107 State St Jackson, MS 39201-2811

Property Details for 107 State St

Year built

1940

Lot size

0.05 lot acres

Property size

2,279 SF

Property type

Commercial real estate

APN

0033 0005 000

APU

330005000

Description

This exceptional two-story office building, located at 107 State Street in Jackson, Mississippi's central business district (CBD), presents a unique investment opportunity. Built in 1940, this 2,378 square foot traditional office building offers a blend of historic charm and modern functionality. The property features a thoughtfully designed layout, including a welcoming waiting/reception area and three to four offices on the ground floor. Upstairs, a spacious room with a full bathroom provides ample flexibility for various uses. The building sits on a single lot and is zoned for CBD use. The asking price is $225,000, translating to a price per square foot of $94.62. This represents a compelling opportunity to acquire a well-maintained, historically significant property in a thriving downtown area. The gross lease structure simplifies ownership and management. The property's single tenancy provides straightforward occupancy management. This property is ideal for owner-occupiers or investors seeking a strong foothold in Jackson's vibrant commercial real estate market. The building's location within the CBD ensures high visibility and accessibility. This is a rare chance to own a piece of Jackson's history while capitalizing on the city's continued growth. The property's solid construction and desirable location promise a stable and potentially appreciating asset.

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Longitude

-90.1806

Latitude

32.2996

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments