213 Main StStarkville, MS 39759

Property Details for 213 Main St

Year built

1900

Property size (Sq ft)

5,788 SF

Property type

Office buildings

APN

6208

APU

6208

Description

This exceptional 15,042 square foot special purpose property, located at 213 & 217 Main Street in Starkville, Mississippi, presents a unique investment opportunity. The Historic State Theatre boasts a prime downtown location in a thriving SEC college town. The first floor encompasses over 9,014 square feet, featuring a large dance floor/bar area and a full kitchen/dining area. The second floor offers an additional 5,594 square feet, including a commercial bar area and an open-air patio overlooking Main Street. A spacious ballroom on the second floor, equipped with a bar area, is ideal for private parties or rehearsals. A potential bonus feature is a rear elevated deck. The third floor comprises 434 square feet, with a bar overlooking the first floor and a private office. The property sits on a 0.22-acre lot (APN: 118P-00-187.00 and 118P-00-188.00) and is zoned T5-D. With its versatile layout and prominent location, this property offers endless possibilities, including potential conversion of the second floor into condominiums. The asking price is $1,650,000 ($109.69 per square foot).

• CAP approach

  CAP return

  Valuation

  6%

  $970,208

  6.5%

  $895,577

  7%

  $831,607

• Comparable approach

  Method

  Valuation

  Relative Method

  $411,083

  Geo Method

  $1,129,007

• Alternative Use

  Use

  Valuation

  Residential Income

  $1,110,515

  Hospitality / Lodging

  $1,017,226

  Institutional / Educational

  $846,320

  Healthcare / Senior Housing

  $875,426

  Retail / Commercial

  $1,316,498

Location Insight

City

Starkville

County

Oktibbeha

State

Mississippi

Latitude

33.4642

Longitude

-88.8145

CBSA code

44260

CBSA name

STARKVILLE, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].