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Timothy Holmes

tim@coastcommonwealthhomes.com +1(228) 860-8681

$800,000

Est. payment - /mo

6,000 SqFt

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $133

Subdivision Metes And Bounds

MLS Listing ID 4149603

Year Built 2000

Annual Tax Amount $9,521

Lot Size 0.590 Acres

Acres 0.59

Property Sub-Type Business

Source MLS United

Property 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.

Location

State MS

County Perry

Interior

Heating Central

Cooling Central Air

Window Features Aluminum Frames,Double Pane Windows

Exterior

Parking Features Concrete

Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Underground Utilities

Roof Type Metal

Accessibility Accessible Parking

Garage No

Building

Foundation Block, Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Tax ID 049c-31-003.000

Virtual Tour https://www.propertypanorama.com/507-Front-Street-Richton-MS-39476/unbranded

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Listed by Wellhouse Real Estate

Nearby School & Business

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Timothy Holmes

+1(228) 860-8681

Commonwealth Quick Search

507 Front Street Richton, MS 39476

Timothy Holmes

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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