Office For Sale in 38804
Mississippi
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Tupelo
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38804
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38801 38826
9 results
Address
Asking Price
CHT Suites
300 S Spring St
Tupelo, MS
Lot Size:0.18Acres
Located in the heart of the Lee County Central Business District in historic downtown Tupelo, Ms. Neighbors include the headquarters for BancorpSouth Bank and Renasant Bank among other professional organizations Multi-tenant office building leased primarily to therapists and counselors. Facility was completely renovated in 2015 including HVAC and roof. As a corner lot, downtown the property has 2 facades of frontage measuring 100' x 78' +/-. All shared street parking. Current tenant roster includes 6 professional organizations. Current leasing plan (included) offers 3 suites of varying sizes, but can be modified to fit alternate sizes. Current owner will engage a sale -leaseback scenario which will begin at closing. Value-add opportunity in which the new owner has the opportunity increase the rate-of-return and value through leasing Current Cap Rate: 6.3%; Current Occupancy Rate: 80%+/-; Pro-forma Cap Rate: 8.95%; Pro-forma Occupancy Rate: 93%
$749,000
417 - 431 West Main Professional Building
417-431 West Main Street
Tupelo, MS
Lot Size:2.50Acres
Located on Main Street at a signalized intersection in the central business district in Tupelo MS. Property is bordered on 3 sides with public roads and sidewalks, and is one of the few downtown Tupelo properties with a large private parking lot. Adjacent street parking is also available Multi-level, professional office building stabilized with a strong tenant mix. The roster includes professionals from architecture, construction, & engineering; governmental services (GSA), and legal & financial industries (rent roll included), and is anchored by First American National Bank. All typical CDB occupants including legal services of all kinds, four major banks, many restaurants, and diverse retail shopping can all be found within 1 mile of the property. Residential neighborhoods of various price points lay immediately on the borders of the CBD, surrounding the area. The current rent rates for the tenancy is considered mid-range for the market, which could result in a value-add play for the investor. The building is generally considered to be a landmark in the marketplace. Current NOI = $311,835 with mostly mod gross leases. Profit / Loss Statement included. Occupancy typically varies between 92% - 95%
$4,797,400
Dollar General
550 N Gloster St
Tupelo, MS
Building Size:9,100SF
$1,711,166
210 S Green St
Tupelo, MS
Lot Size:0.18Acres
Make plans to tour this attractive, highly visible, commercial property located just one block off Main St at the corner of S Green St and Magazine St. This 100+ years old house is loaded with character and charm with the interior and exterior both well-kept and move-in ready. The interior has been totally renovated into the perfect commercial space, suitable for an attorney’s office, real estate company, retail boutique, coffee shop or salon, just to name a few business uses. Containing 6 separate offices, a reception area, 2 bathrooms, a break room/kitchen, extra office space, attic storage, this property is ready for any type of business requiring office or retail space. The property has 5 dedicated parking spaces onsite, with 60 + parking spaces directly across S. Green Street. This is a great investment for leasing to others or buying for yourself.
$339,900
600 Main
600 W Main St
Tupelo, MS
Lot Size:0.78Acres
Located on a corner lot at a 4-way signalized intersection, 1 block from the most traffic-dense intersection in town ("Crosstown"). Crosstown is the intersection of THE two primary commercial / professional business corridors in the market, Main Street & Gloster Street. State Hwy 45, which lies within 1 miles of the property, provides easy "bypass" access to others areas of the City and beyond Highly adaptable commercial building which has been used for professional office, medical, and retail purposes. Excellent parking for any potential use. Parcel is large enough for expansion of the building while still maintaining parking code requirements for most uses. Configuration is 60 ' d x 150' w which provides tremendous building signage opportunities
$894,000
Broadway Place
108 N Broadway St
Tupelo, MS
Lot Size:0.12Acres
Located among the prominent Central Business District's service-oriented businesses. Property is within walking distance of the court systems, and most of the City and County services. Neighbors include boutique, specialty retailers, and strong local restaurants. Others include typical CBD operators such as banks, attorneys, and other professional office users
$447,000
1532 McCullough Boulevard
1532 McCullough Blvd
Tupelo, MS
Lot Size:2.33Acres
$68,965
363 East Main Street
363 E Main St
Tupelo, MS
~
650 Main Street
650 W Main St
Tupelo, MS
Lot Size:0.17Acres
$157,500
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Market Stats
38804 has 46 commercial real estate spaces for lease, representing 391,506 sqft space.
25 buildings are available for sale.
In the past 30 days, 38804 has had 3 spaces leased.
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Metropolitan areas that include 38804
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