117 B Fourth St Nw Flora, MS $ 1,332,000
117 B Fourth St Nw
$ 1,332,000
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117 B Fourth St Nw

Flora, MS, 39071
$ 1,332,000
Bedrooms-- Baths-- Sq 217,800

Monthly Estimate*

$ 8,310

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Commercial Property for sale in Flora, MS

for $1,332,000. This 217,800 square foot building was built in 1922 on a lot size of 5.

Welcome to a rare development opportunity in the heart of Flora, MS. This 5.0 acre property within the city limits offers historic charm with modern potential. The property's main feature is a stately, 14,044 square foot school with solid brick walls. Also included is a 5,300 square foot theater with a large stage and supporting amenities, a fully equipped 4,800 square foot cafeteria, and two tennis courts. With its architectural significance and timeless character, the property may qualify for Federal and State Historical tax credits. The property lies within the new Flora Station well-positioned for various transformative projects from upscale residential conversions to mixed-use developments. Recent investments in Flora, including Entergy Mississippi's $30 million project and the Amazon/Megasite facility, underscore the area's growth and development potential. The location offers excellent visibility and accessibility, with frontage on Fourth Street and Jackson Street. As part of the Madison County School District and with city water and sewer services available, the groundwork for future development is already in place. Floras comprehensive plan encourages the kind of adaptive reuse this site makes possible preserving the past while embracing progress. Let your vision come to life here in Madison County.

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Commercial Active

Price

$ 1,332,000

Property Type

Commercial

Taxes

$ 6,451

Style

Mixed Use

Lot Size

5

Year Built

1922

Town/City

Flora

County/Region

Madison

MLS | Web ID

4115883

Features
General
Sewer Public Sewer
Cooling Central Air Electric 220 Volt
Utilities Electricity Connected Natural Gas Available Sewer Connected
Roof Asphalt Flat
Construction Materials Brick Plaster
Year Built 1922
Electric 220 Volt
Levels One
Property Subtype Mixed Use
Tax Year 2024
County Madison
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Possible Use Commercial Development Multi-Family Professional/Office
Garage Y/N N
Status Active
City Flora
Disclosures None
Lot Size Units Acres
Lot Size Square Feet 217800.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6451.0
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/117-B-Fourth-St-Nw-Flora-MS-39071/unbranded
Standard Status Active
Year Built Source Public Records
Legal Description 5.00 AC +/- S17 T8N R1W fronting 4th St
Senior Community None
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Exterior
Exterior Amenities Tennis Court(s)
Parking Features Parking Lot Paved
Lot Features City Lot
Water Source Public
Lot Size Area 5.0
Foundation Details Slab
Spa N
Building Area Total 217800.0
Lot Dimensions 5 AC +/-
Lot Size Acres 5.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Concrete
Basement (Y/N) N
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 117
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* Excluded Features
List By
Tom N Smith

Listing Agent

Tom Smith Land & Homes

Broker

6014549397

Contact

Affordability Calculator

$8,848
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,310
Monthly Property Taxes
$538
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
Pricing History
DatePricePrice ChangeDescription
6/10/2025$1,332,000 Listed Price

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117 B Fourth St Nw, Flora, MS, 39071 is a Commercial Property for sale at $1,332,000 with 217,800 sqft and a lot size of 5. 117 B Fourth St Nw was built in 1922. The property's zip code is 39071 which is in Flora, MS