1123 26th Avenue

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1123 26th Avenue

Meridian, MS 39301
Asking Price
$375K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront spanning 10,550 square feet of total space.
  • Located at 1123 26th Avenue in Meridian, Mississippi.
  • Available for purchase with an asking price of $375,000.
  • Property situated within the 39301 zip code area.
  • Versatile building layout suited for varied commercial retail uses.

What's Special

Meridian serves as a key commercial hub in Eastern Mississippi, supported by a stable regional economy and accessible transportation networks. This 10,550 square foot retail storefront at 1123 26th Avenue provides significant square footage for various business operations in a well-established urban corridor. Investors and business owners can leverage the property’s footprint for traditional retail, showroom space, or flexible commercial applications that benefit from consistent visibility within the 39301 zip code. The layout accommodates diverse floor plan configurations suitable for adaptive reuse or continued retail utilization. Given the scale of the building, the property functions as a versatile asset for a wide range of commercial enterprises looking to establish or expand their footprint in the Meridian market. Its location places it within reach of primary regional thoroughfares, facilitating access for both local customers and broader logistical needs.

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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455

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