Freestanding Retail/Showroom - Ridgeland, MS

Retail-Commercial for Sale
Catylist Listing ID: 30465023
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 5,324 SF
Gross Building Area: See Agent
Sale Price: $506,000
Unit Price: $95.04 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Former Ray's Fine Linens
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2019

Overview / Comments

869 S. Pear Orchard Rd, home of Ray's Fine Linens since 1997. This building is a freestanding retail/showroom consisting of approximately 5,300 SF of air conditioned retail space, minimal office space, and a dock high loading bay. This building has been the home to a successful retail business for over 20 years and would be a great location for any retail or office business that can benefit from high exposure of the County Line Rd and Pear Orchard Rd corridor. The property is visible to 10,000 + cars per day. The property is zoned C-2 under the City of Ridgeland, MS zoning ordinances (call for information). Please call Payne Realty at 601-940-9503 for additional information or to schedule a tour.

Additional Details

Nearest MSA: Jackson
County: Madison
Tax ID/APN: 072I-31D-020/02.00
Zoning: C-2
Property Visibility: Excellent
Largest Nearby Street: County Line Rd / Pear Orchard Rd
Traffic/Vehicle Count: 10,000
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1985
Roof Type: Flat
Total Parking Spaces: 15

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,598 60,517 116,415
Median Age: 34.06 34.08 36.38
Households: 7,214 26,227 48,392

Contact

Photograph of Listing Agent

Tommy Payne, CCIM

Payne Realty MSCREX Member
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