$110,000
0.11± Acres
New Listing
Coahoma County, Mississippi

Historic Delta Avenue Commercial Investment Opportunity

ID: 106922
Status: New Listing
Price: $110,000
Acres: 0.11
Type: Commercial, Business Opportunity
Address: 243 Delta Avenue
City, State: Clarksdale, Mississippi
County: Coahoma
Zip Code: 38614

Description

Historic Downtown Commercial Investment

243 Delta Avenue, Clarksdale, MS                | Approx. 2,151 SF | 0.11 Acres

Invest in the heart of downtown Clarksdale with this historic circa-1900 commercial property offering immediate rental income and a prime Delta Avenue location. The building is currently home to the central office of the Juke Joint Festival, providing an opportunity to purchase an established downtown property with a tenant already in place.

The approximately 2,151-square-foot building features a classic brick exterior, TPO roof, central heat and air, and a storefront opening directly onto Delta Avenue with large display windows. Inside is flexible retail and office space with a restroom. A covered rear entrance provides additional access and potential for a future configuration with retail in front and residential space in the rear, subject to applicable approvals.

Property Highlights

  • Approx. 2,151 SF
  • Circa 1900 historic commercial building
  • Current home of the Juke Joint Festival central office
  • Existing tenant and immediate rental income
  • Retail and office space
  • Large Delta Avenue storefront and display windows
  • Brick exterior, TPO roof & central HVAC
  • Covered rear entrance
  • Potential for mixed-use configuration

The building sits beside a public courtyard and lighted pedestrian walkway connecting Delta Avenue to Sunflower Avenue. It is just steps from the Delta Blues Museum, Ground Zero Blues Club, and the music and attractions that make downtown Clarksdale a destination for visitors from around the world.

The property is part of an HOA shared with an adjoining retail space and four upstairs apartment units. The $500 monthly HOA fee includes property taxes, insurance, and maintenance of common areas, including the roof, simplifying several major ownership expenses.

Whether purchased as an investment with an established tenant or for a future commercial or mixed-use vision, 243 Delta Avenue offers an affordable opportunity to own a piece of historic downtown Clarksdale in the center of the city's blues and tourism district.

Presented by: 

Jones Luster 

Mossy Oak Properties, BRE 

2800 MLK Blvd 

Clarksdale, MS 38614 

Office: 662-624-8200

Cell: 662-902-7592

Email: jluster@mossyoakproperties.com

 

Additional Details

Home Details

Sq Ft: 2151
Half Baths: 1
Year Built: 1900
Stories: 1
Exterior Materials: Brick
Roof: Flat, Synthetic
Exterior Features: Lighting
Water Source: Public
Cooling: Central Air
Heating: Central

Additional Info

Road Frontage: City Street
Current Use: Commercial, Investment, Office, Retail
Possible Use: Commercial, Investment, Mixed Use, Office, Retail

Financial

Parcel ID: 391-23035000C-0000400
Listing Terms: 1031 Exchange, Cash, Conventional
HOA Fee (annually): $6,000
Legal Description: PORTION OF LOT 4 N 2 1/2 FT LOT 3 BLK C CLARKSDALE

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