For Sale
$275,000

247 Cayuga StUtica, MS 39175

Vacant 26,000 SF Shopping Center, $275,000

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a vacant 26,000 square foot shopping center located at 247 Cayuga St, Utica, Mississippi, 39175. The property, identified by APN 4968-767-4, is classified as retail and mixed-use, previously operating as a grocery store strip center. Currently vacant, this multi-tenant property offers significant potential for redevelopment or lease to new tenants. The asking price is $275,000, translating to $10.58 per square foot. The property's lease type is gross. While the previous tenant was Dollar General, the property is currently unoccupied, presenting a blank canvas for a new owner to shape its future. The property is situated in Hinds County, Mississippi, offering access to a local market. Note that the provided cap rate information is inaccurate and should be independently verified. This property is ideal for investors seeking a value-add opportunity in a growing market. Further due diligence is recommended to fully assess the potential of this significant retail space. The price per unit is listed as $22.12, though the exact number of units requires further clarification.

Highlights

  • Vacant 26,000 SF shopping center in Utica, MS.
  • APN 4968-767-4, retail/mixed-use, previously a grocery store strip center.
  • Asking price: $275,000 ($10.58/SF), gross lease.
  • Located in Hinds County, MS.
  • Value-add opportunity for investors.

Property Details for 247 Cayuga St

Property type
Lifestyle centers, Power centers
Square Feet
26,000 SF

Location Insight

City
Utica
County
Hinds
State
Mississippi
Latitude
32.11464721
Longitude
-90.62513488
247 Cayuga St, Utica, Mississippi

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247 Cayuga St
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