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$ 1,880,000
Est. payment /mo
Active
710 Main St Columbus, MS 39701
40,768 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 40,768 sqft
Price per Sqft $46
MLS Listing ID 23-1164
Annual Tax Amount $60,909
Tax Year 2022
Lot Dimensions 2.42 Acres(+/-)
Property Sub-Type Commercial
Source Golden Triangle Association of REALTORS®
Property Description
Beautiful, well maintained building in the historic downtown Columbus area. Occupying nearly a city block, this property represents a unique purchase-leaseback investment opportunity. Regions Bank will remain in the building occupying the first floor of 10,745 sq ft. The bank would be under a 10 year lease with an additional three, 5 year renewable options. That would be an 8% CAP rate for that sq footage. This leaves 30,000 sq ft(+/-) to be occupied or leased plus a basement for storage. Building has two elevators one on the east side the other on the west side of the building. 153 parking spaces. Roof is 12 years old, part shingled, part flat with no past issues or major repairs. Building has basement that is not included in the square footage.
Location
State MS
County Lowndes
Area 01 - South Columbus
Zoning C-2
Interior
Interior Features Elevator
Heating Other
Cooling Central Air, Electric
Heat Source Other
Exterior
Handicap Access Yes
Garage No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 61W460000100/300/400
Listed by RHETT REAL ESTATE,INC.