116 S Canal St - Office FOR SALE


Natchez, MS 39120
$850,000 USD
601-431-2644
116 S Canal St, Natchez, MS for Sale
$850,000 USD
Office - FOR SALE
1/30
null | Request Cap Rate

Apr '27


116 S Canal St
Natchez, MS 39120


OVERVIEW

This commercial building is located on the northwest corner of Canal Street and State Street in the heart of historic downtown Natchez MS. This well located property is one block from the Natchez Bluffs parade and festival grounds, walking distance to all of downtown Natchez and comes with a 30 +/- car parking area across State Street on the southwest corner of Canal and State Street. 46% of the building is leased as office space to Medicaid, 13% is leased to as a restaurant space to The Pig Out Inn Barbecue Restaurant and the remaining 41% of the building is warehouse space that is currently being used for storage. The building was constructed in 1950 and was renovated in 2014. The building sits on a 0.68 acre lot. The parking area contains 0.23 acres. The warehouse area could easily be renovated to accommodate any one of the wide variety uses that are permitted in the B-2 Zoning. District.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

NW and SW Corners of Canal and State Streets

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

B-2

APN/PARCEL ID

0001-0003-0001

ASK ABOUT THIS PROPERTY

Glenn GreenPaul Green & AssociatesMore Info
601-431-2644

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Glenn GreenPaul Green & AssociatesMore Info
601-431-2644

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.