971 Madison Avenue, Madison, MS 39110 (MLS# 1321236)

971 Madison Avenue, Madison, MS 39110

$485,000

Property Type: Commercial Sale Square Footage: 2,254 Lot Size (sq. ft.): 23,522 Status: Closed

Current Price: $485,000 List Date: 6/29/2020 Last Modified: 11/19/2024

Description

Successful restaurant location in heart of Madison with a strong experienced operator. Kristos has several years left on their initial agreement with increases build into their renewals. Financials will be provided upon receipt of a NDS. This property and the neighboring (Dorroh House) can be purchased together for $979.000

More Information MLS# 1321236

Address and Location Information

Street Number: 971 Street Name: Madison Street Suffix: Avenue County: Madison State: MS Zip Code: 39110 Parcel Number: 072D-17A-173/00.00 Directions to Property: On the S/W corner of Madison Ave. and Hwy 51 next door to the Dorroh House

Listing Information

Status: Closed List Date: 2019-06-21 List Price: $485,000 Current Price: $439,000 Property Sub Type: Other Listing Service: Full Service

General Property Information

Approx Lot Size Acres: 0.54 Approx H/C SqFt: 2254 SqFt Source: Public Records List Price/SqFt: 215.17 Year Built: 1930

Tax and Financial Information

Leasehold Y/N: No

Status Change Info

Contract Date/Pending Date: 2020-08-11 Closing Date: 2020-10-29 Sold Price/SqFt: 194.76

Commercial Features

Number of Restrooms: 2

Showing Requirements

Showing: Appointment Required

Property Features

Business Type: Restaurant; Retail Current Use: Retail Commercial Features: Display Window(s); Door Sign; Doors Under 10 Feet; Dumpster; Grade Loading; Public Restroom(s); Rest Rooms; Security System; Smoke Detector(s) Electricity Features: 110 Volt; 220 Volts Location: City Street; Freestanding; Historic Area; US Highway Lighting: Security Flooring: Concrete; Wood Cooling: Central Air Heating: Central; Natural Gas Utilities: Electricity Available; Natural Gas Available; Water Available Sewer: Public Sewer Water Source: Public Foundation Details: Brick/Mortar Listing Terms: Cash; Conventional Exterior Features: Rain Gutters Flood Insurance: Unknown Available Documents: Leases; Legal Description; Photographs; Plot Plan/Survey Lot Size Range: .5 to 1 Acres

Listing Office: Overby, Inc.

Listing Agent: Matthew Benton

Last Updated: November - 19 - 2024