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29394168
29394169

2 Locations

$799,000
168 days on market
Updated 27 days ago
Opportunity zone

723 & 725 N President St | Opportunity Zone Redevelopment

Details
Property Type Office
Sub Type Medical Office, Institutional Office
Square Footage 21,786
Tenancy Vacant
Broker Co-Op Yes
Class C
Year Built 1976
Buildings 1
Stories 4
Lot Size (SqFt) 1.1
Zoning Mixed Use
Investment Type Redevelopment
Ownership Fee Simple

Opportunity Zone | Downtown- Redevelopment | Residential & Mixed Use Potential

Marketing description

723 & 725 North President St presents a rare downtown redevelopment opportunity in the heart of Jackson, MS. Located within a federally designated Opportunity Zone, the property consists of a 21,786 SP existing structure situated on about 1.1 acres across three parcels, offering scale, flexibility, and meaningful long term tax advantages for investors.

The asset is positioned in a prime downtown location near the MS State Capitol, courthouses, hospitals, the Governor’s Mansion, and other government and institutional buildings. The combination of location, zoning, and parcel size makes this an idea candidate for institutional reuse, adaptive redevelopment, or mixed-use repositioning.

Originally designed for institutional use, the existing building features large floor plates, centralized core infrastructure, multiple restroom clusters, and strong perimeter window lines, providing solid “bones” for a wide range of redevelopment strategies.

RESIDENTIAL & MIXED-USE REDEVELOPMENT POTENTIAL

The property has previously been evaluated for luxury residential redevelopment, including condominium-style layouts, and offers the scale, zoning flexibility, and downtown proximity required for high-end urban housing.

The existing building footprint and layout support residential or mixed-use conversion, subject to final design, approvals, and entitlement review. This opportunity is well-suited for developers seeking luxury condos, boutique residential, workforce housing, or mixed-use projects within an Opportunity Zone.


Investment highlights

INVESTMENT HIGHLIGHTS

  • Opportunity Zone Asset – Potential capital gains deferral and long-term tax advantages for qualified investors

  • 21,786 SF Existing Structure – Substantial building footprint suitable for adaptive reuse

  • 1.1 Acres | Three Contiguous Parcels – Rare downtown land assembly

  • Mixed-Use Zoning – Broad range of redevelopment and reuse possibilities

  • Vacant & Fee Simple – Clean acquisition with immediate upside potential

  • Building ARV $1,500,000.00

  • Prime Downtown Jackson Location – Proximity to government, medical, and institutional demand drivers

  • Value-Add / Redevelopment Play – Ideal for institutional, residential, or mixed-use repositioning

CALL TO ACTION

This is a strategic redevelopment opportunity best suited for experienced developers and capital groups seeking scale, flexibility, and Opportunity Zone upside in a downtown core.

Serious inquiries only.

Call for more information: 228-285-4998

Listing Contacts

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Zoning

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C-3 CommercialGeneral CommercialGeneral Commercial
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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