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$1,332,000
Est. payment /mo
217,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 217,800 sqft
Price per Sqft $6
MLS Listing ID 4115883
Year Built 1922
Annual Tax Amount $6,451
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions 5 AC +/-
Property Sub-Type Mixed Use
Source MLS United
Property Description
Welcome to a rare development opportunity in the heart of Flora, MS. This 5.0 acre property within the city limits offers historic charm with modern potential. The property's main feature is a stately, 14,044 square foot school with solid brick walls. Also included is a 5,300 square foot theater with a large stage and supporting amenities, a fully equipped 4,800 square foot cafeteria, and two tennis courts.
With its architectural significance and timeless character, the property may qualify for Federal and State Historical tax credits. The property lies within the new Flora Station well-positioned for various transformative projects from upscale residential conversions to mixed-use developments. Recent investments in Flora, including Entergy Mississippi's $30 million project and the Amazon/Megasite facility, underscore the area's growth and development potential.
The location offers excellent visibility and accessibility, with frontage on Fourth Street and Jackson Street. As part of the Madison County School District and with city water and sewer services available, the groundwork for future development is already in place.
Floras comprehensive plan encourages the kind of adaptive reuse this site makes possible preserving the past while embracing progress. Let your vision come to life here in Madison County.
With its architectural significance and timeless character, the property may qualify for Federal and State Historical tax credits. The property lies within the new Flora Station well-positioned for various transformative projects from upscale residential conversions to mixed-use developments. Recent investments in Flora, including Entergy Mississippi's $30 million project and the Amazon/Megasite facility, underscore the area's growth and development potential.
The location offers excellent visibility and accessibility, with frontage on Fourth Street and Jackson Street. As part of the Madison County School District and with city water and sewer services available, the groundwork for future development is already in place.
Floras comprehensive plan encourages the kind of adaptive reuse this site makes possible preserving the past while embracing progress. Let your vision come to life here in Madison County.
Location
State MS
County Madison
Interior
Cooling Central Air, Electric, 220 Volt
Flooring Concrete
Exterior
Exterior Feature Tennis Court(s)
Parking Features Parking Lot, Paved
Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected
Roof Type Asphalt,Flat
Garage No
Building
Lot Description City Lot
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Tennis Court(s)
New Construction No
Others
Tax ID 051d-17a-016 Part
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Information is deemed to be reliable but not guaranteed. Copyright © 2025 MLS United, LLC.
Listed by Tom Smith Land & Homes