1700 University Boulevard, Jackson, MS 39204 (MLS# 4039507)
1700 University Boulevard, Jackson, MS 39204
$2,700,000
Property Type:
Commercial Sale
Square Footage:
111,500
Lot Size (sq. ft.):
394,654
Status:
Closed
Current Price:
$3,500,000
List Date:
2/13/2023
Last Modified:
11/20/2024
Overview
Description
This income generating shopping center is a great investment!
Listing Details MLS# 4039507
General Property Information
- Approx Lot Size Acres
- 9.06
- Approx H/C SqFt
- 111500
- SqFt Source
- Owner
- List Price/SqFt
- 31.39
- Year Built
- 1951
- Year Built Source
- Public Records
- Total Floors
- Yes
- Accessibility Features
- No
- Property Sub Type
- Retail
- New Construction
- No
Property Features
Business Type:
Retail
Current Use:
Retail
Possible Use:
Retail
Levels:
One
Square Footage Description:
Retail Bldg Over 5000 SF
Listing Terms:
Cash; Conventional; Owner May Carry; SBA; See Remarks
Parking Features:
Parking Lot
Additional Transportation:
Interstate 1 Mile or Less
Flood Insurance:
Subject to Survey
Price Includes:
Building and Land
Available Documents:
Leases
Address and Location Information
- Street Number
- 1700
- Street Name
- University
- Street Suffix
- Boulevard
- County
- Hinds
- State
- MS
- Zip Code
- 39204
- Parcel Number
- 0166-0005-003
- Community Of
- N/A
Listing Information
- Property Sub Type
- Retail
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 58313
- Tax Year
- 2021
- Zoning
- Commercial
- Flood Insurance Required?
- Subject to Survey
- Leasehold Y/N
- No
- Association
- No
- Legal Description
- BEG ON E/L HIWAY 51 APP 380 FT S OF S/L HIWAY 80 E 360 FT S 687.64 FT TO N/LINE LINDE AIR PRODUCTS RD 667.2 FT TO C/L LINDE AIR PRODUCTS RD NW/LY TO HIWAY 51 N/LY ON E/L HWY 640 FT TO POB IN SW 1/4 SEC 9 T5 R1E
Status Change Info
- Contract Date/Pending Date
- 2023-03-06
- Closing Date
- 2023-07-19
- Sold Price/SqFt
- 24.22
More Information
Auction
- Auction
- No
Showing Requirements
- Showing
- Appointment Required
Basement Features
- Basement
- No
Remarks & Miscellaneous
- Public Remarks
- This income generating shopping center is a great investment!
Current Use
- Retail
- Yes
Possible Use
- Retail
- Yes
Income & Expenses
- Annual Net Income
- 316945
- Annual Operating Expenses
- 239469
- Gross Operating Income
- 556414
Business Type
- Retail
- Yes
Levels
- One
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Owner May Carry
- Yes
- SBA
- Yes
- See Remarks
- Yes
Square Footage Description
- Retail Bldg Over 5000 SF
- Yes
Parking Features
- Parking Lot
- Yes
Flood Insurance
- Subject to Survey
- Yes
Price Includes
- Building and Land
- Yes
Available Documents
- Leases
- Yes
Additional Transportation
- Interstate 1 Mile or Less
- Yes
Listing Office:
Proper Grounds
Listing Agent:
Brady Anderson
Last Updated: November - 20 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.