507 Front Street, Richton, MS 39476

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List Price
$800,000
Status
ACTIVE
Days on Market
132
MLS#
4149603
Subtype
Commercial Sale
Year Built
2000
Living Area
6,000
Lot Size
25,700
Acres
0.59
Subdivision
Metes And Bounds

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.

Additional Information

Taxes
$9,521
Stories
One
Roof
Metal

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Calculator source: Real Geeks

Listing courtesy of Parker B Thoms with Wellhouse Real Estate