118 NW Fourth St Nw Street, Flora, MS 39071 (MLS# 4115886)
118 NW Fourth St Nw Street, Flora, MS 39071
$997,000
Property Type:
Commercial Sale
Square Footage:
84,506
Lot Size (sq. ft.):
84,506
Status:
Active
Current Price:
$997,000
List Date:
6/10/2025
Last Modified:
8/19/2025
Description
This 13,700-square-foot gymnasium, built in approximately 1970, features original locker rooms, bleachers, and concession facilities. It is located on 1.94 acres within Flora's city limits and offers prime frontage on Fourth and Jackson Streets. The property lies within the new Flora Station and is ideal for adaptive reuse projects such as a community center, fitness facility, condominiums, or an event venue, providing opportunities for creative redevelopment. 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 property is currently being leased and generating monthly income, offering additional potential revenue for future owners.
More Information MLS# 4115886
Address and Location Information
Nearest Cross Street: Jackson St and Fourth St
Parcel Number: 051d-17a-112, 051d-17a-136, 51d-17a-137
Community Of: N/A
Street Number: 118
Street Direction: NW
Street Name: Fourth St Nw
Street Suffix: Street
County: Madison
State: MS
Zip Code: 39071
Location
Airport 3+ Miles: 1
City: 1
Corner Lot: 1
Paved: 1
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2025-06-10
List Price: $997,000
Current Price: $997,000
Property Sub Type: Mixed Use
General Property Information
Property Sub Type: Mixed Use
New Construction: No
Approx Lot Size Acres: 1.94
Lot Size Dimensions: 1.94 Ac
SqFt Source: Other
List Price/SqFt: 11.8
Year Built Source: Public Records
Total Floors: 0
Accessibility Features: No
Approx H/C SqFt: 84506
Year Built: 1958
Tax and Financial Information
Tax Annual Amount: 4344
Tax Year: 2024
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: 1.94 AC +/- S17 T8N R1W
Remarks & Miscellaneous
Public Remarks: This 13,700-square-foot gymnasium, built in approximately 1970, features original locker rooms, bleachers, and concession facilities. It is located on 1.94 acres within Flora's city limits and offers prime frontage on Fourth and Jackson Streets. The property lies within the new Flora Station and is ideal for adaptive reuse projects such as a community center, fitness facility, condominiums, or an event venue, providing opportunities for creative redevelopment. 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 property is currently being leased and generating monthly income, offering additional potential revenue for future owners.
Current Use
Other: 1
Structure Type
See Remarks: 1
Possible Use
Multi-Family: 1
Recreational: 1
Lot Features
City Lot: 1
Corner Lot: 1
Covenants And Restrictions
Other: 1
Levels
One: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Ceiling Height
31' or More: 1
Electricity Features
220 Volts: 1
Walls - Interior
ICFs (Insulated Concrete Forms): 1
Square Footage Description
Warehouse 5000-20000 SF: 1
Flooring
Concrete: 1
Wood: 1
Seating
500-750: 1
Cooling
Central Air: 1
Heating
Natural Gas: 1
Foundation Details
Slab: 1
Auction
Auction: No
Exterior Construction/Siding
Brick: 1
Roof
Shingle: 1
Tile: 1
Driveway Features
Concrete Drive: 1
Parking Features
On Site: 1
Outside: 1
Parking Pad: 1
Paved: 1
Unpaved: 1
Lighting
High Pressure Sodium: 1
Basement Features
Basement: No
Water Heater
Gas: 1
Price Includes
Building and Land: 1
Available Documents
Brochure: 1
Land Survey: 1
Maps: 1
Photographs: 1
Additional Transportation
Airport 3+ Miles: 1
City Street: 1
Paved: 1
Property Features
Current Use: Other
Possible Use: Multi-Family; Recreational
Structure Type: See Remarks
Ceiling Height: 31' or More
Electricity Features: 220 Volts
Lot Features: City Lot; Corner Lot
Location: Airport 3+ Miles; Corner Lot; Paved
Levels: One
Square Footage Description: Warehouse 5000-20000 SF
Seating: 500-750
Covenants And Restrictions: Other
Walls - Interior: ICFs (Insulated Concrete Forms)
Lighting: High Pressure Sodium
Flooring: Concrete; Wood
Cooling: Central Air
Heating: Natural Gas
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional
Roof: Shingle; Tile
Driveway Features: Concrete Drive
Parking Features: On Site; Outside; Parking Pad; Paved; Unpaved
Additional Transportation: Airport 3+ Miles; City Street; Paved
Water Heater: Gas
Price Includes: Building and Land
Available Documents: Brochure; Land Survey; Maps; Photographs
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.