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505 N State Street, Jackson, MS 39201
$350,000
Property Type:
Commercial Sale
Square Footage:
8,157
Lot Size (sq. ft.):
39,640
Status:
Closed
Current Price:
$533,000
List Date:
1/10/2024
Last Modified:
11/20/2024
Description
505 North state street is recognized by the National Register of Historic Places. 505, The Joseph Henry Morris House, is considered to be one of the state's most outstanding examples of the Neoclassical Revival style. This architecturally significant property features huge rooms with high ceilings, rare and ornate construction, and impressive features. This portion of the portfolio contains the 505 building and the neighboring parking lot which is leased to state legislative's lobbyists. The opportunity to acquire this property represents a truly rare chance to own a significant piece of downtown Jackson's history. These extremely well positioned historic central business district Jackson landmarks are located in the 500 block of North State Street in the shadow of the Mississippi State Capitol. This portfolio contains two of the only remaining distinguished residential buildings from the late 19th and early 20th century in downtown Jackson along with two additional lots. The central business district zoning allows all four of the properties to be made available for a wide variety of uses including professional office space, boutique retail, multi-family redevelopment, mixed use, and more.
More Information MLS# 4036005
Address and Location Information
Parcel Number: 35-10
Community Of: N/A
Street Number: 505
Street Direction: N
Street Name: State
Street Suffix: Street
County: Hinds
State: MS
Zip Code: 39201
Subdivision: Metes And Bounds
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2022-12-27
List Price: $533,000
Current Price: $350,000
Property Sub Type: Office
General Property Information
Property Sub Type: Office
New Construction: No
Approx Lot Size Acres: 0.91
Lot Size Dimensions: .91
SqFt Source: Assessor
List Price/SqFt: 65.34
Year Built Source: Public Records
Total Floors: 2
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Fireplace: Yes
Accessibility Features: No
Approx H/C SqFt: 8157
Year Built: 1893
Tax and Financial Information
Tax Annual Amount: 1169.05
Tax Year: 2022
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Legal Description: LOT 1 SQ 5 N J
Remarks & Miscellaneous
Public Remarks: 505 North state street is recognized by the National Register of Historic Places. 505, The Joseph Henry Morris House, is considered to be one of the state's most outstanding examples of the Neoclassical Revival style. This architecturally significant property features huge rooms with high ceilings, rare and ornate construction, and impressive features. This portion of the portfolio contains the 505 building and the neighboring parking lot which is leased to state legislative's lobbyists. The opportunity to acquire this property represents a truly rare chance to own a significant piece of downtown Jackson's history. These extremely well positioned historic central business district Jackson landmarks are located in the 500 block of North State Street in the shadow of the Mississippi State Capitol. This portfolio contains two of the only remaining distinguished residential buildings from the late 19th and early 20th century in downtown Jackson along with two additional lots. The central business district zoning allows all four of the properties to be made available for a wide variety of uses including professional office space, boutique retail, multi-family redevelopment, mixed use, and more.
Status Change Info
Sold Price/SqFt: 42.91
Contract Date/Pending Date: 2024-02-27
Closing Date: 2024-07-24
Current Use
Office: 1
Possible Use
Commercial: 1
Development: 1
Investment: 1
Multi-Family: 1
Office: 1
Residential: 1
Restaurant: 1
Retail: 1
Showing Requirements
Showing: Appointment Required
Auction
Auction: No
Basement Features
Basement: No
Property Features
Current Use: Office
Possible Use: Commercial; Development; Investment; Multi-Family; Office; Residential; Restaurant; Retail
Listing Office:
Overby, Inc.
Listing Agent:
Sterling McCool
Last Updated: November - 20 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.