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330 N Mart Plaza Plaza, Jackson, MS 39206

$549,999
Property Type: Commercial Sale Square Footage: 10,184 Lot Size (sq. ft.): 25,265 Status: Active
Current Price: $549,999 List Date: 10/12/2023 Last Modified: 2/20/2024

Description

Welcome to 330 North Mart Plaza, a prime commercial property investment opportunity located in the bustling heart of Jackson, MS! This 10,273 square foot property is perfect for savvy investors seeking a valuable addition to their portfolio with fantastic cash flow potential. With an annual net income of over $50,000, this investment is truly a goldmine. Situated in a high-traffic area close to the vibrant Fondren district, this property offers great exposure for businesses and is conveniently surrounded by an array of shops, restaurants, and amenities. The well-maintained building features several suites designed to accommodate small business owners and startups, ensuring a diverse mix of tenants to secure your investment. Currently leased at full capacity, you can have peace of mind knowing that your property is generating consistent income. The property is equipped with a coded entry access system and is secured, providing added safety and protection for your tenants. With over 25 parking spaces available, tenants and their clients will appreciate the convenience and accessibility of this prime location. As the area continues to grow and develop, your investment is sure to appreciate in value and provide outstanding returns. Don't miss this unique opportunity to invest in a thriving commercial property in Jackson's sought-after Fondren district. With an impressive annual net income, solid tenant base, and prime location, North Mart Plaza is a smart choice for investors looking to expand their portfolio and MAXIMIZE their returns. Act now and secure your stake in this fantastic investment opportunity.

More Information MLS# 4060530

Address and Location Information

Street Number: 330 Street Direction: N Street Name: Mart Plaza Street Suffix: Plaza County: Hinds State: MS Zip Code: 39206 Nearest Cross Street: State Street Parcel Number: 0430 0016 020 Subdivision: Meadowbrook Directions to Property: From I-55 S take the Meadowbrook Rd exit and turn right on State street. Then turn right onto North Mart Plaza. Community Of: N/A

Listing Information

Status: Active List Date: 2023-10-04 List Price: $549,999 Current Price: $549,999 Property Sub Type: Other Listing Service: Full Service New Construction: No Property Condition: Updated/Remodeled

Co-Op and Commission Information

Buyer Agency Compensation: 2.5 Buyer Agency Comp Type: %

General Property Information

Approx Lot Size Acres: 0.58 Lot Size Dimensions: 135 X186 X135 X 186.9 Approx H/C SqFt: 10184 SqFt Source: Public Records List Price/SqFt: 54.01 Year Built: 1958 Year Built Source: Public Records Total Floors: 1 Accessibility Features: Yes

Tax and Financial Information

Tax Annual Amount: 8400 Tax Year: 2022 Flood Insurance Required?: Subject to Survey Leasehold Y/N: Yes Legal Description: BEG INT N/L NORTH MART PLAZA & E/L NORTH STATE ST E 226.70 FT TO POB E 135.7 FT N/LY 186.9 FT W 135 FT S 189.5 FT TO POB PT LOTS 2 & 3 BLK L NORTHVIEW ADDN PT 2 Complex Name: TIDEWELL COMPLEX

Remarks & Miscellaneous

Public Remarks: Welcome to 330 North Mart Plaza, a prime commercial property investment opportunity located in the bustling heart of Jackson, MS! This 10,273 square foot property is perfect for savvy investors seeking a valuable addition to their portfolio with fantastic cash flow potential. With an annual net income of over $50,000, this investment is truly a goldmine. Situated in a high-traffic area close to the vibrant Fondren district, this property offers great exposure for businesses and is conveniently surrounded by an array of shops, restaurants, and amenities. The well-maintained building features several suites designed to accommodate small business owners and startups, ensuring a diverse mix of tenants to secure your investment. Currently leased at full capacity, you can have peace of mind knowing that your property is generating consistent income. The property is equipped with a coded entry access system and is secured, providing added safety and protection for your tenants. With over 25 parking spaces available, tenants and their clients will appreciate the convenience and accessibility of this prime location. As the area continues to grow and develop, your investment is sure to appreciate in value and provide outstanding returns. Don't miss this unique opportunity to invest in a thriving commercial property in Jackson's sought-after Fondren district. With an impressive annual net income, solid tenant base, and prime location, North Mart Plaza is a smart choice for investors looking to expand their portfolio and MAXIMIZE their returns. Act now and secure your stake in this fantastic investment opportunity.

Commercial Features

Number of Tenants: 12

Auction

Auction: No

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No

Property Features

Business Type: Accounting; Advertising; Barber/Beauty; Decorator; Photographer; Professional Service; Professional/Office; Variety Current Use: Commercial; Office Possible Use: Barber/Beauty; Commercial; Professional/Office; Retail Commercial Features: 220 Volt Power; Display Window(s); Fire Alarm; Fixtures; Rest Rooms; Security System; Smoke Detector(s) Structure Type: Other Electricity Features: 60 Amps or Less Lot Features: City Lot Location: Central Business District; Office Building Levels: One Square Footage Description: Ofc. Bldg 10000-50000 SF Covenants And Restrictions: Easements Walls - Interior: ICFs (Insulated Concrete Forms); Other Lighting: Fluorescent; Security; Other Flooring: Carpet; Tile Cooling: Central Air Heating: Central Utilities: Electricity Connected; Phone Available; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Concrete Perimeter; Slab Listing Terms: Cash; Conventional Exterior Construction/Siding: Block; Concrete Driveway Features: Rear Entrance Uncovered Parking?: 1-25 Spaces
Listing Office: Arx Point Realty, LLC
Listing Agent: Shawn Tillis
Last Updated: February - 20 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.