710 Main St Columbus, MS $ 1,880,000
710 Main St
$ 1,880,000
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710 Main St

Columbus, MS, 39701
$ 1,880,000
Baths0.0 Sq 40,768

Monthly Estimate*

$ 12,495

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Studio

Commercial Property for sale in Columbus, MS

for $1,880,000. This 40,768 square foot building was built on a lot size of 2.42.

Beautiful, well maintained building in the historic downtown Columbus area. Occupying nearly a city block, this property represents a unique purchase-leaseback investment opportunity. Regions Bank will remain in the building occupying the first floor of 10,745 sq ft. The bank would be under a 10 year lease with an additional three, 5 year renewable options. That would be an 8% CAP rate for that sq footage. This leaves 30,000 sq ft(+/-) to be occupied or leased plus a basement for storage. Building has two elevators one on the east side the other on the west side of the building. 153 parking spaces. Roof is 12 years old, part shingled, part flat with no past issues or major repairs. Building has basement that is not included in the square footage.

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Commercial Active

Price

$ 1,880,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 60,909

Style

Lot Size

2.42

Town/City

Columbus

County/Region

Lowndes

MLS | Web ID

231164

Features
General
Sewer City
Water City
Flood Zone No
Zoning C-2
Subdivision None
County Lowndes
Business Type Financial
Property Type D
Tax Year 2022
City Columbus
Taxes 60909.00
Street Name Main St
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Interior
Heating Other
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Exterior
Lot Size 2.42 Acres(+/-)
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* Excluded Features
List By
Rhett Real Estate,Inc.

Broker

royce@realestateinc.com

Email

Affordability Calculator

$17,571
Per Month
71%
29%
0%
Monthly Principal & Interest
$12,495
Monthly Property Taxes
$5,076
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3466295 Elementary School
3466296 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/28/2023$1,880,000 Listed Price

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710 Main St, Columbus, MS, 39701 is a Commercial Property for sale at $1,880,000 with 40,768 sqft and a lot size of 2.42. 710 Main St is a studio with 0.0 baths. The property's zip code is 39701 which is in Columbus, MS