507 Front Street,Richton, MS 39476
Richton, MS 39476
Description
Anchored on Front Street, this 6,000 SF commercial building is a rare downtown gem delivering immediate, dependable income from two thriving tenants -Tobacco Shop and A Fitness Center - each drawing steady daily foot traffic from loyal local customers. Capturing 8,000 vehicles per day per MDOT, the property enjoys unmatched visibility at the commercial heartbeat of Richton, where every passing car is a marketing impression. A standout 20+ space parking lot sets this asset apart from typical downtown offerings, eliminating the parking headaches that plague competing locations and giving tenants and patrons effortless access. With its dual-suite layout, brick-and-mortar presence, and prime central positioning, 505/507 Front Street offers investors a turnkey, fully leased income stream in one of south Mississippi's most visible retail corridors. Whether you're building a passive portfolio, executing a 1031 exchange, or seeking an owner-user opportunity with built-in tenants, this property checks every box. Detailed financials and lease terms available to qualified buyers upon request.
Details
| MLS # | 4149603 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 146 |
| Listing Provided By | Wellhouse Real Estate | Parker B Thoms |
Features
| SQ Feet | 6,000 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.59 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Window Features | Aluminum Frames, Double Pane Windows |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Metal Siding |
| Foundation Details | Block, Slab |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Concrete |
Utilities
| Utilities | Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Underground Utilities |
|---|
Taxes
| Property | 9521 |
|---|
Area Information
| State | MS |
|---|---|
| County | Perry |
| City | Richton |
| Zip Code | 39476 |
| Area | Perry |
| Community Name | Metes And Bounds |
| Listing VS Median (in Metes And Bounds) | |
Price: $800,000 low | high Med: $225,000 sqft: 6,000 low | high Med: 1,600 $ / sqft: $133 low | high Med: $141 On site: 146 low | high Med: 25 | |
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Learn More About This Property
| State | MS |
|---|---|
| County | Perry |
| City | Richton |
| Zip Code | 39476 |
| Area | Perry |
| Community Name | Metes And Bounds |
| Listing VS Median (in Metes And Bounds) | |
Price: $800,000 low | high Med: $225,000 sqft: 6,000 low | high Med: 1,600 $ / sqft: $133 low | high Med: $141 On site: 146 low | high Med: 25 | |