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$1,975,000
Est. payment /mo
9,750 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,750 sqft
Price per Sqft $202
Subdivision Highland Colony
MLS Listing ID 4109744
Originating Board MLS United
Year Built 2007
Annual Tax Amount $10,839
Lot Size 1.100 Acres
Acres 1.1
Property Sub-Type Mixed Use
Property 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.
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.
Location
State MS
County Madison
Building
New Construction No
Others
Tax ID 072i-30c-007-05-00
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Information is deemed to be reliable but not guaranteed. Copyright © 2025 MLS United, LLC.
Listed by Southern Homes Real Estate