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: 3/30/2026

Overview

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 ...

Listing Details MLS# 4098007

General Property Information

Approx Lot Size Acres
0.05
Lot Size Dimensions
23 1/2 x 110
Approx H/C SqFt
4074
SqFt Source
Appraiser
List Price/SqFt
88.37
Number of Lots
2
Year Built
1920
Year Built Source
Public Records
Total Floors
2
Accessibility Features
No
Property Sub Type
Other
New Construction
No
Property Condition
Updated/Remodeled

Address and Location Information

Street Number
109
Street Direction
N
Street Name
State
Street Suffix
Street
County
Hinds
State
MS
Zip Code
39201
Unit #
11
Nearest Cross Street
Capitol
Parcel Number
0033-0006-000
Subdivision
Historic District
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

Listing Information

Property Sub Type
Other
Listing Service
Full Service

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

Auction

Auction
No

Showing Requirements

Showing
Appointment Required

More Information

Basement Features

Basement
No

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.
Listing Office: Overby, Inc.
Listing Agent: Alicen Blanchard
Last Updated: March - 30 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.