118 NW Fourth St Nw Street Flora, MS $ 997,000
118 NW Fourth St Nw Street
$ 997,000
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118 NW Fourth St Nw Street

Flora, MS, 39071
$ 997,000
Bedrooms-- Baths-- Sq 84,506

Monthly Estimate*

$ 6,220

118 NW Fourth St Nw Street, Flora, MS 39071 - Image 1
118 NW Fourth St Nw Street, Flora, MS 39071 - Image 2
118 NW Fourth St Nw Street, Flora, MS 39071 - Image 3
118 NW Fourth St Nw Street, Flora, MS 39071 - Image 4
118 NW Fourth St Nw Street, Flora, MS 39071 - Image 5
118 NW Fourth St Nw Street, Flora, MS 39071 - Image 6
118 NW Fourth St Nw Street, Flora, MS 39071 - Image 7
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Commercial Property for sale in Flora, MS

for $997,000. This 84,506 square foot building was built in 1958 on a lot size of 1.94.

This 13,700-square-foot gymnasium, built in approximately 1970, features original locker rooms, bleachers, and concession facilities. It is located on 1.94 acres within Flora's city limits and offers prime frontage on Fourth and Jackson Streets. The property lies within the new Flora Station and is ideal for adaptive reuse projects such as a community center, fitness facility, condominiums, or an event venue, providing opportunities for creative redevelopment. 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 property is currently being leased and generating monthly income, offering additional potential revenue for future owners.

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Commercial Active

Price

$ 997,000

Property Type

Commercial

Taxes

$ 4,344

Style

Mixed Use

Lot Size

1.94

Year Built

1958

Town/City

Flora

County/Region

Madison

MLS | Web ID

4115886

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Shingle Tile
Construction Materials Brick ICFs (Insulated Concrete Forms)
Year Built 1958
Electric 220 Volt
Levels One
Property Subtype Mixed Use
Tax Year 2024
Current Use Other
County Madison
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Possible Use Multi-Family Recreational
Garage Y/N N
Status Active
City Flora
Lot Size Units Acres
Lot Size Square Feet 84506.4
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4344.0
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/118-NW-Fourth-St-Nw-Street-Flora-MS-39071/unbranded
Structure Type See Remarks
Standard Status Active
Year Built Source Public Records
Legal Description 1.94 AC +/- S17 T8N R1W
Senior Community None
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Interior
Flooring Concrete Wood
Basement (Y/N) N
Fireplace Y/N N
Total Baths 0
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Exterior
Parking Features On Site Parking Pad Paved Unpaved Uncovered Parking Concrete
Lot Features City Lot Corner Lot
Water Source Public
Lot Size Area 1.94
Foundation Details Slab
Spa N
Building Area Total 84506.0
Lot Dimensions 1.94 Ac
Lot Size Acres 1.94
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 118
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* Excluded Features
List By
Tom N Smith

Listing Agent

Tom Smith Land & Homes

Broker

6014549397

Contact

Affordability Calculator

$6,582
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,220
Monthly Property Taxes
$362
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$997,000 Listed Price

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118 NW Fourth St Nw Street, Flora, MS, 39071 is a Commercial Property for sale at $997,000 with 84,506 sqft and a lot size of 1.94. 118 NW Fourth St Nw Street was built in 1958. The property's zip code is 39071 which is in Flora, MS