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

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.

More Information MLS# 4113378

Address and Location Information

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

Location

Central Business District: 1 City: 1 City Street: 1 Downtown: 1 Historic Area: 1 Office Building: 1

Listing Information

Listing Service: Full Service Status: Active List Date: 2025-05-15 List Price: $1,350,000 Current Price: $1,350,000 Property Sub Type: Mixed Use

General Property Information

Property Sub Type: Mixed Use New Construction: No Approx Lot Size Acres: 0.11 Lot Size Dimensions: 33 x 148.2 Office Square Footage: 4724 SqFt Source: Owner Warehouse Square Footage: 2800 List Price/SqFt: 128.57 Year Built Source: Assessor Garage Spaces: 6 Total Floors: 2 Bathrooms Half: 1 Bathrooms Three Quarter: 0 Fireplace: No Pool: No School District: Natchez-Adams Accessibility Features: No Approx H/C SqFt: 10500 Year Built: 1890 Bedrooms Total: 3 Bathrooms Full: 3

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

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: 1 Residential: 1

Structure Type

Lowrise 1-2 Floors: 1

Possible Use

Development: 1 Investment: 1 Office: 1 Residential: 1

Business Type

Flex: 1 Professional Service: 1 Residential: 1

Lot Features

City Lot: 1 Interior Lot: 1 Level: 1 Rectangular Lot: 1

Covenants And Restrictions

Architectural Review: 1 Historical: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Commercial Features

Doors 10-15 Feet: 1 Employee Lounge: 1 Employee Restrooms: 1 Inside Storage: 1 Living Space Available: 1 Security System: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Association Fee Includes

Other: 1

Showing Requirements

Showing: Appointment Required Appointment Phone: 6014317653

Utilities

Cable Available: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Available: 1 Sewer Connected: 1 Water Connected: 1

Truck Loading

Less Than 6': 1

Ceiling Height

13' - 15.9': 1

Electricity Features

200+ Amps: 1 Circuit Breakers: 1

Walls - Interior

Sheetrock: 1 Wood: 1

Square Footage Description

Ofc. Bldg 5000-10000 SF: 1

Flooring

Carpet: 1 Hardwood: 1 Vinyl: 1

Seating

1-10: 1

Window Features

Tinted Windows: 1

Expenses Include

Electric: 1 Gas: 1 Insurance: 1 Janitorial Service: 1 Maintenance: 1 Taxes: 1 Water/Sewer: 1

Accessibility Features

Visitable: 1

Cooling

Central Air: 1

Heating

Central: 1

Foundation Details

Other: 1

Sale Options

Other: 1

Auction

Auction: No

Exterior Construction/Siding

Brick: 1 Wood Siding: 1

Roof

Metal: 1

Exterior Features

See Remarks: 1

Driveway Features

Rear Entrance: 1

Parking Features

Automatic Garage Door: 1 Enclosed: 1 Garage: 1 Off Street: 1

Lighting

Fluorescent: 1

Pool Features

None: 1

Basement Features

Basement: Yes Finished: 1

Flood Insurance

No Previous Flood Inside: 1

Water Heater

Two or More: 1

Price Includes

Some Appliances: 1 Some Furnishings: 1

Available Documents

Leases: 1 Photographs: 1 Tax Info: 1

Disclosures

Lead Paint: 1

Additional Transportation

City Street: 1

Approx Age Code

Under 10 Years: 1

Parking Spaces

# Parking Spaces Covered: 6

Religious/Church Features

None: 1

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

Listing Office: Stedman Ulmer Realty

Listing Agent: Sue Stedman

Last Updated: December - 06 - 2025