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3.7acres Spring Gillespie Green Streets

Retail | 161,172 SF

Listing Contacts

Active

Asking Price: $9,995,000
Address 

3.7acres Spring Gillespie Green Streets, Starkville, MS 39759

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Date Added
Jun 7, 2024
Days on Market
281 days
Time Since Last Update
9 days

Details

Property TypeRetail, Multifamily, Office
SubtypeExecutive Office, Apartment Building
Square Footage161,172
ZoningT-5C; T5-C
Lot Size (acres)3.7

Marketing Description

Rare opportunity! 3.7 acres± in the center of Starkville, just down the street from Highway 12, the Cotton District, and the Mississippi State University campus.​ What a great location in Starkville, just named the ''Best Small Town in the South!'' Zoning is mostly T5-C, and some zoned TN-E.​ Excellent potential for redevelopment, subject to city guidelines.​ Currently on the property are multiple apartment structures and two houses.​ Owner strongly prefers a long-term ground lease or a proposal for a joint venture/partnership, but will consider an outright offer to purchase; inquire for more info.​


Investment Highlights

  • Chateau Maroon, 512 Green St: 30 units, all 2-bed/1-bath

  • University Apts, 302 Spring St: 16 units, all 2-bed/1-bath

  • Fourplex, office, & shop bldg. at 521 & 523 E Gillespie St

  • House 515 E Gillespie St: 2-bed/1-bath

  • House 506 Green St: 3-bed/1-bath

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

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Listing Contacts


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