For Sale
$995,000

255 Us-61Natchez, MS 39120

Seven Buildings, 19,434 SF, High Rental Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity in Natchez, Mississippi, presents a portfolio of seven freestanding buildings totaling 19,434 square feet on a substantial 4.8-acre lot. Located at 255 US-61, this mixed-use property (Retail and Office) offers significant rental income potential. The property is zoned I-1 and features a single-story configuration built in 1960. Four of the buildings are currently generating monthly rental income, while two are immediately available for lease. Detailed floor plans for all six buildings are available upon request. The asking price is $995,000, translating to $51.20 per square foot. This property's size, location, and existing rental income stream make it an attractive proposition for investors seeking a strong return on investment in a vibrant Mississippi market. The property includes two separate parcel identification numbers: PPIN # 4905 & PPIN # 26212. This is a rare opportunity to acquire a well-established, multi-building property with immediate income generation and significant upside potential. The property's strategic location on US-61 ensures high visibility and accessibility.

Highlights

  • Asking price: $995,000.
  • Mixed-use property totaling 19,434 square feet, with a price per square foot of $51.20.
  • Seven buildings on a 4.8-acre lot, all single-story.
  • Built in 1960, zoned I-1.
  • Located at 255 US-61, Natchez, MS 39120 (APN: PPIN # 4905 & PPIN # 26212).
  • Excellent rental investment opportunity with six freestanding buildings, four currently leased month-to-month.

Property Details for 255 Us-61

Property type
Retail properties, Office properties
Square Feet
19,434 SF
Year Built
1960
Buildings
7
Stories
1
Lot Size (sq. ft)
209,088 SF

Location Insight

City
Natchez
County
Adams
State
Mississippi
Latitude
31.5128434
Longitude
-91.3802028
255 Us-61, Natchez, Mississippi

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255 Us-61
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