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117 B Fourth St Nw, Flora, MS 39071 (MLS# 4115883)

117 B Fourth St Nw, Flora, MS 39071

$1,332,000
Property Type: Commercial Sale Square Footage: 217,800 Lot Size (sq. ft.): 217,800 Status: Active
Current Price: $1,332,000 List Date: 6/10/2025 Last Modified: 8/19/2025

Description

Welcome to a rare development opportunity in the heart of Flora, MS. This 5.0 acre property within the city limits offers historic charm with modern potential. The property's main feature is a stately, 14,044 square foot school with solid brick walls. Also included is a 5,300 square foot theater with a large stage and supporting amenities, a fully equipped 4,800 square foot cafeteria, and two tennis courts. With its architectural significance and timeless character, the property may qualify for Federal and State Historical tax credits. The property lies within the new Flora Station well-positioned for various transformative projects from upscale residential conversions to mixed-use developments. Recent investments in Flora, including Entergy Mississippi's $30 million project and the Amazon/Megasite facility, underscore the area's growth and development potential. The location offers excellent visibility and accessibility, with frontage on Fourth Street and Jackson Street. As part of the Madison County School District and with city water and sewer services available, the groundwork for future development is already in place. Floras comprehensive plan encourages the kind of adaptive reuse this site makes possible preserving the past while embracing progress. Let your vision come to life here in Madison County.

More Information MLS# 4115883

Address and Location Information

Nearest Cross Street: Fourth St and Jackson St Parcel Number: 051d-17a-016 Part Community Of: N/A Street Number: 117 B Street Name: Fourth St Nw County: Madison State: MS Zip Code: 39071

Location

Airport 3+ Miles: 1 City: 1 Paved: 1

Listing Information

Listing Service: Full Service Status: Active List Date: 2025-06-10 List Price: $1,332,000 Current Price: $1,332,000 Property Sub Type: Mixed Use

General Property Information

Property Sub Type: Mixed Use New Construction: No Approx Lot Size Acres: 5 Lot Size Dimensions: 5 AC +/- SqFt Source: Other List Price/SqFt: 6.12 Year Built Source: Public Records Total Floors: 1 Accessibility Features: No Approx H/C SqFt: 217800 Year Built: 1922

Tax and Financial Information

Tax Annual Amount: 6451 Tax Year: 2024 Flood Insurance Required?: No Leasehold Y/N: No Legal Description: 5.00 AC +/- S17 T8N R1W fronting 4th St

Remarks & Miscellaneous

Public Remarks: Welcome to a rare development opportunity in the heart of Flora, MS. This 5.0 acre property within the city limits offers historic charm with modern potential. The property's main feature is a stately, 14,044 square foot school with solid brick walls. Also included is a 5,300 square foot theater with a large stage and supporting amenities, a fully equipped 4,800 square foot cafeteria, and two tennis courts. With its architectural significance and timeless character, the property may qualify for Federal and State Historical tax credits. The property lies within the new Flora Station well-positioned for various transformative projects from upscale residential conversions to mixed-use developments. Recent investments in Flora, including Entergy Mississippi's $30 million project and the Amazon/Megasite facility, underscore the area's growth and development potential. The location offers excellent visibility and accessibility, with frontage on Fourth Street and Jackson Street. As part of the Madison County School District and with city water and sewer services available, the groundwork for future development is already in place. Floras comprehensive plan encourages the kind of adaptive reuse this site makes possible preserving the past while embracing progress. Let your vision come to life here in Madison County.

Possible Use

Commercial: 1 Development: 1 Multi-Family: 1 Office: 1

Lot Features

City Lot: 1

Covenants And Restrictions

Other: 1

Levels

One: 1

Sewer

Public Sewer: 1

Commercial Features

220 Volt Power: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Showing Requirements

Showing: Appointment Required

Utilities

Electricity Connected: 1 Natural Gas Available: 1 Sewer Connected: 1

Ceiling Height

11' - 12.9': 1

Electricity Features

220 Volts: 1

Walls - Interior

Plaster: 1 Sheetrock: 1

Square Footage Description

Other: 1

Flooring

Concrete: 1

Cooling

220 Volts: 1 Central Air: 1 Electric: 1

Foundation Details

Slab: 1

Auction

Auction: No

Exterior Construction/Siding

Brick: 1

Roof

Asphalt: 1 Flat: 1

Exterior Features

Tennis Court(s): 1

Driveway Features

Paved Drive: 1

Parking Features

Parking Lot: 1 Paved: 1

Lighting

Fluorescent: 1 Other: 1

Basement Features

Basement: No

Price Includes

All Furnishings: 1 Building and Land: 1

Available Documents

Brochure: 1 Land Survey: 1 Maps: 1 Photographs: 1

Disclosures

None: 1

Additional Transportation

Airport 3+ Miles: 1 City Street: 1 Paved: 1

Property Features

Possible Use: Commercial; Development; Multi-Family; Office Commercial Features: 220 Volt Power Ceiling Height: 11' - 12.9' Electricity Features: 220 Volts Lot Features: City Lot Location: Airport 3+ Miles; Paved Levels: One Square Footage Description: Other Covenants And Restrictions: Other Walls - Interior: Plaster; Sheetrock Lighting: Fluorescent; Other Flooring: Concrete Cooling: 220 Volts; Central Air Utilities: Electricity Connected; Natural Gas Available; Sewer Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Asphalt; Flat Exterior Features: Tennis Court(s) Driveway Features: Paved Drive Parking Features: Parking Lot; Paved Additional Transportation: Airport 3+ Miles; City Street; Paved Price Includes: All Furnishings; Building and Land Available Documents: Brochure; Land Survey; Maps; Photographs Disclosures: None
Listing Office: Tom Smith Land & Homes
Listing Agent: Tom N Smith
Last Updated: August - 19 - 2025
Broker Attribution: 6014549397

Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.