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121 Colony Crossing Way, Madison, MS 39110 (MLS# 4080093)

121 Colony Crossing Way, Madison, MS 39110

$2,675,000
Property Type: Commercial Sale Square Footage: 9,786 Lot Size (sq. ft.): 45,738 Status: Closed
Current Price: $2,675,000 List Date: 5/18/2024 Last Modified: 11/20/2024

Overview

Description

Once a small farming community, Madison, Mississippi is one of the fastest growing cities in the state and consistently recognized as one of the best places to live by various national publications. This premium location is at the heart of the state's highest household income. The high visibility, corner location is an outparcel of the Colony Crossing center at the intersection of Highway 463 and Highland Colony Parkway.  Kroger anchored shopping center outparcel. Well-constructed and meticulously maintained property. Excellent visibility from major roadways. Signalized access to Highway 463. Ample parking with deeded shared parking.  Long lease terms remaining with stable tenant mix.

Listing Details MLS# 4080093

General Property Information

Approx Lot Size Acres
1.05
Approx H/C SqFt
9786
SqFt Source
Public Records
List Price/SqFt
281.01
Year Built
2007
Year Built Source
Public Records
Total Floors
2
Accessibility Features
No
Property Sub Type
Retail

Property Features

Business Type: General Business; Restaurant; Retail Current Use: Retail Commercial Features: Dumpster; Fire Sprinkler System Lot Features: Level Location: City Street; In Shopping Center; Paved; Shopping Mall; Strip Mall Cooling: Central Air Heating: Central Utilities: Electricity Available; Natural Gas Available; Water Available Sewer: Public Sewer Water Source: Public Foundation Details: Concrete Perimeter; Slab Listing Terms: Cash Exterior Features: Rain Gutters Flood Insurance: Unknown Available Documents: Brochure

Address and Location Information

Street Number
121
Street Name
Colony Crossing
Street Suffix
Way
County
Madison
State
MS
Zip Code
39110
Nearest Cross Street
Highway 463 at Highland Colony Parkway
Parcel Number
071a-01d-004-05-00
Community Of
N/A

Listing Information

Property Sub Type
Retail
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
34117
Tax Year
2023
Flood Insurance Required?
No
Leasehold Y/N
No
Legal Description
COLONY CROSSING AT MADISON LOT 5 PLAT CABINET D-110 BEING 1.02 ACC

Status Change Info

Contract Date/Pending Date
2024-05-18
Closing Date
2024-07-31
Sold Price/SqFt
273.35

More Information

Auction

Auction
No

Showing Requirements

Showing
Appointment Required

Basement Features

Basement
No
Listing Office: Overby, Inc.
Listing Agent: Amanda P Overby
Source MLS Verified
Last Updated: November - 20 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
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