Business HoursMon-Fri: 9PM-5PM | Sat: 9AM-1PM
Offices418 HWY 90 Waveland, MS 39576
$5,225,000
Ridgeland, MS 39157
MLS# 1319074
Status: Closed
42366 sqft
1 / 18
Property Description
The architecturally stunning, mixed use development located in Ridgeland's Olde Town district affords a variety of options for retail and office professionals. The 49,985 square foot development offers a variety of retail and office spaces with ample parking, convenient access and excellent visibility. The center was carefully designed to be both innovative and appealing as it blends boutique retailers with fine dining and upscale office users. Backing to the Natchez Trace Parkway, Olde Towne is central located on Jackson Avenue, a main connector for Interstate 55 and Highway 51. 9.12% Cap Rate based on in place income Substantial upside Excellent visibility Over 22,000 vehicles per day Landmark location Established boutique retailers
Details
Address and Location Information
Parcel Number: 072I-30A-128/00.00 and 072I-30B-113/00.00
Directions to Property: I-55 to W Jackson Avenue. Olde Towne Ridgeland is located on the southeastern corner of W Jackson Avenue and SE Madison Drive.
Street Number: 113
Street Direction: W
Street Name: Jackson
Street Suffix: Avenue
County: Madison
State: MS
Zip Code: 39157
Location
City Street: 1
In Shopping Center: 1
Shopping Mall: 1
Strip Mall: 1
Suburban: 1
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2019-04-20
List Price: $5,400,000
Current Price: $5,225,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
Approx Lot Size Acres: 3.33
SqFt Source: Appraiser
List Price/SqFt: 127.46
Approx H/C SqFt: 42366
Tax and Financial Information
Leasehold Y/N: No
Remarks & Miscellaneous
Public Remarks: The architecturally stunning, mixed use development located in Ridgeland's Olde Town district affords a variety of options for retail and office professionals. The 49,985 square foot development offers a variety of retail and office spaces with ample parking, convenient access and excellent visibility. The center was carefully designed to be both innovative and appealing as it blends boutique retailers with fine dining and upscale office users. Backing to the Natchez Trace Parkway, Olde Towne is central located on Jackson Avenue, a main connector for Interstate 55 and Highway 51. 9.12% Cap Rate based on in place income Substantial upside Excellent visibility Over 22,000 vehicles per day Landmark location Established boutique retailers
Status Change Info
Sold Price/SqFt: 123.33
Contract Date/Pending Date: 2019-04-20
Closing Date: 2019-07-31
Current Use
Retail: 1
Income & Expenses
Annual Net Income: 492484
Business Type
General Business: 1
Medical: 1
Restaurant: 1
Retail: 1
Sewer
Public Sewer: 1
Commercial Features
Door Sign: 1
Doors Under 10 Feet: 1
Dumpster: 1
Elevator(s): 1
Fire Sprinkler System: 1
Smoke Detector(s): 1
Water Source
Public: 1
Listing Terms
Cash: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
Electricity Features
200+ Amps: 1
110 Volt: 1
220 Volts: 1
Three Phase: 1
Cooling
Central Air: 1
Zoned: 1
Heating
Central: 1
Electric: 1
Natural Gas: 1
Foundation Details
Concrete Perimeter: 1
Slab: 1
Exterior Construction/Siding
Brick: 1
Metal Siding: 1
Exterior Features
Rain Gutters: 1
Lighting
Security: 1
Flood Insurance
Unknown: 1
Available Documents
Brochure: 1
Floor Plan(s): 1
Land Survey: 1
Legal Description: 1
Lot Size Range
1 to 5 Acres: 1
Property Features
Business Type: General Business; Medical; Restaurant; Retail
Current Use: Retail
Commercial Features: Door Sign; Doors Under 10 Feet; Dumpster; Elevator(s); Fire Sprinkler System; Smoke Detector(s)
Electricity Features: 200+ Amps; 110 Volt; 220 Volts; Three Phase
Location: City Street; In Shopping Center; Shopping Mall; Strip Mall; Suburban
Lighting: Security
Cooling: Central Air; Zoned
Heating: Central; Electric; Natural Gas
Utilities: Electricity Available; Natural Gas Available; Water Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Concrete Perimeter; Slab
Listing Terms: Cash
Exterior Features: Rain Gutters
Flood Insurance: Unknown
Available Documents: Brochure; Floor Plan(s); Land Survey; Legal Description
Lot Size Range: 1 to 5 Acres
Listing Office: Overby, Inc.
