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211 N Chrisman Avenue Cleveland, MS $ 950,000
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$ 950,000 Get more info
211 N Chrisman Avenue
$ 950,000
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211 N Chrisman Avenue

Cleveland, MS, 38732
$ 950,000
Bedrooms-- Baths-- Sq 15,093

Monthly Estimate*

$ 5,927

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Commercial Property for sale in Cleveland, MS

for $950,000. This 15,093 square foot building was built in 1974 on a lot size of 0.64.

IF YOU ARE A COMMERCIAL INVESTOR LOOKING TO EXPAND YOUR PORTFOLIO, CHECK OUT THIS 15,093± SQUARE FOOT COMMERCIAL BUILDING IN BOLIVAR COUNTY, MS. The building is located at 504 North Chrisman Avenue in downtown Cleveland and is occupied by the Mississippi Division of Medicaid. A new five-year lease was signed on August 1, 2024, and it expires July 31, 2029. In 2012, an 8,000± square foot portion underwent a renovation to meet the needs of the current tenant. The remaining space is currently being used as storage by the owner but could be renovated and leased to a second tenant. The paved parking lot, which offers 18,000± square feet, was recently re-striped. This offering is ideal for an investor seeking low risk, low management, and a capitalization rate of approximately 9.2%.

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Commercial Pending

Price

$ 950,000

Property Type

Commercial

Taxes

$ 11,071

Style

Office

Lot Size

0.64

Year Built

1974

Town/City

Cleveland

County/Region

Bolivar

MLS | Web ID

4102320
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Available Phone Available Sewer Connected Water Connected
Year Built 1974
Levels One and One Half
Property Subtype Office
Tax Year 2024
Current Use Commercial Investment Office
County Bolivar
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Possible Use Commercial Investment Medical Professional/Office
Garage Y/N N
Status Pending
Directions Directions from the intersection of Hwy 8 & 61: Head west on Hwy 8 for .2 miles and turn left onto North Chrisman Avenue. The building will be on the right behind Renasant Bank.
City Cleveland
Lot Size Units Acres
Lot Size Square Feet 27878.4
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 11071.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/504-N-Chrisman-Avenue-Cleveland-MS-38732/unbranded
Structure Type Lowrise 1-2 Floors
Standard Status Pending
Year Built Source Public Records
Legal Description A LOT 130 FT BY 231 FT BLK 20 CLEVELAND
Senior Community None
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Interior
Flooring Tile
Basement (Y/N) N
Window Features Tinted Windows
Fireplace Y/N N
Total Baths 0
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Exterior
Parking Features Asphalt/Blacktop
Lot Features City Lot Level
Water Source Public
Total Parking 30.0
Lot Size Area 0.64
Spa N
Building Area Total 15093.0
Lot Size Acres 0.64
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 211
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* Excluded Features
List By
Billy Carpenter

Listing Agent

Smalltown Hunting Properties &

Broker

billy@smalltownproperties.com

Email

Affordability Calculator

$6,849
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$923
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1580642 Elementary School
1580615 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/30/2025$950,000 Listed Price

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211 N Chrisman Avenue, Cleveland, MS, 38732 is a Commercial Property for sale at $950,000 with 15,093 sqft and a lot size of 0.64. 211 N Chrisman Avenue was built in 1974. The property's zip code is 38732 which is in Cleveland, MS

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