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308 E Pearl Street, Jackson, MS 39201

$5,200,000
Property Type: Commercial Sale Square Footage: 110,500 Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $5,200,000 List Date: 11/15/2024 Last Modified: 2/12/2025

Description

Electric 308, a part of the Smith Park Architectural District Historical Register, is a historic gem nestled in downtown Jackson, Mississippi. Originally constructed in 1930, this distinguished property underwent a complete renovation in 2004, blending its timeless architecture with modern amenities to create a space that epitomizes both charm and functionality. Home to Entergy Mississippi's headquarters, JBHM Architects and the Jackson Convention and Visitor's Bureau, the prime location is the heart of Jackson's urban landscape offering unparalleled visibility and accessibility for businesses seeking prominence and convenience. With its historic facade and contemporary interiors, 308 E. Pearl St. presents a unique opportunity to own a piece of Jackson's rich heritage while enjoying the comforts of modern living. The mixed-use property is ideally suited for a variety of uses, including retail, dining, office space and other creative ventures in addition to its fifteen residential units occupying the top two floors. Its strategic position amidst a vibrant mix of cultural attractions, boutique shops, and renowned restaurants ensures a steady flow of foot traffic and exposure for businesses looking to thrive in downtown Jackson. More than just a property—it's a testament to Jackson's storied past and vibrant future. With its blend of historic character and modern amenities, this iconic space offers limitless possibilities for entrepreneurs and investors alike.

More Information MLS# 4096890

Address and Location Information

Street Number: 308 Street Direction: E Street Name: Pearl Street Suffix: Street County: Hinds State: MS Zip Code: 39201 Nearest Cross Street: S Pearl Street Parcel Number: 192-4 Subdivision: Metes And Bounds Community Of: N/A

Listing Information

Status: Active List Date: 2024-11-15 List Price: $5,200,000 Current Price: $5,200,000 Property Sub Type: Office Listing Service: Full Service Never Occupied: No

General Property Information

Approx Lot Size Acres: 0.26 Lot Size Dimensions: 150x75 Approx H/C SqFt: 110500 SqFt Source: Plans List Price/SqFt: 47.06 Year Built: 1930 Year Built Source: Owner Total Floors: 10 Accessibility Features: Yes

Tax and Financial Information

Tax Annual Amount: 157538 Tax Year: 2023 Flood Insurance Required?: No Leasehold Y/N: No Legal Description: S 1/2 LOT 6 & S 1/2 LOT 5 LESS 11 FT E/S SQ 11 S J Complex Name: Electric 308

Commercial Features

Frontage Feet: 150 Number of Elevators: 3

Auction

Auction: No

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: Yes

Property Features

Business Type: Professional Service; Professional/Office; Restaurant; Retail Current Use: Mixed Use; Multi-Family; Office; Retail Structure Type: Highrise 6+ Floors Lot Features: City Lot; Corner Lot Location: Central Business District Levels: Other
Listing Office: Overby, Inc.
Listing Agent: Scott Overby
Last Updated: February - 12 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.