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Offices418 HWY 90 Waveland, MS 39576
$5,505,000
Madison, MS 39110
MLS# 4103229
Status: Closed
24707 sqft
1 / 10
Property Description
Located in the heart of Madison, one of Mississippi's fastest growing communities, Madison Market is a high-quality retail shopping center spanning 24,706 square feet. Built with SIPs construction and featuring a classic bricked exterior, this property offers strong curb appeal and flexible leasing configurations. Anchored by a diverse mix of local and national retailers, including El Ranchito, Subway, Hokkaido, Edward Jones, and others, the center benefits from steady foot traffic and established tenancy. Positioned along Highway 51, a major commercial corridor with high daily traffic, the property enjoys excellent visibility and convenient access. Thoughtfully designed, the shopping center features beautiful landscaping, bronze garden sculptures and three decorative fountains, enhancing its overall aesthetic and appeal.
Details
Maps
Address and Location Information
Nearest Cross Street: Hwy 463 and Hwy 51
Parcel Number: 072c-08d-014/01.00
Community Of: N/A
Street Number: 1029
Street Name: Hwy 51
County: Madison
State: MS
Zip Code: 39110
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2025-02-07
List Price: $5,750,000
Current Price: $5,505,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Approx Lot Size Acres: 3.69
SqFt Source: Plans
List Price/SqFt: 232.73
Year Built Source: Public Records
Total Floors: 1
Accessibility Features: No
Approx H/C SqFt: 24707
Year Built: 2003
Tax and Financial Information
Tax Annual Amount: 59204.35
Tax Year: 2024
Zoning: C2
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: LOT 1 MADISON MARKET
Remarks & Miscellaneous
Public Remarks: Located in the heart of Madison, one of Mississippi's fastest growing communities, Madison Market is a high-quality retail shopping center spanning 24,706 square feet. Built with SIPs construction and featuring a classic bricked exterior, this property offers strong curb appeal and flexible leasing configurations. Anchored by a diverse mix of local and national retailers, including El Ranchito, Subway, Hokkaido, Edward Jones, and others, the center benefits from steady foot traffic and established tenancy.
Positioned along Highway 51, a major commercial corridor with high daily traffic, the property enjoys excellent visibility and convenient access. Thoughtfully designed, the shopping center features beautiful landscaping, bronze garden sculptures and three decorative fountains, enhancing its overall aesthetic and appeal.
Status Change Info
Sold Price/SqFt: 222.81
Contract Date/Pending Date: 2025-02-27
Closing Date: 2025-05-30
Showing Requirements
Showing: Appointment Required
Auction
Auction: No
Basement Features
Basement: No
Property Features
Listing Office: Overby, Inc.
Listing Agent: Scott Overby
Last Updated: May - 30 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
$5,505,000
Madison, MS 39110
MLS# 4103229
Status: Closed
24707 sqft
1 / 10
Property Description
Located in the heart of Madison, one of Mississippi's fastest growing communities, Madison Market is a high-quality retail shopping center spanning 24,706 square feet. Built with SIPs construction and featuring a classic bricked exterior, this property offers strong curb appeal and flexible leasing configurations. Anchored by a diverse mix of local and national retailers, including El Ranchito, Subway, Hokkaido, Edward Jones, and others, the center benefits from steady foot traffic and established tenancy. Positioned along Highway 51, a major commercial corridor with high daily traffic, the property enjoys excellent visibility and convenient access. Thoughtfully designed, the shopping center features beautiful landscaping, bronze garden sculptures and three decorative fountains, enhancing its overall aesthetic and appeal.
Details
Maps
Address and Location Information
Nearest Cross Street: Hwy 463 and Hwy 51
Parcel Number: 072c-08d-014/01.00
Community Of: N/A
Street Number: 1029
Street Name: Hwy 51
County: Madison
State: MS
Zip Code: 39110
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2025-02-07
List Price: $5,750,000
Current Price: $5,505,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Approx Lot Size Acres: 3.69
SqFt Source: Plans
List Price/SqFt: 232.73
Year Built Source: Public Records
Total Floors: 1
Accessibility Features: No
Approx H/C SqFt: 24707
Year Built: 2003
Tax and Financial Information
Tax Annual Amount: 59204.35
Tax Year: 2024
Zoning: C2
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: LOT 1 MADISON MARKET
Remarks & Miscellaneous
Public Remarks: Located in the heart of Madison, one of Mississippi's fastest growing communities, Madison Market is a high-quality retail shopping center spanning 24,706 square feet. Built with SIPs construction and featuring a classic bricked exterior, this property offers strong curb appeal and flexible leasing configurations. Anchored by a diverse mix of local and national retailers, including El Ranchito, Subway, Hokkaido, Edward Jones, and others, the center benefits from steady foot traffic and established tenancy.
Positioned along Highway 51, a major commercial corridor with high daily traffic, the property enjoys excellent visibility and convenient access. Thoughtfully designed, the shopping center features beautiful landscaping, bronze garden sculptures and three decorative fountains, enhancing its overall aesthetic and appeal.
Status Change Info
Sold Price/SqFt: 222.81
Contract Date/Pending Date: 2025-02-27
Closing Date: 2025-05-30
Showing Requirements
Showing: Appointment Required
Auction
Auction: No
Basement Features
Basement: No
Property Features
Listing Office: Overby, Inc.
Listing Agent: Scott Overby
Last Updated: May - 30 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.