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About This Home

This 0-bedroom, 0-bathroom commercial at 117 B Fourth St NW in Flora, MS is listed for $1,332,000 ($6 per sqft). Built in 1922, the home offers 217,800 sqft of living space on a 5.00 acres lot.

Agent Description

Welcome to a rare development opportunity in the heart of Flora, MS. This 5.0 acre property within the city limits offers historic charm with modern potential. The property's main feature is a stately, 14,044 square foot school with solid brick walls.

Also included is a 5,300 square foot theater with a large stage and supporting amenities, a fully equipped 4,800 square foot cafeteria, and two tennis courts. With its architectural significance and timeless character, the property may qualify for Federal and State Historical tax credits.

The property lies within the new Flora Station well-positioned for various transformative projects from upscale residential conversions to mixed-use developments. Recent investments in Flora, including Entergy Mississippi's $30 million project and the Amazon/Megasite facility, underscore the area's growth and development potential.

The location offers excellent visibility and accessibility, with frontage on Fourth Street and Jackson Street. As part of the Madison County School District and with city water and sewer services available, the groundwork for future development is already in place. Floras comprehensive plan encourages the kind of adaptive reuse this site makes possible preserving the past while embracing progress. Let your vision come to life here in Madison County.

Key Features

  • Built in 1922
  • 5.00 acre lot

Property Details

1 story
1922

Monthly Cost Estimate

$7,124/mo

20% down · 6.5% · 30 years

Principal$963
Interest$5,772
Insurance$389

Estimates only. Actual payments may vary.

Location

117 B Fourth St NW

Flora, MS 39071

Property Details

Flooring

Concrete

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 117 B Fourth St NW is listed at $1,332,000 ($6/sqft). The estimated monthly payment is $5,772 based on 20% down at 6.5% interest.

Key features include: Built in 1922, 5.00 acre lot.

This property is listed by Tom N Smith and can be reached at 6014549397 or tom@tomsmithland.com.

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TS

Tom N Smith

Agent at Tom Smith Land & Homes

(601) 454-9397

Listed by Tom Smith Land & Homes

MLS# 4115883· Source: listhub· Updated 304 days ago

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117 B Fourth St NW, Flora, MS 39071

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