment. Don't miss this chance to acquire a versatile and established property with immense potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Booneville
- County
- Prentiss
- State
- Mississippi
- Longitude
- -88.5519
- Latitude
- 34.6633
