1029 Hwy 51, Madison, MS 39110 (MLS# 4103229)

1029 Hwy 51, Madison, MS 39110

$5,750,000
Property Type: Commercial Sale Square Footage: 24,707 Lot Size (sq. ft.): 160,736 Status: Closed
Current Price: $5,750,000 List Date: 2/07/2025 Last Modified: 5/30/2025

Description

Located in the heart of Madison, one of Mississippi's fastest growing communities, Madison Market is a high-quality retail shopping center spanning 24,706 square feet. Built with SIPs construction and featuring a classic bricked exterior, this property offers strong curb appeal and flexible leasing configurations. Anchored by a diverse mix of local and national retailers, including El Ranchito, Subway, Hokkaido, Edward Jones, and others, the center benefits from steady foot traffic and established tenancy. Positioned along Highway 51, a major commercial corridor with high daily traffic, the property enjoys excellent visibility and convenient access. Thoughtfully designed, the shopping center features beautiful landscaping, bronze garden sculptures and three decorative fountains, enhancing its overall aesthetic and appeal.

More Information MLS# 4103229

Address and Location Information

Street Number: 1029 Street Name: Hwy 51 County: Madison State: MS Zip Code: 39110 Nearest Cross Street: Hwy 463 and Hwy 51 Parcel Number: 072c-08d-014/01.00 Community Of: N/A

Listing Information

Status: Closed List Date: 2025-02-07 List Price: $5,750,000 Current Price: $5,505,000 Property Sub Type: Retail Listing Service: Full Service

General Property Information

Approx Lot Size Acres: 3.69 Approx H/C SqFt: 24707 SqFt Source: Plans List Price/SqFt: 232.73 Year Built: 2003 Year Built Source: Public Records Total Floors: 1 Accessibility Features: No

Tax and Financial Information

Tax Annual Amount: 59204.35 Tax Year: 2024 Zoning: C2 Flood Insurance Required?: No Leasehold Y/N: No Legal Description: LOT 1 MADISON MARKET

Status Change Info

Contract Date/Pending Date: 2025-02-27 Closing Date: 2025-05-30 Sold Price/SqFt: 222.81

Auction

Auction: No

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No
Listing Office: Overby, Inc.
Listing Agent: Scott Overby
Last Updated: May - 30 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.