Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Opportunity Zone
The Lavorn
Great opportunity in Downtown Jackson!
Listing Contacts
License: B-24058
Active
Asking Price: $475,000
Address
123 N State St, Jackson, MS 39201
Show on MapDate Added
Aug 20, 2024
Days on Market
208 days
Time Since Last Update
6 days
Details
Property TypeMixed Use, Multifamily, Office
SubtypeTraditional Office
Investment TypeValue Add
Lease TypeGross
Square Footage5,044
Price/Sq Ft$94.17
Occupancy50%
Buildings1
Stories3
Marketing Description
Insight Group Real Estate is proud to offer 123 N State St. for sale also known as “The Lavorn” in Downtown Jackson. This historic building in downtown Jackson is a great value add investment. The building offers 3 stories with multiple rooms and/or offices on each floors. Please reach out to Trevor Williams at 601-575-1612 for any questions.
Investment Highlights
All tenants are month to month to allow flexibility for the new owner. A photography studio leases out the entire upstairs. The bottom floor is leased out to a yoga company. The middle floor is great for flex office/work spaces. Situated in the Spengler’s Corner Historic District, this property is in the center of downtown Jackson's revitalization efforts!
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
0
DSCR
--
Cap Rate
--
ROI
Property History
| Date | Event | Document | Price | Price/SF | Sold By | Sold To | ||
|---|---|---|---|---|---|---|---|---|
 | | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
Due Diligence
Listing Contacts
- License: B-24058
Similar Properties for Sale
Opportunity Zone
$5,200,000
Electric 308
Mixed Used Opportunity in Downtown Jackson, MS
308 E Pearl St Jackson, MS 39201
Opportunity Zone
$650,000
Former YMCA
Multifamily
800 E River Pl Jackson, MS 39202
Opportunity Zone
$6,500,000
The Watkins Building
Medical Office building for sale in the heart of the Jackson medical district
1421 N State St Jackson, MS 39202
$2,550,000
1600 N State St
Excellent Medical/Office Redevelopment Opportunity in the Heart of the Medical District
1600 N State St Jackson, MS 39202
Unpriced
Former Speedee Cash
Mixed Use • 2,447 SF
3021 US-80 Pearl, MS 39208
Muse LLC
$2,500,000
Former The Mighty Crab
Mixed Use • 7,000 SF
109 Mkt Pl Ln Flowood, MS 39232
Muse LLC
Opportunity Zone
$159,000
Opportunity: Building on Raymond Rd
GREAT VISABILITY!!
1507 Raymond Rd Jackson, MS 39204
Opportunity Zone
$825,090
Furniture Store & Warehouse in Excellent Condition
Retail • 23,574 SF
1919 Chadwick Dr Jackson, MS 39204
$975,000
1434 Old Square Road
Office, Retail and Industrial/FLEX Space
1434 Old Square Rd Jackson, MS 39211
$600,000
Elton Place Shopping Center
Investment Opportunity - 100% Occupied
4611 Terry Rd Jackson, MS 39212
virtual tour
$1,800,000
105 Metroplex Blvd
Fantastic 9500sqft mixed office and warehouse space conveniently located in Pearl.
105 Metroplex Blvd Pearl, MS 39208
Insight Group
See more properties for sale in Jackson
Broker Information
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .