3.7acres Spring/Gillespie/Green Streets, Starkville, MS 39759

$9,995,000
161,172
SqFt

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List Price
$9,995,000
Status
ACTIVE
Days on Market
842
MLS#
24-1220
Subtype
Commercial Sale
Living Area
161,172
Lot Size
161,172
Acres
3.70
MLS Area Major
Central Business District

Property Description

Rare opportunity! 3.7 acres± in the center of Starkville, just down the street from Highway 12, the Cotton District, and the Mississippi State University campus. What a great location in Starkville, just named the ''Best Small Town in the South!'' Zoning is mostly T5-C, and some zoned TN-E. Excellent potential for redevelopment, subject to city guidelines. Currently on the property are multiple apartment structures and two houses. Owner prefers a long-term ground lease or a proposal for a joint venture/partnership, but will consider an outright offer to purchase; inquire for more info. A portion of the property couldn't be sold until Summer 2027. Chateau Maroon, 512 Green St: 30 units, all 2-bed/1-bath University Apts, 302 Spring St: 16 units, all 2-bed/1-bath Fourplex, office, & shop bldg. at 521 & 523 E Gillespie St House 515 E Gillespie St: 2-bed/1-bath House 506 Green St: 3-bed/1-bath

Additional Information

Taxes
$2,450
Zoning
T-5C

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Listing courtesy of FARMER COMMERCIAL PROPERTIES.