405 N First St

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405 N First St

Collins, MS 39428
Asking Price
$185K
Asset Type
Traditional Office Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail and traditional office space available for purchase in Collins.
  • The property is priced at 185,000 dollars for immediate sale.
  • Located at 405 N First St within the 39428 zip code.
  • Versatile floor plan supports both retail and professional office uses.
  • Strategically positioned within the commercial landscape of Covington County.

What's Special

Investors and business owners seeking to establish a footprint in Collins, Mississippi, will find this retail and traditional office property at 405 N First St a functional addition to their portfolio. The building sits within the heart of a steady, growing market that serves as a regional commercial hub. Its versatile layout supports various professional uses, including retail storefront operations or private office configurations. The property provides direct visibility and accessibility for local commerce, making it well-suited for service providers or boutique retailers looking to capitalize on the surrounding residential and commercial activity in the municipality. Given the adaptable nature of the space, owners can tailor the interior to accommodate specific business requirements or long-term tenant needs. The structure serves as an efficient vehicle for those interested in acquiring tangible assets within this corridor of the state.

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NOI
$80,000
Cap Rate
43.24%
DSCR
7.28
Strong
Cash-on-Cash
124.35%
Monthly Payment
$915.279
Annual Cash Flow
$69,016.651

Location & Travel Times