Property summary
This 651-square-foot office space is located in the heart of Historic Downtown Tupelo, Mississippi, at 315 Magazine Street, one block from Main Street. The building, constructed in 1975 and renovated in 2022, offers a Class B office environment within a single-building, 2,748-square-foot complex (APN: 089P-31-095-00). The suite features a reception lobby, a spacious 12' x 16' office or conference room, a kitchen, a break area, and a private restroom. Utilities are included in the rent. The landlord is willing to make improvements for qualified tenants. The property benefits from a combination of public and private parking and is surrounded by city roads, including West Main Street, and enhanced sidewalks. Its prime location places it near financial institutions, legal offices, restaurants, retail businesses, and municipal services. It's also conveniently close to the Fairpark District, a successful urban redevelopment project and entertainment hub. This versatile space is suitable for executive, traditional, or medical office uses. The property is multi-tenant.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Alternative Medicine Practice
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Law Firm Insurance Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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