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185 W Center St
Hernando, MS 38632

Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 1/2 block from Historic Hernando Courthouse and Town Square
  • Location makes redevelopment options unlimited
  • Existing 2,700 sf office space is move in ready
  • Int eh heart of the Central Business District

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,626 SF
Building Class
C
Year Built
1950
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
0.61 AC
Zoning
C-3
Parking
10 Spaces (0.86 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

ABOUT 185 W CENTER ST , HERNANDO, MS 38632

Unlimited opportunity options for this piece of Hernando history.This building is a significant piece of history in Old Town Hernando, MS. Originally built as a Chevrolet Dealership around 1950, it has been home to banks and corporate offices since the mid 1970's. Located on the corner of Center St and Church St less than a block from the main door of the Historic Hernando Courthouse.The neighborhood is in a very trendy area with low supply and high demand for ownership opportunities. A portion of the interior was renovated in 2013 and consists of 2,700 sf of office space. The building presents many options when considering the best avenue to pursue with redevelopment or renovation. This building has road frontage on 3 sides and the Historic Water Tower, which has become a local landmark, is on the south east corner of the lot. Market rents for office and retail space range from $12 psf - $30 psf depending on the quality level of redevelopment and services provided by Lessor. The residential apartments downtown have a long history of low vacancy and very few have been added over the years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3086130040002800
Land Assessment
$6,000
Improvements Assessment
$20,134
Total Assessment
$26,134
  • Listing ID: 15497305

  • Date on Market: 3/20/2019

  • Last Updated:

  • Address: 185 W Center St, Hernando, MS 38632

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