450 Towne Center Boulevard, Ridgeland, MS 39157

New Listing
$10,000,000
Property Type: Commercial Sale Square Footage: 51,122 Lot Size (sq. ft.): 223,898 Status: Active
Current Price: $10,000,000 List Date: 9/26/2026 Last Modified: 9/26/2026

Overview

Description

Purpose-built 51,122 SF care campus on 5.14 acres in Ridgeland, delivered vacant. Built 1997 to 1999 as an inpatient hospice, with fifty private resident rooms in five separately accessed suites, a central nursing core, commercial kitchen and laundry, dining, a timber-vaulted chapel and a two-story administration building with elevator, all connected by an enclosed walkway. Sprinklered throughout, Flood Zone X, 101 parking spaces. A 15,432 SF expansion wing is framed and ready to finish. S-1 Special Use zoning lists group care facilities, retirement communities with related health care, schools and churches as permitted uses, suiting residential treatment, assisted living and memory care, or institutional users. Priced at approximately $196/SF, below contractor-quoted shell construction cost. Room counts per architect's drawings. Buyer to verify zoning, licensure and all information independently.

Listing Details MLS# 4163726

General Property Information

Approx Lot Size Acres
5.14
Approx H/C SqFt
51122
SqFt Source
Other
List Price/SqFt
195.61
Year Built Known
Yes
Divisible
No
Year Built
1999
Year Built Source
Public Records
Total Floors
2
Pool
No
Accessibility Features
Yes
Property Sub Type
Other
New Construction
No
Property Condition
Updated/Remodeled

Property Features

Business Type: Convalescent; Medical; Nursing Home; Senior Housing Current Use: Commercial Commercial Features: Dumpster; Elevator(s) Lot Features: Corner Lot; Level Levels: Two Cooling: Central Air Heating: Central Utilities: Back Up Generator Ready Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Roof: Shingle Parking Features: Parking Lot; Paved Available Documents: Brochure Approx Age Code: Older 25+ Years

Address and Location Information

Street Number
450
Street Name
Towne Center
Street Suffix
Boulevard
County
Madison
State
MS
Zip Code
39157
Parcel Number
072i-32b-022-00-00
PPIN
18831
Subdivision
Highland Colony
Community Of
N/A

Listing Information

Property Sub Type
Other
Listing Service
Full Service
Never Occupied
No

Tax and Financial Information

Tax Annual Amount
2908
Tax Year
2025
Flood Insurance Required?
No
Leasehold Y/N
No
Association
No
Legal Description
1.32 acres out of Lot 2, Block 38, Highland Colony Subdivision (three parcels), and 1.18 acres in Lots 3 and 6 of Block 38 and Lot 6 of Block 36, Highland Colony

Commercial Features

Business Included
No
Divisible
No
Number of Rooms
50
Dumpster
Yes
Elevator(s)
Yes

More Information

Auction

Auction
No

Showing Requirements

Showing
Appointment Required
Appointment Phone
6016248511
Lockbox Location
See Remarks

Basement Features

Basement
No

Remarks & Miscellaneous

Public Remarks
Purpose-built 51,122 SF care campus on 5.14 acres in Ridgeland, delivered vacant. Built 1997 to 1999 as an inpatient hospice, with fifty private resident rooms in five separately accessed suites, a central nursing core, commercial kitchen and laundry, dining, a timber-vaulted chapel and a two-story administration building with elevator, all connected by an enclosed walkway. Sprinklered throughout, Flood Zone X, 101 parking spaces. A 15,432 SF expansion wing is framed and ready to finish. S-1 Special Use zoning lists group care facilities, retirement communities with related health care, schools and churches as permitted uses, suiting residential treatment, assisted living and memory care, or institutional users. Priced at approximately $196/SF, below contractor-quoted shell construction cost. Room counts per architect's drawings. Buyer to verify zoning, licensure and all information independently.

Current Use

Commercial
Yes

Business Type

Convalescent
Yes
Medical
Yes
Nursing Home
Yes
Senior Housing
Yes

Lot Features

Corner Lot
Yes
Level
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Utilities

Back Up Generator Ready
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Roof

Shingle
Yes

Parking Features

Parking Lot
Yes
Paved
Yes

Available Documents

Brochure
Yes

Approx Age Code

Older 25+ Years
Yes

Uncovered Parking?

Over 100 Spaces
Yes

Religious/Church Features

Chapel
Yes
Listing Office: Overby, Inc.
Listing Agent: Scott Overby
Source MLS Verified
Last Updated: September - 26 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.