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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.