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Property profile & analytics
OFF-MARKET
Office buildings

1108 19th Ave Meridian, MS 39301-4112

1,165 SF 0.11 ac lot Built 1944
Individually Owned Absentee Owner Free & Clear
Property ID
US50-0421050
Property summary
AI-generated overview

This charming 1,167 square foot building, situated on a 7,500 square foot lot at 1108 19th Avenue in Meridian, Mississippi, presents a unique investment opportunity. Built in 1944, this special purpose property boasts undeniable character, having served as a legal office for nearly four decades. Its prime downtown location offers convenient proximity to Meridian's hospitals and medical facilities, making it ideal for a variety of professional uses. The building's craftsman style is evident in its beautiful hardwood floors, elegant archways, textured plaster walls, and solid wood doors. The property's rich history is palpable, offering a blend of vintage charm and modern potential. Adjacent to the Rush/Ochsner facility and its parking lot, this property provides ample parking convenience. The asking price is $165,000. This is a rare opportunity to acquire a piece of Meridian's history and establish a thriving business in a highly desirable location. The property's unique features and central location make it a compelling investment for those seeking a distinctive commercial space. The zip code is 39301.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1944
Total area 1,165 SF
Lot 0.11 ac (4,800 SF)
APN 84181348101500400
UPID US50-0421050
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
  • Bresnahan Robert J Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
ROBERT J BRESNAHAN
ROBERT J BRESNAHAN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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