120 Vlg Blvd Madison, MS 39110-8423
- Office Properties & Spaces
- 4,181 SF
- 0.89 lot acres
Nov 12, 2024
Current Use by Public Records
- Sitters LLC / Home Health Care Service
- AIM Resource Center / Educational Testing Service
- Corbin & Associates, PLLC. / Accountant
- Educational Materials Spec Inc / Educational Consultant
- Miller Angela CPA / Accountant
Property Details for 120 Vlg Blvd
- Year built
- 2008
- Lot size
- 0.89 lot acres
- Property size
- 4,181 SF
- Property type
- Office Properties & Spaces
- APN
- 072D-17C-054/09
- APU
- 072D17C05409
Description
This exceptional 4,200 square foot, single-story office building, constructed in 2008, presents a compelling investment opportunity in Madison, Mississippi. Located at 120 Village Blvd, this Class B property boasts a prime location with convenient access to Highway 51. The building is currently configured as a two-tenant space, each suite offering a reception area, five private offices, a workroom, a conference room, a kitchenette, and separate restrooms for men and women. Ample parking is available with 15 spaces situated on a sizable 0.88-acre lot. The asking price is $715,000, translating to $170.24 per square foot. This presents a unique opportunity for investors, as the current owner is willing to lease back one of the suites, providing immediate and consistent rental income. The building's layout and amenities make it ideal for a variety of professional uses. Its strategic location and strong potential for rental income make this a highly attractive investment prospect. The property's size and layout offer flexibility for future tenants or potential expansion. This is a rare opportunity to acquire a well-maintained, income-producing office building in a thriving Mississippi market.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Mississippi
- Longitude
- -90.1167
- Latitude
- 32.4466
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA