143 W RAILROAD AVE N

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143 W RAILROAD AVE N

MAGNOLIA, MS 39652-2835
Asking Price
$310K
Asset Type
Retail
Class
Class B

What's Special

<p><span style="color: rgba(0, 0, 0, 1)">Capture the character of this 3,750 sq. ft. historic building full of timeless, old-world charm. Ideally situated in downtown Magnolia, just off the high-traffic corridor of Highway 48, this property offers both visibility and convenience for a variety of business opportunities. Inside, you'll find a partially completed partition wall, giving you the option to easily configure the space for two separate businesses or remove it for a more expansive open-co

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NOI
$80,000
Cap Rate
25.81%
DSCR
4.35
Strong
Cash-on-Cash
66.23%
Monthly Payment
$1,533.711
Annual Cash Flow
$61,595.47

Location & Travel Times