1703 23rd Avenue

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1703 23rd Avenue

Meridian, MS 39301
Asking Price
Contact for price
Asset Type
Special-purpose
Class
Class B

AI Property Summary

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

  • The building features 4,540 square feet of interior space
  • This special-purpose asset is located in Meridian, Mississippi
  • The property is situated at the address 1703 23rd Avenue
  • The location is positioned near local transit and infrastructure
  • This facility is currently available for sale to investors

What's Special

This 4,540 square foot special-purpose asset is positioned at 1703 23rd Avenue in Meridian, Mississippi. The property serves as a functional real estate solution for buyers seeking a flexible space in a region known for its historical connection to major rail lines and its role as a regional commerce hub in East Mississippi. The building's current configuration allows for diverse operational configurations suitable for specialized business needs or organizational functions. Meridian maintains a steady economic profile as the county seat of Lauderdale County, offering local access to essential infrastructure and transit corridors. Investors and owner-occupants will find the site provides a centralized base of operations within the local market. The asset's dimensions and layout present potential for customized interior updates depending on specific business requirements, ensuring long-term utility for a variety of prospective commercial or community-focused users seeking a presence in this Mississippi municipality.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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