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$ 254,900
Est. payment /mo
Active
407 Pinola Drive Magee, MS 39111
1,845 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,845 sqft
Price per Sqft $138
MLS Listing ID 4157639
Year Built 1988
Annual Tax Amount $1,771
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 54x150x44x60x84
Property Sub-Type Business
Source MLS United
Property Description
Exceptional investment opportunity featuring a fully leased, income-producing commercial property occupied by a nationally recognized tenant ... H&R Block. This well-maintained 1,845± square foot commercial building offers immediate cash flow with an established lease in place through April 30, 2028, providing stability and peace of mind for investors seeking dependable income.Strategically positioned along one of Magee's busiest commercial corridors, the property enjoys outstanding visibility, strong daily traffic counts, and excellent accessibility. The attractive, low-maintenance exterior and ample paved parking further enhance its long-term appeal while helping keep ownership expenses low.What truly sets this property apart is its future income potential. Based on current commercial leasing activity in the area, the existing lease appears to be below prevailing market rental rates. While future rental rates cannot be guaranteed, a new owner may have the opportunity to increase rental income upon lease renewal or by leasing the property at then-current market rates after the existing lease expires, creating attractive upside for long-term investors.Whether you're expanding your investment portfolio or completing a 1031 exchange, this property offers the rare combination of immediate income, a nationally recognized credit tenant, prime location, low-maintenance ownership, and compelling long-term appreciation potential. Opportunities like this are increasingly difficult to find ... schedule your private showing today.
Location
State MS
County Simpson
Building
Level or Stories One
New Construction No
Others
Tax ID 4-183z-00-02500-004-02100
Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
Listed by E Speed Realty