Port Street, Madison, MS 39110

$375,000
Property Type: Land Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $375,000 List Date: 3/07/2026 Last Modified: 3/09/2026

Overview

Description

Incredible opportunity to develop a premier 3-story mixed-use building in the heart of Lost Rabbit. Perfectly positioned for high visibility and harbor-style living. Skip the guesswork, a full set of architectural construction drawings is available upon request. Whether you're looking to build a flagship office or a luxury condos with street-level retail, this is the location you've been waiting for.

Listing Details MLS# 4141684

General Property Information

Approx Lot Size Acres
0.17
Lot Size Dimensions
.168
Expandable Area
No
List Price/Acre
2205882.35
Divisible
No
Property Sub Type
Unimproved Commercial Lot for Sale

Property Features

Current Use: Commercial; Mixed Use Possible Use: Residential; Retail Location: Commercial Retail; Downtown/Urban Lot Features: Corner Lot Covenants And Restrictions: Architectural Review Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Utilities: Cable Available

Address and Location Information

Street Number Assigned?
No
Street Name
Port
Street Suffix
Street
Lot #
5021
County
Madison
State
MS
Zip Code
39110
Parcel Number
072a-12c-093/00.00
Subdivision
Lost Rabbit
Community Of
N/A

Listing Information

Property Sub Type
Unimproved Commercial Lot for Sale
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
601
Tax Year
2025
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Leasehold Y/N
Yes
Leasehold Fee
6000
Association
Yes
Covenants Y/N
Yes
Legal Description
.168 AC OUT NW1/4 SW1/4 - A/K/A - ( LOT 50210 - THE TOWN OF LOST RABBIT )

Land Details

Legally Subdivided
No

More Information

Workshop Features

Workshop
No

Waterfront Features

Waterfront
Yes

Showing Requirements

Showing
Show Any Time

Horse Amenities

Horse Amenities
No

Location

Commercial Retail
Yes
Downtown/Urban
Yes

Remarks & Miscellaneous

Public Remarks
Incredible opportunity to develop a premier 3-story mixed-use building in the heart of Lost Rabbit. Perfectly positioned for high visibility and harbor-style living. Skip the guesswork, a full set of architectural construction drawings is available upon request. Whether you're looking to build a flagship office or a luxury condos with street-level retail, this is the location you've been waiting for.

Current Use

Commercial
Yes
Mixed Use
Yes

Possible Use

Residential
Yes
Retail
Yes

Lot Features

Corner Lot
Yes

Covenants And Restrictions

Architectural Review
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Utilities

Cable Available
Yes
Listing Office: Taylor Realty Group, LLC
Listing Agent: Donna Taylor
Source MLS Verified
Last Updated: March - 09 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.