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29598021
29597966

608 Hwy 51, Ridgeland, MS 39157

CS
MS S-58991
SH
S-57503
Brandon  - Hopper Properties
Listed by Brandon - Hopper Properties
Unpriced
378 days on market
Updated 1 day ago
Under Contract

Allegrezza Complex 608 Hwy 51 Ridgeland MS 39157

Details
Property Type Land, Mixed Use (+2)
Sub Type Commercial
Net Rentable (SqFt) 15,950
Units 8
Occupancy 100%
Lease Type Modified
Class A
Year Built 1979
Year Renovated 2025
Buildings 4
Stories 1
Acreage 1.480
Zoning C-2A
Parking Spaces spaces
Investment Type Net Lease
Ground Lease No
Ownership 100

Incredible investment opportunity, pre-leased and room to expand.

Marketing description

Extremely attractive 1031 vehicle and investment opportunity. With all but 1000sqft of the office/retail and warehouse spaces leased, the property is currently producing 30k +- per month in income with fresh 3-5 year leases and quality tenants. Tenants responsible for own utilities, leases available with diligence. Owner is committed to completing all renovation and construction and is willing to act as the contractor to to build out the vacant land.

This property can be purchased as one complete parcel or sub divided, with the owners approval, into the existing buildings with tenants. The approx. 1ac +- of the undeveloped parcel has sold as a separate sale.

Investment highlights

Incredible investment opportunity, pre-leased and room to expand. This property can be purchased as one complete parcel or sub divided, with the owners approval, into the existing buildings with tenants from the undeveloped land.

Listing Contacts

CS
MS S-58991
SH
S-57503
Brandon  - Hopper Properties
Listed by Brandon - Hopper Properties

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$344,700.00
$28,725.00/mo

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Additional Information

Name
Chad Segrest
License
S-58991
Brokerage
HOPPER PROPERTIES
Brokerage Phone
6016246624
Title
REAL ESTATE SALES
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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