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*

$ 8,201

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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
Property Subtype Mixed Use
Tax Year 2024
County Madison
Property Type Commercial Sale
Status Active
City Flora
Lot Size Units Acres
Lot Size Square Feet 217800
Standard Status Active
Construction Materials Brick Plaster
Year Built 1922
New Construction false
Attached Garage false
Possible Use Commercial Development Multi-Family Professional/Office
Sewer Public Sewer
Virtual Tour https://www.propertypanorama.com/117-B-Fourth-St-Nw-Flora-MS-39071/unbranded
Levels One
Utilities Electricity Connected Natural Gas Available Sewer Connected
Cooling Central Air Electric 220 Volt
Roof Asphalt Flat
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Interior
Total Baths 0
Flooring Concrete
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Exterior
Lot Size Area 5
Lot Size Acres 5
Parking Features Parking Lot Paved
Lot Features City Lot
Water Source Public
Building Area Total 217800
Lot Dimensions 5 AC +/-
Exterior Amenities Tennis Court(s)
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* Excluded Features
List By
Tom N Smith

Listing Agent

Tom Smith Land & Homes

Broker

tom@tomsmithland.com

Email

Affordability Calculator

$8,739
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,201
Monthly Property Taxes
$538
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$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