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
Description
This income generating shopping center is a great investment!
More Information MLS# 4039507
Address and Location Information
Parcel Number: 0166-0005-003
Community Of: N/A
Street Number: 1700
Street Name: University
Street Suffix: Boulevard
County: Hinds
State: MS
Zip Code: 39204
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2023-02-13
List Price: $3,500,000
Current Price: $2,700,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Approx Lot Size Acres: 9.06
SqFt Source: Owner
List Price/SqFt: 31.39
Year Built Source: Public Records
Total Floors: 1
Accessibility Features: No
Approx H/C SqFt: 111500
Year Built: 1951
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
Remarks & Miscellaneous
Public Remarks: This income generating shopping center is a great investment!
Status Change Info
Sold Price/SqFt: 24.22
Contract Date/Pending Date: 2023-03-06
Closing Date: 2023-07-19
Current Use
Retail: 1
Possible Use
Retail: 1
Income & Expenses
Annual Net Income: 316945
Annual Operating Expenses: 239469
Gross Operating Income: 556414
Business Type
Retail: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
SBA: 1
See Remarks: 1
Showing Requirements
Showing: Appointment Required
Square Footage Description
Retail Bldg Over 5000 SF: 1
Auction
Auction: No
Parking Features
Parking Lot: 1
Basement Features
Basement: No
Flood Insurance
Subject to Survey: 1
Price Includes
Building and Land: 1
Available Documents
Leases: 1
Additional Transportation
Interstate 1 Mile or Less: 1
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
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.