Flannigan Electric Building

Industrial for Sale
Catylist Listing ID: 30315473
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 17,776 SF
Gross Building Area: See Agent
Sale Price: $585,000
Unit Price: $32.91 PSF
Ceiling: 22 ft. Clear
Docks/Doors: 2 Docks, 3 Doors
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/30/2019

Overview / Comments

The Flannigan Electric Building is an exceptionally built light industrial property located close to the junction of two major thoroughfares. The property features a showroom, multiple office spaces, a large meeting room, two floors of warehouse space, and a climate controlled shop. The facility is currently being used as an electric motor repair company that successfully serves the entire state of Mississippi from this vantage point. This property would be ideally suited for an owner operator in manufacturing, stone cutting, material fabricating, part repair and replacement, construction, equipment, distribution, or any business needing a large warehouse with flexibility of use.

Additional Details

Nearest MSA: Jackson
County: Hinds
Tax ID/APN: 175-3
Area Description: Visible location centered between the heavily traveled I-55 and I-20 intersection, along with close proximity and quick access to Highways 49 and 80. This properties central location allows easy service and access to the widest variety of clientele in the Jackson metropolitan area and throughout the state.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Overhead Cranes: 4
X-Phase: 3
Zoning Description: I-1 - Industrial
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,497 53,592 122,518
Median Age: 30 29.92 32.17
Households: 489 19,094 44,834

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