312 S STATE ST Jackson, MS 39201

$1,349,000
312 S STATE ST, Jackson, MS 39201
292679

Commercial Property for sale in Jackson, MS

for $1,349,000. This building was built in 1930 on a lot size of 1.53 Acre(s).

Property Information

  • $1,349,000
  • Commercial
  • Free Standing
  • Active
  • Lot size of 1.53 Acre(s)
  • Built in 1930
  • Jackson, MS
  • Downtown Neighborhood
  • Hinds County
  • MLS/Web ID is 292679
  • Price Reduced

Description

This perfectly located downtown mix-use building is a combination of warehouse, office, and retail. The building encompasses most of a city block stretching from South State Street to Commerce Street. The property includes a multitude of successful and established tenants including George Bell Rug Cleaning Company, Jaco's Tacos, One Block East, Bell & Associates Law Firm, CCS Computer Solutions, Flechas & Associates Law Firm, CJ's Event Space, and others. This significant investment opportunity in the rapidly revitalizing urban core is available now. The property is located impeccably within the central business district. Restaurant and entertainment venues thrive at this location throughout the year and during many of the annual events that occur downtown including Hal's St. Paddy's Day Parade, Mississippi Blues Marathon, International Gumbo Festival, the Mississippi State Fair, and many other parades and festivals. Professional tenants benefit from the proximity to so many of the areas attractions and the walkability of the central business district. The property is a block from the Hinds County courthouse, which makes the office space especially desirable for those working in the legal profession, as well as servicing much of the central business district with food and entertainment. Downtown Jackson is currently undergoing a massive revitalization with multiple successful commercial and residential projects being completed over the last few years, with several others currently underway. A few of the most recent and upcoming projects include the redevelopment of the King Edward Hotel and the Standard Life Flats, the restoration of the Capitol Arts Lofts, the development of the Landmark Center, the Helm Place Townhomes, the Mississippi Civil Rights and Mississippi History Museums, Capitol Street Renaissance Project, the Westin Hotel, and so many others. The renewed interest in restoring the urban core has poised the downtown area for success. The savvy real estate investor will seize this rare opportunity while it lasts. Don't miss out!

Interior 7

Cooling System

  • Ceiling Fan(s)
  • Central Air

Flooring

  • Concrete Floors

Heating Source

  • Gas

Heating System

  • Forced Air

Interior

  • Smoke Alarm

Room Features

  • Skylight(s)

Water Source

  • Public Water

Exterior 6

Construction

  • Brick

Exterior

  • Security Lighting

Foundation

  • Concrete
  • Footing

Parking

  • Off Street Parking
  • On Street Parking
  • Parking Lot
  • Parking Spaces
  • Paved

Road Frontage

  • City Street

Roof

  • Metal

Miscellaneous 4

Accessibility

  • Handicap Features

Commercial

  • Delivery Door
  • Display Window
  • Door Sign
  • Doors 10-15ft
  • Doors under 10ft
  • Dumpster
  • Employee Lounge
  • Grade Loading
  • Guttering
  • Hoists
  • Loading Dock(s)
  • Outside Storage
  • Partially Fenced
  • Restroom(s)
  • Roof Sign
  • Security System / Alarm

Location

  • Downtown

Other

  • Lighting - Fluorescent
  • Lighting - Incandescent

† Excluded Feature

Listed By

Listing Agent: Sterling McCool
Broker: OVERBY, INC.

312 S STATE ST, Jackson, MS, 39201 is a Commercial Property for sale at $1,349,000 with a lot size of 1.53 Acre(s). 312 S STATE ST has 0.0 baths and was built in 1930. The property's zip code is 39201 which is in Jackson, MS

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Pricing History

Date Price Price Change Description
6/12/2018 $1,349,000 -10.01 % Price Change
8/8/2017 $1,499,000 -6.25 % Price Change
12/29/2016 $1,599,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Jackson $301,900 78 % below $199,950 85 % below
Commerical listings in Jackson $313,560 77 % below $200,000 85 % below

Get the facts about Jackson, MS!

Population 166,891
Population Growth (since 2000) -11 %
Median Income $33,413
Median Age 32.69
Households w/ Children 29 %

Residential Dwellings

  • Owned 33109
  • Vacant 9098
  • Rented 28894

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363