109 N State Street, 11, Jackson, MS 39201
$360,000
Property Type:
Commercial Sale
Square Footage:
4,074
Lot Size (sq. ft.):
2,178
Status:
Active
Current Price:
$360,000
List Date:
12/02/2024
Last Modified:
1/09/2026
Description
Located in the heart of downtown Jackson's Spengler's Corner Historic District, this mixed-use property offers a compelling investment opportunity with strong current income and value-add potential.
The ground floor is leased to Offbeat Records, a popular, established local business, providing immediate cash flow and a stable tenant in a high-traffic area.
Upstairs, a versatile office/loft space with abundant natural light and historic charm is ready for lease. Ideal for professional offices, creative studios, or co-working environments, the flexible layout can be easily tailored to a range of tenants.
Surrounded by downtown Jackson's ongoing revitalization, the property offers walkable access to dining, retail, cultural attractions, and transit, with major highways nearby.
Whether you're expanding your portfolio or seeking a stable, well-located asset, 109 N State Street presents strong upside in one of the city's most dynamic districts.
Parking lot (parcel number 33-33) conveys with purchase of building. In addition, the city of Jackson offers monthly parking permits for use in any metered spot for approx $65/month.
More Information MLS# 4098007
Address and Location Information
Nearest Cross Street: Capitol
Parcel Number: 0033-0006-000
Directions to Property: Pearl Street Exit to N State Street. Turn N on N State Street. Property is on the W side between Capitol and Amite Streets.
Community Of: N/A
Street Number: 109
Street Direction: N
Street Name: State
Street Suffix: Street
County: Hinds
State: MS
Zip Code: 39201
Unit #: 11
Subdivision: Historic District
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2024-12-02
List Price: $360,000
Current Price: $360,000
Property Sub Type: Other
General Property Information
Property Sub Type: Other
New Construction: No
Property Condition: Updated/Remodeled
Approx Lot Size Acres: 0.05
Lot Size Dimensions: 23 1/2 x 110
SqFt Source: Appraiser
List Price/SqFt: 88.37
Number of Lots: 2
Year Built Source: Public Records
Total Floors: 2
Accessibility Features: No
Approx H/C SqFt: 4074
Year Built: 1920
Tax and Financial Information
Tax Annual Amount: 6024
Tax Year: 2023
Zoning: Historic District
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: Building: 23 1/2 FT W/S N STATE ST X 110 FT E & W N OF SPENGLER IN LOT 2 SQ 1 N J
Parking Lot: BEG AT PT APP 154 FT W & 150 FT S OF INT
S/L AMITE ST & W/L N STATE ST E 26 FT S
20.15 FT E 20 FT S 48.1 FT E 14 FT S 11.7 FT
W 6.45 FT N 1.15 FT W 2.2 FT S 2.1 FT W 7.85
FT N 4.9 FT W 12 FT N 49.70 FT W 30.4 FT N 36
FT TO POB IN LOT 2 SQ 1 N J
Remarks & Miscellaneous
Public Remarks: Located in the heart of downtown Jackson's Spengler's Corner Historic District, this mixed-use property offers a compelling investment opportunity with strong current income and value-add potential.
The ground floor is leased to Offbeat Records, a popular, established local business, providing immediate cash flow and a stable tenant in a high-traffic area.
Upstairs, a versatile office/loft space with abundant natural light and historic charm is ready for lease. Ideal for professional offices, creative studios, or co-working environments, the flexible layout can be easily tailored to a range of tenants.
Surrounded by downtown Jackson's ongoing revitalization, the property offers walkable access to dining, retail, cultural attractions, and transit, with major highways nearby.
Whether you're expanding your portfolio or seeking a stable, well-located asset, 109 N State Street presents strong upside in one of the city's most dynamic districts.
Parking lot (parcel number 33-33) conveys with purchase of building. In addition, the city of Jackson offers monthly parking permits for use in any metered spot for approx $65/month.
Showing Requirements
Showing: Appointment Required
Auction
Auction: No
Basement Features
Basement: No
Documents
National Register of Historic Places ›
Listing Office:
Overby, Inc.
Listing Agent:
Alicen Blanchard
Last Updated: January - 09 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.