# 118 Fourth St NW, Flora, MS 39071

> **TL;DR:** commercial, $997,000 ($12/sqft), built 1958, 84,506 sqft. Est. $4,320/mo. Listed 304 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $997,000 |
| Price/sqft | $12 |
| Square Feet | 84,506 |
| Year Built | 1958 |
| Lot Size | 84,506 sqft (1.94 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 304 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,320 |
| **Total** | **$4,320** |

## Property Highlights

- Built in 1958
- 1.94 acre lot

## Description

### Agent Description
This 13,700-square-foot gymnasium, built in approximately 1970, features original locker rooms, bleachers, and concession facilities. It is located on 1.94 acres within Flora's city limits and offers prime frontage on Fourth and Jackson Streets. The property lies within the new Flora Station and is ideal for adaptive reuse projects such as a community center, fitness facility, condominiums, or an event venue, providing opportunities for creative redevelopment. 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 property is currently being leased and generating monthly income, offering additional potential revenue for future owners.

## Location

- **Address:** 118 Fourth St NW, Flora, MS 39071
- **County:** Madison
- **Coordinates:** 32.543689, -90.317215
- **Google Maps:** https://www.google.com/maps?q=32.543689,-90.317215

## Listing Agent

- **Name:** Tom N Smith
- **Brokerage:** Tom Smith Land & Homes
- **Phone:** 6014549397
- **Email:** tom@tomsmithland.com

## Primary Photo

![118 Fourth St NW - Primary Photo](http://lh.rdcpix.com/11457988dd196ec318680ac234da5f3el-f3561551198r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/118-fourth-st-nw-flora-ms-39071-4115886)*

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**MLS#:** 4115886 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/118-fourth-st-nw-flora-ms-39071-4115886)

---

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