604 Washington Ave - Office FOR SALE


Greenville, MS 38701
$499,000 USD
949-706-6124
604 Washington Ave, Greenville, MS for Sale
$499,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

604 Washington Ave
Greenville, MS 38701


HIGHLIGHTS

  • Street Frontage Plus Expansive Rear Parking Lot
  • Opportunity Zone
  • Available Well Below Replacement Cost

OVERVIEW

FRE Auctions and Al Brock Real Estate are proud to present an exclusive Online Auction Plus® Event for an adaptive reuse opportunity well below replacement cost in a resurging Delta market. For more details and to register and place your bid, go to https://fre.com/562D6 Formerly operated as a Trustmark Bank facility, this two-story commercial building offers substantial square footage, strong physical condition, and immediate usability, making it well-suited for owner-users, investors, or developers. Multi-tenant adaptive reuse potential with massive upside at a price significantly below replacement cost. The in-place banking infrastructure and nearly turnkey condition offer incredible savings for a financial institution, and there is the possibility of adding a drive-thru lane in the rear of the building. (See architectural drawings in the documents section below.) Total Building Size: ±25,258 SF Stories: 2 Year Built: 1952 (renovated 1976) Lot Size: ±1.03 acres Zoning: Commercial Roof: New TPO Roof installed in 2017 Parking: Combination of street frontage plus expansive rear parking lot (±70 spaces) Opportunity Zone: Yes

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$20 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

±25k SF Office BDLG w/±70 Space Rear Parking

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bank, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C-2

APN/PARCEL ID

10276600000,10277200000

ASK ABOUT THIS PROPERTY

Joel SwartzellLFC Communications, Inc., Dba FREMore Info
949-706-6124

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Joel SwartzellLFC Communications, Inc., Dba FREMore Info
949-706-6124

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