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102 Bo Bo Drive, Crystal Springs, MS 39059 (MLS# 4062937)

102 Bo Bo Drive, Crystal Springs, MS 39059

$2,200,000
Property Type: Commercial Sale Square Footage: 42,806 Lot Size (sq. ft.): 317,552 Status: Closed
Current Price: $2,790,000 List Date: 11/01/2023 Last Modified: 11/22/2024

Description

Welcome to 113 Bo Bo Dr, Crystal Springs, MS - a prime commercial property offering a unique blend of retail and warehouse space, complemented by two standalone income-producing buildings. This investment gem encompasses a main building boasting an expansive 42,806 sq ft of versatile space, along with a Pizza Hut building spanning 1,150 sq ft, and a Krystal Nutrition building at 600 sq ft. Key Features: Strategic Location: Nestled in the heart of Crystal Springs, this property enjoys unparalleled accessibility, just a stone's throw away from I55 South. It's a strategic hub for attracting foot traffic and ensuring maximum visibility for businesses. Stable Income Stream: This investment opportunity comes fully leased, with over 13 established and paying tenants, providing a solid and consistent income stream from day one. Ample Parking: The property boasts a parking lot spacious enough to accommodate a county fair, ensuring convenience for both tenants and customers. Expansion Potential: With almost 7.29 acres of total land, there's room for growth and expansion at the rear of the property, offering additional opportunities for development or diversification. Community Hub: As Crystal Springs' premier retail center, this property is poised to become a vibrant community hub, attracting a diverse range of businesses and clientele. Don't miss out on this exceptional investment opportunity that combines prime location, a stable income stream, and potential for future growth. Contact us today to schedule a viewing and secure your stake in the heart of Crystal Springs' commercial landscape.

More Information MLS# 4062937

Address and Location Information

Parcel Number: 3-036c-26-002.00 Directions to Property: Take Exit 65 for MS-27 South toward Crystal Springs. turn left travel approximately 2 miles. Turn right onto W Georgetown Street. Turn right onto Bobo Drive. Your destination, 113 Bobo Drive, Crystal Springs, MS, should be on the right. Bring your check book Community Of: N/A Street Number: 102 Street Name: Bo Bo Street Suffix: Drive County: Copiah State: MS Zip Code: 39059 Subdivision: Metes And Bounds

Listing Information

Listing Service: Full Service Status: Closed List Date: 2023-11-01 List Price: $2,790,000 Current Price: $2,200,000 Property Sub Type: Retail

General Property Information

Property Sub Type: Retail New Construction: No Approx Lot Size Acres: 7.29 SqFt Source: Appraiser List Price/SqFt: 65.18 Year Built Source: Appraiser Total Floors: 1 Accessibility Features: Yes Approx H/C SqFt: 42806 Year Built: 2005

Tax and Financial Information

Tax Annual Amount: 50742 Tax Year: 2022 Flood Insurance Required?: No Leasehold Y/N: No Legal Description: PT LOTS 6A, 7, & 9A BLK 6 AS PER DB 16C-677/ 14T-719 SEC 26-2N-2W BK 16C PG 10/13/2004

Remarks & Miscellaneous

Public Remarks: Welcome to 113 Bo Bo Dr, Crystal Springs, MS - a prime commercial property offering a unique blend of retail and warehouse space, complemented by two standalone income-producing buildings. This investment gem encompasses a main building boasting an expansive 42,806 sq ft of versatile space, along with a Pizza Hut building spanning 1,150 sq ft, and a Krystal Nutrition building at 600 sq ft. Key Features: Strategic Location: Nestled in the heart of Crystal Springs, this property enjoys unparalleled accessibility, just a stone's throw away from I55 South. It's a strategic hub for attracting foot traffic and ensuring maximum visibility for businesses. Stable Income Stream: This investment opportunity comes fully leased, with over 13 established and paying tenants, providing a solid and consistent income stream from day one. Ample Parking: The property boasts a parking lot spacious enough to accommodate a county fair, ensuring convenience for both tenants and customers. Expansion Potential: With almost 7.29 acres of total land, there's room for growth and expansion at the rear of the property, offering additional opportunities for development or diversification. Community Hub: As Crystal Springs' premier retail center, this property is poised to become a vibrant community hub, attracting a diverse range of businesses and clientele. Don't miss out on this exceptional investment opportunity that combines prime location, a stable income stream, and potential for future growth. Contact us today to schedule a viewing and secure your stake in the heart of Crystal Springs' commercial landscape.

Status Change Info

Sold Price/SqFt: 51.39 Contract Date/Pending Date: 2024-01-26 Closing Date: 2024-10-03

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 Lease Purchase: 1

Showing Requirements

Showing: Appointment Required

Auction

Auction: No

Basement Features

Basement: No

Property Features

Listing Terms: 1031 Exchange; Cash; Conventional; Lease Purchase
Listing Office: Southern Homes Real Estate
Listing Agent: Austin Prowant
Last Updated: November - 22 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.