117 SW Fourth Street Flora, MS $ 3,195,000
117 SW Fourth Street
$ 3,195,000
Share Save

117 SW Fourth Street

Flora, MS, 39071
$ 3,195,000
Baths0.0 Sq 14,000

Monthly Estimate*

$ 22,318

117 SW Fourth Street, Flora, MS 39071 - Image 1
117 SW Fourth Street, Flora, MS 39071 - Image 2
117 SW Fourth Street, Flora, MS 39071 - Image 3
117 SW Fourth Street, Flora, MS 39071 - Image 4
117 SW Fourth Street, Flora, MS 39071 - Image 5
117 SW Fourth Street, Flora, MS 39071 - Image 6
117 SW Fourth Street, Flora, MS 39071 - Image 7
117 SW Fourth Street, Flora, MS 39071 - Image 8
117 SW Fourth Street, Flora, MS 39071 - Image 9
117 SW Fourth Street, Flora, MS 39071 - Image 10
117 SW Fourth Street, Flora, MS 39071 - Image 11
117 SW Fourth Street, Flora, MS 39071 - Image 12
117 SW Fourth Street, Flora, MS 39071 - Image 13
117 SW Fourth Street, Flora, MS 39071 - Image 14
117 SW Fourth Street, Flora, MS 39071 - Image 15
117 SW Fourth Street, Flora, MS 39071 - Image 16
117 SW Fourth Street, Flora, MS 39071 - Image 17
117 SW Fourth Street, Flora, MS 39071 - Image 18
117 SW Fourth Street, Flora, MS 39071 - Image 19
117 SW Fourth Street, Flora, MS 39071 - Image 20
117 SW Fourth Street, Flora, MS 39071 - Image 21
Studio

Commercial Property for sale in Flora, MS

for $3,195,000. This 14,000 square foot building was built in 1937 on a lot size of 16.34.

Welcome to your future upscale housing development opportunity nestled within the charming city limits of Flora, MS. This expansive 16.38 acre property offers a blend of historic charm and modern potential, presenting an array of possibilities for savvy investors. The centerpiece of this property is a stately 14,000 square-foot school building allegedly built in 1922, with solid brick exterior walls poised to be transformed into luxurious residences. Imagine the allure of exposed brick walls reminiscent of its rich history. Should the buyer desire, the esteemed MS Department of Archives and History stands ready to accept this gem, opening doors to enticing tax credits. Within the school's confines, a well-maintained gym spanning 10,500 square feet awaits, boasting locker rooms, bleachers, and concession facilities. Additionally, the property features two tennis courts and a theater space encompassing 5,000 square feet, complete with a large stage and ample amenities. This package also includes a 2,000-square-foot cafeteria, fully equipped and in place for use. Small hill behind Cafeteria, Main Building and Theater leads down to approximately 10 acres of flat, level ground that could be easily developed. Easement to Hwy 49 could potentially be negotiated with adjacent landowners, opening up traffic count and easing traffic flow. Situated within Flora's city limits, this property enjoys prime frontage on both Fourth and Jackson Street, making it easily accessible and highly visible. Zoned for Special Use, the options for development are vast, limited only by imagination. With Flora Water and Sewer services readily available, the groundwork for success is laid.The canvas is vast, the potential boundless. Seize this opportunity to shape the future of Flora, MS, and make your mark on its storied landscape. Contact Tom today to explore the endless possibilities that await on this remarkable property!Consider the endless possibilities that await:Multi-Unit Complex: Create a vibrant community within these grounds, offering modern living spaces amidst a historical backdropAssisted Living Community: Cater to the needs of seniors in picturesque setting, fostering a sense of comfort and securityPrivate Academy: Establish a prestigious educational institution, leveraging the existing facilities to nurture future generationsShopping Center Lifestyle Complex: Create a dynamic hub for retail, dining, and entertainment10+/- Acres for Development: Harness the expanse of open land for custom projects tailored to meet specific needs and visions.This property could be commercial or residential.

See more

Commercial Active

Price

$ 3,195,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,099

Style

Special Purpose

Lot Size

16.34

Year Built

1937

Town/City

Flora

County/Region

Madison

MLS | Web ID

4074985

Features
Exterior
Exterior Features Tennis Court(s)
Lot Features City Lot Level
Parking Features Paved
Pool Features None
See more
General
Roof Aluminum
current use Vacant
School District Madison CO Dist
HOA No
New Construction No
Subdivision Metes And Bounds
County Madison
Levels One
Business Type Other Special Purpose
Property Type E
Location City State Highway
Accessibility Features No
Tax Year 2023
Status Active
Commercial Features Other
Sub Type Special Purpose
Year Built 1937
City Flora
Legal Description LOT 880X742 1/2 FT W OF 4TH ST TWEEN CENTER & MADISON STREETS LESS .59A -14.44 AC-
Elementary School Madison County
Structure Type Other See Remarks
Street Name Fourth
Listing Terms 1031 Exchange Cash Contract Conventional
Flood Insurance Required? No
See more
Interior
Flooring Concrete Tile
Total Floors 1
See more
* Excluded Features
List By
Thomas N Smith

Listing Agent

Tom Smith Land & Homes

Broker

tom@tomsmithland.com

Email

Affordability Calculator

$23,076
Per Month
97%
3%
0%
Monthly Principal & Interest
$22,318
Monthly Property Taxes
$758
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3601780 Elementary School
3550659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$3,195,000 Listed Price

Map


See all

117 SW Fourth Street, Flora, MS, 39071 is a Commercial Property for sale at $3,195,000 with 14,000 sqft and a lot size of 16.34. 117 SW Fourth Street is a studio with 0.0 baths and was built in 1937. The property's zip code is 39071 which is in Flora, MS