128 E Commerce St - Storefront FOR SALE


Aberdeen, MS 39730
$385,000 USD
662-231-4262
128 E Commerce St, Aberdeen, MS for Sale
$385,000 USD
Storefront - FOR SALE
1/16
null | Request Cap Rate

128 E Commerce St
Aberdeen, MS 39730


HIGHLIGHTS

  • Offered at approximately $31.64 per square foot
  • 75 feet of East Commerce Street frontage with storefront visibility and building mounted signage
  • ADA-accessible main level with two separate lower levels for meetings, back-office operations and storage

OVERVIEW

Offered at $385,000, 128 East Commerce Street is a strong owner-user or redevelopment opportunity in downtown Aberdeen. Built in 1920, the property includes +- 6,417 SF on the main level, plus two separate lower levels totaling 5,751 SF, consisting of +- 3,784 SF and 1,967 SF. The building features a substantial brick structure with prominent storefront visibility and signage opportunities along East Commerce Street. The former bank includes a large lobby, open and private offices, conference rooms, five restrooms, three break rooms, two vaults and extensive storage. The property also offers rear access, shared parking and approximately 75 feet of frontage along East Commerce Street. C-1 zoning supports retail, professional office, public facility and other compatible downtown uses. Future bank use is prohibited. Located in the heart of downtown Aberdeen, the property is near established retailers, City Hall and county and federal courthouses. As the Monroe County seat, Aberdeen draws regular government, legal and professional traffic from the surrounding area. The location also benefits from nearby Highway 45, regional employers and Aberdeen’s active Main Street program. East Commerce Street carries approximately 3,800 to 4,500 vehicles per day. Aberdeen’s economy is supported by regional manufacturing, the Port of Aberdeen and convenient access between Tupelo and Columbus.

FOR SALE DETAILS

PRICE

$385,000 USD

PRICE/SF

$32 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C-1

APN/PARCEL ID

107M-35-004-001.00,107M-35-004-002.00,107M-35-004-003.00

ASK ABOUT THIS PROPERTY

Clay ShortTRI Inc/RealtorsMore Info
662-231-4262

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Clay ShortTRI Inc/RealtorsMore Info
662-231-4262

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