710 Main St - Office FOR SALE


Columbus, MS 39701- Downtown Columbus MS
$1,880,000 USD
662-242-0284
710 Main St, Columbus, MS for Sale
$1,880,000 USD
Office - FOR SALE
1/13
null | 8% Cap Rate

710 Main St
Columbus, MS 39701
Downtown Columbus MS


OVERVIEW

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 14 years old, part shingled, part flat with no past issues or major repairs. Building has basement that is not included in the square footage. Some financials available upon request.

FOR SALE DETAILS

PRICE

$1,880,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

153

LAND DETAILS

LAND ACRES

2.43 AC

LAND SF

105,851 SF

ZONING

C 2

APN/PARCEL ID

61W46-00-00100,61W46-00-00300,61W46-00-00400

ASK ABOUT THIS PROPERTY

Royce HudspethRhett Real Estate, Inc.More Info
662-242-0284

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Royce HudspethRhett Real Estate, Inc.More Info
662-242-0284

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