507 Franklin Street, Natchez, MS 39120 (MLS# 4113378)

507 Franklin Street, Natchez, MS 39120

$1,350,000

Property Type: Commercial Sale Bedrooms: 3 Square Footage: 10,500 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $1,350,000 List Date: 12/06/2025 Last Modified: 12/06/2025

Overview

Description

2574 sq ft of Beautiful Class A office space downstairs with 8 offices, kitchen, conference and storage rooms, and 35' x 80' 6 car garage with auto door. 2 residential apartments upstairs. A 35' x 85' basement is accessed through the main floor with 9' ceilings, and is partially heated and cooled. Apt. A is 1200 sq ft, 2 BR, 2 BA. Apt B is 950 sq ft, 1 BR, 1, 1/2 bath. Both have laundry/utility rooms and walk-in closets. Off of Apt B is a 35'x25' deck. Building and mechanicals were renovated in 1996. 14' and 10' ceilings downstairs. 11' ceilings upstairs throughout.

Listing Details MLS# 4113378

General Property Information

Approx Lot Size Acres: 0.11
Lot Size Dimensions: 33 x 148.2
Approx H/C SqFt: 10500
Office Square Footage: 4724
Warehouse Square Footage: 2800
SqFt Source: Owner
List Price/SqFt: 128.57
Year Built: 1890
Year Built Source: Assessor
Garage Spaces: 6
Total Floors: 2
Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Half: Yes
Fireplace: No
Pool: No
School District: Natchez-Adams
Accessibility Features: No
Property Sub Type: Mixed Use
New Construction: No
Bathrooms Three Quarter: 0

Property Features

Business Type: Flex; Professional Service; Residential Current Use: Office; Residential Possible Use: Development; Investment; Office; Residential Commercial Features: Doors 10-15 Feet; Employee Lounge; Employee Restrooms; Inside Storage; Living Space Available; Security System Structure Type: Lowrise 1-2 Floors Truck Loading: Less Than 6' Ceiling Height: 13' - 15.9' Electricity Features: 200+ Amps; Circuit Breakers Lot Features: City Lot; Interior Lot; Level; Rectangular Lot Location: Central Business District; City Street; Downtown; Historic Area; Office Building Levels: Two Square Footage Description: Ofc. Bldg 5000-10000 SF Seating: 1-10 Covenants And Restrictions: Architectural Review; Historical Expenses Include: Electric; Gas; Insurance; Janitorial Service; Maintenance; Taxes; Water/Sewer Association Fee Includes: Other Walls - Interior: Sheetrock; Wood Lighting: Fluorescent Flooring: Carpet; Hardwood; Vinyl Window Features: Tinted Windows Accessibility Features: Visitable Cooling: Central Air Heating: Central Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Other Listing Terms: Cash; Conventional Sale Options: Other Roof: Metal Exterior Features: See Remarks Driveway Features: Rear Entrance Parking Features: Automatic Garage Door; Enclosed; Garage; Off Street Additional Transportation: City Street Pool Features: None Basement Features: Finished Flood Insurance: No Previous Flood Inside Water Heater: Two or More Price Includes: Some Appliances; Some Furnishings Available Documents: Leases; Photographs; Tax Info Disclosures: Lead Paint Approx Age Code: Under 10 Years

Address and Location Information

Street Number: 507
Street Name: Franklin
Street Suffix: Street
County: Adams
State: MS
Zip Code: 39120
Nearest Cross Street: Commerce
Parcel Number: 0004-0003-0009
Subdivision: Downtown
Community Of: N/A

Listing Information

Property Sub Type: Mixed Use
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 8551
Tax Year: 2024
Zoning: General Business
Flood Insurance Required?: No
Leasehold Y/N: No
16th Section: No
Sold In Previous 12 Months: No
Association: No
Legal Description: B&L#507 FRANKLIN ST 41-111D-92

Auction

Auction: No

More Information

Showing Requirements

Showing: Appointment Required
Appointment Phone: 6014317653

Parking Spaces

# Parking Spaces Covered: 6

Location

Central Business District: Yes
City: Yes
City Street: Yes
Downtown: Yes
Historic Area: Yes
Office Building: Yes

Remarks & Miscellaneous

Public Remarks: 2574 sq ft of Beautiful Class A office space downstairs with 8 offices, kitchen, conference and storage rooms, and 35' x 80' 6 car garage with auto door. 2 residential apartments upstairs. A 35' x 85' basement is accessed through the main floor with 9' ceilings, and is partially heated and cooled. Apt. A is 1200 sq ft, 2 BR, 2 BA. Apt B is 950 sq ft, 1 BR, 1, 1/2 bath. Both have laundry/utility rooms and walk-in closets. Off of Apt B is a 35'x25' deck. Building and mechanicals were renovated in 1996. 14' and 10' ceilings downstairs. 11' ceilings upstairs throughout.

Current Use

Office: Yes
Residential: Yes

Structure Type

Lowrise 1-2 Floors: Yes

Possible Use

Development: Yes
Investment: Yes
Office: Yes
Residential: Yes

Business Type

Flex: Yes
Professional Service: Yes
Residential: Yes

Lot Features

City Lot: Yes
Interior Lot: Yes
Level: Yes
Rectangular Lot: Yes

Covenants And Restrictions

Architectural Review: Yes
Historical: Yes

Levels

Two: Yes

Sewer

Public Sewer: Yes

Commercial Features

Doors 10-15 Feet: Yes
Employee Lounge: Yes
Employee Restrooms: Yes
Inside Storage: Yes
Living Space Available: Yes
Security System: Yes

Water Source

Public: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Association Fee Includes

Other: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Connected: Yes

Truck Loading

Less Than 6': Yes

Ceiling Height

13' - 15.9': Yes

Electricity Features

200+ Amps: Yes
Circuit Breakers: Yes

Walls - Interior

Sheetrock: Yes
Wood: Yes

Square Footage Description

Ofc. Bldg 5000-10000 SF: Yes

Flooring

Carpet: Yes
Hardwood: Yes
Vinyl: Yes

Seating

1-10: Yes

Window Features

Tinted Windows: Yes

Expenses Include

Electric: Yes
Gas: Yes
Insurance: Yes
Janitorial Service: Yes
Maintenance: Yes
Taxes: Yes
Water/Sewer: Yes

Accessibility Features

Visitable: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Foundation Details

Other: Yes

Sale Options

Other: Yes

Exterior Construction/Siding

Brick: Yes
Wood Siding: Yes

Roof

Metal: Yes

Exterior Features

See Remarks: Yes

Driveway Features

Rear Entrance: Yes

Parking Features

Automatic Garage Door: Yes
Enclosed: Yes
Garage: Yes
Off Street: Yes

Lighting

Fluorescent: Yes

Pool Features

None: Yes

Basement Features

Basement: Yes
Finished: Yes

Flood Insurance

No Previous Flood Inside: Yes

Water Heater

Two or More: Yes

Price Includes

Some Appliances: Yes
Some Furnishings: Yes

Available Documents

Leases: Yes
Photographs: Yes
Tax Info: Yes

Disclosures

Lead Paint: Yes

Additional Transportation

City Street: Yes

Approx Age Code

Under 10 Years: Yes

Religious/Church Features

None: Yes

Listing Office: Stedman Ulmer Properties

Listing Agent: Sue Stedman

Last Updated: December - 06 - 2025