2110 5th St Meridian, MS 39301-5130
- Retail space
- 2,322 SF
- 0.06 lot acres
Current Use by Public Records
- Edward Jones - Financial Advisor: Lisa Mabry-Culbreth / Investment Service / Stock Broker
Property Details for 2110 5th St
- Year built
- 1945
- Construction
- STEEL FRAME
- Lot size
- 0.06 lot acres
- Property size
- 2,322 SF
- Property type
- Retail space
- APN
- 84181348900100700
- APU
- 84181348900100700
Description
This exceptional special purpose property, located at 2110 5th Street in Meridian, Mississippi, presents a compelling investment opportunity. The property boasts a sizable 2,475 square foot lot and is currently generating income from a dual-tenancy arrangement. A portion of the building is leased to a well-established law firm, while another section is occupied by an investment company. This diverse tenancy structure provides a stable and reliable revenue stream for the investor. The property's address is 2110 5th Street, Meridian, MS 39305, situated in Lauderdale County. The asking price for this income-producing asset is $225,000. Given the current lease agreements in place, this property offers immediate cash flow potential. Further details regarding the specific lease terms and conditions are available upon request. This is an excellent opportunity for investors seeking a stable, income-generating property in a desirable Meridian location. The property's strategic location and existing tenancy make it an attractive investment prospect. Serious inquiries are encouraged to explore this opportunity further.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Lauderdale
- State
- Mississippi
- Longitude
- -88.6993
- Latitude
- 32.3646
- CBSA code
- 32940
- CBSA name
- MERIDIAN, MS MICROPOLITAN STATISTICAL AREA
