618 Magnolia Street, Madison, MS 39110

$585,000
Property Type: Commercial Sale Square Footage: 2,884 Lot Size (sq. ft.): 87,120 Status: Closed
Current Price: $599,000 List Date: 1/14/2022 Last Modified: 1/12/2026

Description

This property offers the best of both worlds! It is close to Old Town Madison and its urban amenities, yet separate enough to make the building feel like a destination unto itself. Beyond that the 1.97 acre parcel puts the building's architecture on full display. With floor-to-ceiling windows in the executive office and common area, natural light pours into the building and brings the outdoors in, and with a covered patio and back porch with rear access, you can actually take your work outside to change up your workflow. The building has five individual offices, three half baths, a large kitchen/common area, four storage areas and a vaulted corridor to bring everything together. And with four covered parkings spaces and a large parking pad, the user's clients and customers can pull right up to the front door for easy access. This one-of-a kind property has been a great corporate office for the current owner, but it also would make a great multi-tenant/shared office space for an investor.

More Information MLS# 4006743

Address and Location Information

Parcel Number: 072d-17b-002-01-00 Directions to Property: From Madison Avenue going east, turn south on Magnolia Street, and the property is .5 miles on the left. Community Of: N/A Street Number: 618 Street Name: Magnolia Street Suffix: Street County: Madison State: MS Zip Code: 39110 Subdivision: Metes And Bounds

Location

City: 1 City Street: 1 Freestanding: 1 Private: 1

Listing Information

Listing Service: Full Service Never Occupied: No Status: Closed List Date: 2022-01-14 List Price: $599,000 Current Price: $585,000 Property Sub Type: Office

General Property Information

Property Sub Type: Office New Construction: No Property Condition: Updated/Remodeled Approx Lot Size Acres: 2 SqFt Source: Appraiser List Price/SqFt: 207.7 Number of Lots: 1 Divisible: No Year Built Source: Public Records Carport Spaces: 4 Total Floors: 2 Bathrooms Half: 3 Bathrooms Three Quarter: 0 Fireplace: No Pool: No School District: Madison CO Dist Elementary School: Madison Middle or Junior School: Madison High School: Madison Accessibility Features: No Approx H/C SqFt: 2884 Year Built: 1987

Tax and Financial Information

Tax Annual Amount: 3662 Tax Year: 2021 Zoning: C2 Flood Insurance Required?: No Leasehold Y/N: No 16th Section: No Leasehold Fee Increase: No Sold In Previous 12 Months: No Association: No Legal Description: 1.97 AC IN S1/2 NW1/4

Remarks & Miscellaneous

Public Remarks: This property offers the best of both worlds! It is close to Old Town Madison and its urban amenities, yet separate enough to make the building feel like a destination unto itself. Beyond that the 1.97 acre parcel puts the building's architecture on full display. With floor-to-ceiling windows in the executive office and common area, natural light pours into the building and brings the outdoors in, and with a covered patio and back porch with rear access, you can actually take your work outside to change up your workflow. The building has five individual offices, three half baths, a large kitchen/common area, four storage areas and a vaulted corridor to bring everything together. And with four covered parkings spaces and a large parking pad, the user's clients and customers can pull right up to the front door for easy access. This one-of-a kind property has been a great corporate office for the current owner, but it also would make a great multi-tenant/shared office space for an investor.

Status Change Info

Sold Price/SqFt: 202.84 Contract Date/Pending Date: 2022-01-29 Closing Date: 2022-03-29

Current Use

Office: 1

Structure Type

Other: 1

Possible Use

Commercial: 1 Investment: 1

Business Type

Professional/Office: 1

Lot Features

Flag Lot: 1 Views: 1

Levels

Multi/Split: 1

Sewer

Public Sewer: 1

Commercial Features

Employee Lounge: 1 Employee Restrooms: 1 Fire Stairs: 1 Inside Storage: 1 Multi Fiber Optic Circuit Available: 1 Outside Storage: 1 Rest Rooms: 1 Security System: 1 Storage Building: 1 Telephone System: 1

Water Source

Public: 1

Listing Terms

Conventional: 1

Showing Requirements

Showing: Appointment Required Appointment Phone: 601-937-1522 Lockbox Location: Front Door

Square Footage Description

Ofc. Bldg 2500-5000 SF: 1

Flooring

Carpet: 1 Combination: 1 Hardwood: 1

Seating

1-10: 1

Window Features

Aluminum Frames: 1

Foundation Details

Pillar/Post/Pier: 1 Raised: 1

Auction

Auction: No

Roof

Metal: 1

Exterior Features

Covered Courtyard: 1 Private Yard: 1

Driveway Features

Paved Drive: 1 Rear Entrance: 1

Parking Features

Parking Total: 7 Concrete: 1 Covered: 1 Parking Pad: 1

Basement Features

Basement: No

Price Includes

All Appliances: 1

Parking Spaces

# Parking Spaces Covered: 4

Property Features

Business Type: Professional/Office Current Use: Office Possible Use: Commercial; Investment Commercial Features: Employee Lounge; Employee Restrooms; Fire Stairs; Inside Storage; Multi Fiber Optic Circuit Available; Outside Storage; Rest Rooms; Security System; Storage Building; Telephone System Structure Type: Other Lot Features: Flag Lot; Views Location: City Street; Freestanding; Private Levels: Multi/Split Square Footage Description: Ofc. Bldg 2500-5000 SF Seating: 1-10 Flooring: Carpet; Combination; Hardwood Window Features: Aluminum Frames Sewer: Public Sewer Water Source: Public Foundation Details: Pillar/Post/Pier; Raised Listing Terms: Conventional Roof: Metal Exterior Features: Covered Courtyard; Private Yard Driveway Features: Paved Drive; Rear Entrance Parking Features: Concrete; Covered; Parking Pad Price Includes: All Appliances
Listing Office: Pricepoint LLC.
Listing Agent: Doug Price
Last Updated: January - 12 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.