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144 W Ford Street, Ridgeland, MS 39157 (MLS# 4109744)

144 W Ford Street, Ridgeland, MS 39157

$1,975,000
Property Type: Commercial Sale Square Footage: 9,750 Lot Size (sq. ft.): 47,916 Status: Active
Current Price: $1,975,000 List Date: 4/11/2025 Last Modified: 8/19/2025

Description

Prime 9,750 Sq. Ft. Commercial Building with Strong Income & Flexible Space Options Positioned just off Highway 51, this exceptional 9,750 square-foot commercial building offers immediate income potential and flexible opportunities for future growth. Currently, 6,000 sq. ft. is secured under a five-year lease, providing stable, long-term rental income. An additional 1,250 sq. ft. is fully built out as a modern salon, with salon professionals contributing $200 per week each, generating approximately $5,600 in monthly income. The property also features two separate 1,250 sq. ft. suites that are primed for customization. These versatile spaces can be combined into a single 2,450 sq. ft. unit or finished individually to suit a variety of business needs. Plumbing, HVAC, and electrical systems are already installed, streamlining the build-out process and minimizing additional investment. Located in a high-visibility, high-traffic area just off Hwy 51, this property is perfectly positioned for businesses looking to capitalize on strong local exposure. Highlights: • Total building: 9,750 sq. ft. • 6,000 sq. ft. leased (5-year term) • 1,250 sq. ft. operating salon | $5,000/month rental income • Two 1,250 sq. ft. suites ready for custom finish-out • Flexible layout: combine into one 2,450 sq. ft. space or keep separate • All major systems in place: plumbing, HVAC, electrical • Excellent location off Hwy 51 with great visibility and access This is an outstanding opportunity for investors or owner-operators seeking a property with immediate returns and future upside potential.

More Information MLS# 4109744

Address and Location Information

Nearest Cross Street: Hwy 51 Parcel Number: 072i-30c-007-05-00 Community Of: N/A Street Number: 144 Street Direction: W Street Name: Ford Street Suffix: Street County: Madison State: MS Zip Code: 39157 Subdivision: Highland Colony

Listing Information

Listing Service: Full Service Status: Active List Date: 2025-04-10 List Price: $1,975,000 Current Price: $1,975,000 Property Sub Type: Mixed Use

General Property Information

Property Sub Type: Mixed Use New Construction: No Approx Lot Size Acres: 1.1 SqFt Source: Owner List Price/SqFt: 202.56 Year Built Source: Owner Total Floors: 1 Accessibility Features: No Approx H/C SqFt: 9750 Year Built: 2007

Tax and Financial Information

Tax Annual Amount: 10839 Tax Year: 2024 Flood Insurance Required?: No Leasehold Y/N: No Legal Description: 1.1AC PT LOT 3 BLK 24 HC I

Remarks & Miscellaneous

Public Remarks: Prime 9,750 Sq. Ft. Commercial Building with Strong Income & Flexible Space Options Positioned just off Highway 51, this exceptional 9,750 square-foot commercial building offers immediate income potential and flexible opportunities for future growth. Currently, 6,000 sq. ft. is secured under a five-year lease, providing stable, long-term rental income. An additional 1,250 sq. ft. is fully built out as a modern salon, with salon professionals contributing $200 per week each, generating approximately $5,600 in monthly income. The property also features two separate 1,250 sq. ft. suites that are primed for customization. These versatile spaces can be combined into a single 2,450 sq. ft. unit or finished individually to suit a variety of business needs. Plumbing, HVAC, and electrical systems are already installed, streamlining the build-out process and minimizing additional investment. Located in a high-visibility, high-traffic area just off Hwy 51, this property is perfectly positioned for businesses looking to capitalize on strong local exposure. Highlights: • Total building: 9,750 sq. ft. • 6,000 sq. ft. leased (5-year term) • 1,250 sq. ft. operating salon | $5,000/month rental income • Two 1,250 sq. ft. suites ready for custom finish-out • Flexible layout: combine into one 2,450 sq. ft. space or keep separate • All major systems in place: plumbing, HVAC, electrical • Excellent location off Hwy 51 with great visibility and access This is an outstanding opportunity for investors or owner-operators seeking a property with immediate returns and future upside potential.

Showing Requirements

Showing: Appointment Required

Auction

Auction: No

Basement Features

Basement: No
Listing Office: Southern Homes Real Estate
Listing Agent: Maggi Craft
Last Updated: August - 19 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.