511 23Rd Ave Meridian, MS 39301

Property Details for 511 23Rd Ave

Year built

1925

Lot size

0.06 lot acres

Property size

2,648 SF

Property type

Retail space

APN

84182349000500400

APU

84182349000500400

Description

This exceptional investment opportunity in Meridian, Mississippi, presents three buildings and three vacant lots totaling $1,250,000. Located directly across from the Mississippi State University Meridian downtown campus at 511 23rd Avenue, this property boasts significant potential for redevelopment and repurposing. The existing structures are in good structural condition, offering a solid foundation for a variety of uses. Imagine transforming this property into a thriving mixed-use development, incorporating office spaces, residential apartments on the second floor, retail shops, or a small business hub. The three vacant lots provide ample space for parking or further expansion, enhancing the property's overall value and functionality. The address is 511 23rd Avenue, Meridian, MS 39301, in Lauderdale County. This unique offering combines the benefits of a prime location with the flexibility to create a tailored commercial venture. The property's strategic position across from the MSU Meridian campus ensures high visibility and accessibility, making it an attractive proposition for investors seeking a high-return project with substantial upside. The existing buildings provide a solid base for immediate development, minimizing initial investment costs and accelerating the return on investment. Don't miss this chance to acquire a significant commercial property in a rapidly growing area.

Location Insight

City

Meridian

County

Lauderdale

State

Mississippi

Longitude

-88.7014

Latitude

32.3635

CBSA code

32940

CBSA name

MERIDIAN, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments