• Asking Price $3,195,000
  • 117 SW Fourth Street Flora, MS 39071

  • 14,000 SqFt
  • Other / Resale (MLS)

Property Details for 117 SW Fourth Street, Flora, MS 39071

Features

  • Price/sqft: $228

Facts

  • Year Built: 01/01/1937
  • Property ID: 877105072
  • MLS Number: 4074985
  • Property Type: Other
  • County: MADISON
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Welcome to your future upscale housing development opportunity nestled within the charming city limits of Flora, MS. This expansive 16.38 acre property offers a blend of historic charm and modern potential, presenting an array of possibilities for savvy investors. The centerpiece of this property is a stately 14,000 square-foot school building allegedly built in 1922, with solid brick exterior walls poised to be transformed into luxurious residences. Imagine the allure of exposed brick walls reminiscent of its rich history. Should the buyer desire, the esteemed MS Department of Archives and History stands ready to accept this gem, opening doors to enticing tax credits. Within the school's confines, a well-maintained gym spanning 10,500 square feet awaits, boasting locker rooms, bleachers, and concession facilities. Additionally, the property features two tennis courts and a theater space encompassing 5,000 square feet, complete with a large stage and ample amenities. This package also includes a 2,000-square-foot cafeteria, fully equipped and in place for use. Small hill behind Cafeteria, Main Building and Theater leads down to approximately 10 acres of flat, level ground that could be easily developed. Easement to Hwy 49 could potentially be negotiated with adjacent landowners, opening up traffic count and easing traffic flow. Situated within Flora's city limits, this property enjoys prime frontage on both Fourth and Jackson Street, making it easily accessible and highly visible. Zoned for Special Use, the options for development are vast, limited only by imagination. With Flora Water and Sewer services readily available, the groundwork for success is laid.The canvas is vast, the potential boundless. Seize this opportunity to shape the future of Flora, MS, and make your mark on its storied landscape. Contact Tom today to explore the endless possibilities that await on this remarkable property!Consider the endless possibilities that await:Multi-Unit Complex: Create a vibrant community within these grounds, offering modern living spaces amidst a historical backdropAssisted Living Community: Cater to the needs of seniors in picturesque setting, fostering a sense of comfort and securityPrivate Academy: Establish a prestigious educational institution, leveraging the existing facilities to nurture future generationsShopping Center Lifestyle Complex: Create a dynamic hub for retail, dining, and entertainment10+/- Acres for Development: Harness the expanse of open land for custom projects tailored to meet specific needs and visions.This property could be commercial or residential.

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Property Brokerage: Tom Smith Land and Homes, LLC 112 Village Blvd., Madison, MS 39110 Madison MS 39110
Copyright © 2024 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.