971 Madison Avenue, Madison, MS 39110
$439,000
Property Type:
Commercial Sale
Square Footage:
2,254
Lot Size (sq. ft.):
23,522
Status:
Closed
Current Price:
$485,000
List Date:
6/29/2020
Last Modified:
11/19/2024
Description
Successful restaurant location in heart of Madison with a strong experienced operator. Kristos has several years left on their initial agreement with increases build into their renewals. Financials will be provided upon receipt of a NDS. This property and the neighboring (Dorroh House) can be purchased together for $979.000
More Information MLS# 1321236
Address and Location Information
Parcel Number: 072D-17A-173/00.00
Directions to Property: On the S/W corner of Madison Ave. and Hwy 51 next door to the Dorroh House
Street Number: 971
Street Name: Madison
Street Suffix: Avenue
County: Madison
State: MS
Zip Code: 39110
Location
City Street: 1
Freestanding: 1
Historic Area: 1
US Highway: 1
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2019-06-21
List Price: $485,000
Current Price: $439,000
Property Sub Type: Other
General Property Information
Property Sub Type: Other
Approx Lot Size Acres: 0.54
SqFt Source: Public Records
List Price/SqFt: 215.17
Approx H/C SqFt: 2254
Year Built: 1930
Tax and Financial Information
Leasehold Y/N: No
Remarks & Miscellaneous
Public Remarks: Successful restaurant location in heart of Madison with a strong experienced operator. Kristos has several years left on their initial agreement with increases build into their renewals. Financials will be provided upon receipt of a NDS. This property and the neighboring (Dorroh House) can be purchased together for $979.000
Status Change Info
Sold Price/SqFt: 194.76
Contract Date/Pending Date: 2020-08-11
Closing Date: 2020-10-29
Current Use
Retail: 1
Business Type
Restaurant: 1
Retail: 1
Sewer
Public Sewer: 1
Commercial Features
Display Window(s): 1
Door Sign: 1
Doors Under 10 Feet: 1
Dumpster: 1
Grade Loading: 1
Public Restroom(s): 1
Rest Rooms: 1
Security System: 1
Smoke Detector(s): 1
Number of Restrooms: 2
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
Electricity Features
110 Volt: 1
220 Volts: 1
Flooring
Concrete: 1
Wood: 1
Cooling
Central Air: 1
Heating
Central: 1
Natural Gas: 1
Foundation Details
Brick/Mortar: 1
Exterior Construction/Siding
Brick: 1
Frame: 1
Exterior Features
Rain Gutters: 1
Lighting
Security: 1
Flood Insurance
Unknown: 1
Available Documents
Leases: 1
Legal Description: 1
Photographs: 1
Plot Plan/Survey: 1
Lot Size Range
.5 to 1 Acres: 1
Uncovered Parking?
1-25 Spaces: 1
Property Features
Business Type: Restaurant; Retail
Current Use: Retail
Commercial Features: Display Window(s); Door Sign; Doors Under 10 Feet; Dumpster; Grade Loading; Public Restroom(s); Rest Rooms; Security System; Smoke Detector(s)
Electricity Features: 110 Volt; 220 Volts
Location: City Street; Freestanding; Historic Area; US Highway
Lighting: Security
Flooring: Concrete; Wood
Cooling: Central Air
Heating: Central; Natural Gas
Utilities: Electricity Available; Natural Gas Available; Water Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Brick/Mortar
Listing Terms: Cash; Conventional
Exterior Features: Rain Gutters
Flood Insurance: Unknown
Available Documents: Leases; Legal Description; Photographs; Plot Plan/Survey
Lot Size Range: .5 to 1 Acres
Listing Office:
Overby, Inc.
Listing Agent:
Matthew Benton
Last Updated: November - 19 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.