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.