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M&S Furniture 1103 E Main St

50,000 SF Retail Building Philadelphia, MS 39350 $850,000 ($17/SF)

Investment Highlights

  • Massive amounts of Square Footage
  • Desirable location on Main St.
  • Easily Divided into separate properties

Executive Summary

Commercial Property with Endless Potential for Sale. This building with over 50,000 +/- square feet of floor space on 1.6+/- acres on desirable Main Street of Philadelphia MS is ready for your next investment. The building is currently occupied by M&S Furniture and has been a staple of the Philadelphia community since 1986. With its current layout, it is suitable for any type of business. With massive amounts of floor space, office areas, employee break room, ample parking, upstairs storage areas, 3 service elevators, and over 500ft of road frontage, this building could be used for almost anything. This versatile property could be easily separated into 5 different buildings for completely different businesses. If you do not need the endless square footage for yourself, you can easily rent or sell the additional buildings to help cover your initial investment. This building would be great for climate-controlled storage, retail sales, manufacturing, restaurants, entertainment venue, or just about anything you can imagine. The building is currently for sale, but the purchase of the business and inventory can be negotiated as well.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
50,000 SF
Year Built
1986
Price
$850,000
Price Per SF
$17
Tenancy
Single
Building Height
2 Stories
Building FAR
1.43
Lot Size
0.80 AC
Zoning
C - Commercial
Parking
10 Spaces (0.2 Spaces per 1,000 SF Leased)
Frontage
136 FT on East Main Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06329C-00B-026.000
  • 06329C-00B-028.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$149,727
  • Listing ID: 31459018

  • Date on Market: 4/9/2024

  • Last Updated:

  • Address: 1103 E Main St, Philadelphia, MS 39350

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