119 Ivy St Ellisville, MS 39437-2637
This exceptional 9,630 square foot retail property, located at 119 Ivy St Bldg 2, Ellisville, MS 39437, presents a unique investment opportunity. The building, constructed circa 1900, boasts a captivating blend of historical charm and modern functionality. Its eclectic layout is ideal for a variety of uses, including a flea market, event venue, restaurant, or other retail ventures. The property features high ceilings with exposed beams, showcasing its historical character. A notable feature is the balcony that wraps around four sides of the front section of the building. For ease of access to the second floor, a freight elevator is conveniently located in the rear. Recent improvements include a new silicone roof installed in April 2021, complemented by spray foam insulation. The building's substantial size, ranging from 7,501 to 10,000 square feet, offers ample space for diverse business needs. Explore the numerous nooks and crannies throughout the first and second floors, revealing the building's unique character. This property is available for purchase, and a package deal with MLS#36176 is also an option, offering potential price reductions. The asking price is $415,000. A virtual tour is available online.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.