Listing Agent: Scott Overby
Last Updated: November - 19 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
$5,225,000
Ridgeland, MS 39157
MLS# 1319074
Status: Closed
42366 sqft
1 / 18
Property Description
The architecturally stunning, mixed use development located in Ridgeland's Olde Town district affords a variety of options for retail and office professionals. The 49,985 square foot development offers a variety of retail and office spaces with ample parking, convenient access and excellent visibility. The center was carefully designed to be both innovative and appealing as it blends boutique retailers with fine dining and upscale office users. Backing to the Natchez Trace Parkway, Olde Towne is central located on Jackson Avenue, a main connector for Interstate 55 and Highway 51. 9.12% Cap Rate based on in place income Substantial upside Excellent visibility Over 22,000 vehicles per day Landmark location Established boutique retailers
Details
Address and Location Information
Parcel Number: 072I-30A-128/00.00 and 072I-30B-113/00.00
Directions to Property: I-55 to W Jackson Avenue. Olde Towne Ridgeland is located on the southeastern corner of W Jackson Avenue and SE Madison Drive.
Street Number: 113
Street Direction: W
Street Name: Jackson
Street Suffix: Avenue
County: Madison
State: MS
Zip Code: 39157
Location
City Street: 1
In Shopping Center: 1
Shopping Mall: 1
Strip Mall: 1
Suburban: 1
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2019-04-20
List Price: $5,400,000
Current Price: $5,225,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
Approx Lot Size Acres: 3.33
SqFt Source: Appraiser
List Price/SqFt: 127.46
Approx H/C SqFt: 42366
Tax and Financial Information
Leasehold Y/N: No
Remarks & Miscellaneous
Public Remarks: The architecturally stunning, mixed use development located in Ridgeland's Olde Town district affords a variety of options for retail and office professionals. The 49,985 square foot development offers a variety of retail and office spaces with ample parking, convenient access and excellent visibility. The center was carefully designed to be both innovative and appealing as it blends boutique retailers with fine dining and upscale office users. Backing to the Natchez Trace Parkway, Olde Towne is central located on Jackson Avenue, a main connector for Interstate 55 and Highway 51. 9.12% Cap Rate based on in place income Substantial upside Excellent visibility Over 22,000 vehicles per day Landmark location Established boutique retailers
Status Change Info
Sold Price/SqFt: 123.33
Contract Date/Pending Date: 2019-04-20
Closing Date: 2019-07-31
Current Use
Retail: 1
Income & Expenses
Annual Net Income: 492484
Business Type
General Business: 1
Medical: 1
Restaurant: 1
Retail: 1
Sewer
Public Sewer: 1
Commercial Features
Door Sign: 1
Doors Under 10 Feet: 1
Dumpster: 1
Elevator(s): 1
Fire Sprinkler System: 1
Smoke Detector(s): 1
Water Source
Public: 1
Listing Terms
Cash: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
Electricity Features
200+ Amps: 1
110 Volt: 1
220 Volts: 1
Three Phase: 1
Cooling
Central Air: 1
Zoned: 1
Heating
Central: 1
Electric: 1
Natural Gas: 1
Foundation Details
Concrete Perimeter: 1
Slab: 1
Exterior Construction/Siding
Brick: 1
Metal Siding: 1
Exterior Features
Rain Gutters: 1
Lighting
Security: 1
Flood Insurance
Unknown: 1
Available Documents
Brochure: 1
Floor Plan(s): 1
Land Survey: 1
Legal Description: 1
Lot Size Range
1 to 5 Acres: 1
Property Features
Business Type: General Business; Medical; Restaurant; Retail
Current Use: Retail
Commercial Features: Door Sign; Doors Under 10 Feet; Dumpster; Elevator(s); Fire Sprinkler System; Smoke Detector(s)
Electricity Features: 200+ Amps; 110 Volt; 220 Volts; Three Phase
Location: City Street; In Shopping Center; Shopping Mall; Strip Mall; Suburban
Lighting: Security
Cooling: Central Air; Zoned
Heating: Central; Electric; Natural Gas
Utilities: Electricity Available; Natural Gas Available; Water Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Concrete Perimeter; Slab
Listing Terms: Cash
Exterior Features: Rain Gutters
Flood Insurance: Unknown
Available Documents: Brochure; Floor Plan(s); Land Survey; Legal Description
Lot Size Range: 1 to 5 Acres
Listing Office: Overby, Inc.
Listing Agent: Scott Overby
Last Updated: November - 19 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.