The Bell Complex

312 S State Street Jackson, MS 39201

312 S State Street, Jackson, MS, 39201
312 S State Street, Jackson, MS, 39201
FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
$1,290,000
Last Verified:
Jan 10, 2020

Highlights


Description

This perfectly located downtown mix-use building is a combination of warehouse, office, and retail. The building encompasses most of a city block stretching from South State Street to Commerce Street. The property includes a multitude of successful and established tenants including George Bell Rug Cleaning Company, One Block East, Bell & Associates Law Firm, and others. This property would be ideally suited for an investor or owner-occupant, as some of the space can be made available at the buyer's discretion. This significant investment opportunity in the rapidly revitalizing urban core is currently available.

This perfectly located downtown mix-use building is a combination of warehouse, office, and retail. The building encompasses most of a city block stretching from South State Street to Commerce Street. The property includes a multitude of successful and established tenants including George Bell Rug Cleaning Company, One Block East, Bell & Associates Law Firm, and others. This available spaces would be ideally suited for a retail, light industrial, or office use. This wonderful opportunity for space in the heart of the central business district will not last long.

The property is located impeccably within the central business district. Restaurant and entertainment venues thrive at this location throughout the year and during many of the annual events that occur downtown. Professional tenants benefit from the proximity to so many of the area attractions and the walkability of the central business district. The property is a block from the Hinds County courthouse, which makes the office space especially desirable for those working in the legal profession, as well as servicing much of the central business district with food and entertainment.

Downtown Jackson is currently undergoing a massive revitalization with multiple successful commercial and residential projects being completed over the last few years, with several others currently underway. A few of the most recent and upcoming projects include the redevelopment of the King Edward Hotel and the Standard Life Flats, the restoration of the Capitol Arts Lofts, the development of the Landmark Center, the Helm Place Townhomes, the Mississippi Civil Rights and Mississippi History Museums, Capitol Street Renaissance Project, the Westin Hotel, and so many others. The renewed interest in restoring the urban core has poised the downtown area for success. The savvy real estate investor will seize this rare opportunity while it lasts. Don' t miss out!


Year Built: 1930
Building Size: 42515.0sq ft
Lot Size: 1.53 acres

Units for Lease

B
Space Available: 4200 SF
Lease Type: NNN

Price Per Sqft/Year: $12.0
C
Space Available: 10000 SF
Lease Type: NNN

Price Per Sqft/Year: $5.4
F
Space Available: 4500 SF
Lease Type: NNN

Price Per Sqft/Year: $5.0
G
Space Available: 1800 SF
Lease Type: NNN

Price Per Sqft/Year: $12.0

Map of 312 S State Street, Jackson, MS, 39201

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.