521 Franklin Street, Natchez, MS 39120

$100,000
Property Type: Commercial Sale Square Footage: 11,680 Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $229,000 List Date: 11/01/2024 Last Modified: 6/12/2025

Description

CORNER BUILDING DOWNTOWN NATCHEZ. Located Five Blocks from River Front on Corner of Franklin & Union Streets. Multi-Purpose Buidling has a Warehouse Vibe & is Ready for Renovations. Brick Exterior. Standing Seam Metal Roof. Hard Wood Floors on every Level. First Floor has 4640 Square Foot of Open Space with a Stage. Approx 2400 SF of Mezzanine Space overlooks the Main Floor. A rear Stairway leads to the Upper Floor (above the Mezzanine) with another 4640 Square Feet of Open Space. The Possibilities are Endless. Would be great Live/Work Building with Retail on Main Floor & Luxury Apartment (or two) Upstairs. Could be an Antique Mall or Event Venue. (That Mezzanine reminds me of The House of Blues!) There is approximate 928 Square Foot of Outdoor Space on Rear of Buidling. (size about 16 x 58 ft) There is a Vintage Pulley System Elevator. Portal Windows on the Mezzanine Level. There is No off-street parking or plumbing. Property should qualify for Historic Tax Credits. Built 1900***The accuracy of all listing information, including but not limited to square footage, is deemed reliable but not guaranteed***

More Information MLS# 4095616

Address and Location Information

Nearest Cross Street: UNION STREET Parcel Number: 0004-0003-0013 Directions to Property: CORNER OF FRANKLIN & UNION STREETS DOWNTOWN NATCHEZ Community Of: N/A Street Number: 521 Street Name: Franklin Street Suffix: Street County: Adams State: MS Zip Code: 39120

Location

Downtown: 1

Listing Information

Listing Service: Full Service Status: Closed List Date: 2024-01-18 List Price: $229,000 Current Price: $100,000 Property Sub Type: Retail

General Property Information

Property Sub Type: Retail New Construction: No Approx Lot Size Acres: 0.13 Lot Size Dimensions: 58X96 SqFt Source: Assessor List Price/SqFt: 19.61 Year Built Source: Assessor Garage Spaces: 0 Carport Spaces: 0 Total Floors: 2 School District: Natchez-Adams Accessibility Features: No Approx H/C SqFt: 11680 Year Built: 1900

Tax and Financial Information

Tax Annual Amount: 1575 Tax Year: 2023 Flood Insurance Required?: No Leasehold Y/N: No Legal Description: B&L 521 FRANKLIN ST 41-111D-96

Remarks & Miscellaneous

Public Remarks: CORNER BUILDING DOWNTOWN NATCHEZ. Located Five Blocks from River Front on Corner of Franklin & Union Streets. Multi-Purpose Buidling has a Warehouse Vibe & is Ready for Renovations. Brick Exterior. Standing Seam Metal Roof. Hard Wood Floors on every Level. First Floor has 4640 Square Foot of Open Space with a Stage. Approx 2400 SF of Mezzanine Space overlooks the Main Floor. A rear Stairway leads to the Upper Floor (above the Mezzanine) with another 4640 Square Feet of Open Space. The Possibilities are Endless. Would be great Live/Work Building with Retail on Main Floor & Luxury Apartment (or two) Upstairs. Could be an Antique Mall or Event Venue. (That Mezzanine reminds me of The House of Blues!) There is approximate 928 Square Foot of Outdoor Space on Rear of Buidling. (size about 16 x 58 ft) There is a Vintage Pulley System Elevator. Portal Windows on the Mezzanine Level. There is No off-street parking or plumbing. Property should qualify for Historic Tax Credits. Built 1900***The accuracy of all listing information, including but not limited to square footage, is deemed reliable but not guaranteed***

Status Change Info

Sold Price/SqFt: 8.56 Contract Date/Pending Date: 2025-05-09 Closing Date: 2025-06-12

Current Use

Other: 1

Possible Use

Investment: 1 Residential: 1 Retail: 1

Lot Features

City Lot: 1 Corner Lot: 1

Covenants And Restrictions

Historical: 1

Levels

Two: 1 See Remarks: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Showing Requirements

Showing: Appointment Required Appointment Phone: 601.807.1700

Utilities

Electricity Connected: 1

Ceiling Height

11' - 12.9': 1

Walls - Interior

Plaster: 1 Other: 1 See Remarks: 1

Flooring

Wood: 1

Auction

Auction: No

Exterior Construction/Siding

Brick: 1

Parking Features

On Street: 1

Basement Features

Basement: No

Disclosures

Lead Paint: 1

Additional Transportation

City Street: 1

Property Features

Current Use: Other Possible Use: Investment; Residential; Retail Ceiling Height: 11' - 12.9' Lot Features: City Lot; Corner Lot Location: Downtown Levels: Two; See Remarks Covenants And Restrictions: Historical Walls - Interior: Plaster; Other; See Remarks Flooring: Wood Utilities: Electricity Connected Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Parking Features: On Street Additional Transportation: City Street Disclosures: Lead Paint
Listing Office: Paul Green & Associates Realtors
Listing Agent: Donna M Ball
Last Updated: June - 12 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.