Listing ID1302666
Price$160,000
StatusPending
Acres
1.340
CountyRankin
Property TypeCommercial Sale
Property Sub TypeRetail
1.341 acre lot on west side of Fannin Landing Circle-located between Fannin Landing public Boat Launch & Arbor Landing SDV- Perfect spot for Restaurant with access from street or water! Beautiful setting near upscale neighborhoods & located on the Ross Barnett Reservoir with Resort status. .251+- acres extends into the water of the Ross Barnett Reservoir. All public utilities are available to this site. Super opportunity! At this sales price, there would be a 60 year Lease that escalates every 5 years or the property can be purchased outright for a total price of $320,000-with no lease fee at all.
County
Rankin
Property Sub Type
Retail
Property Type
Commercial Sale
Zoning
General Commercial
Flooring
Other
Commercial Features: Frontage Feet
500
Exterior Construction/Siding
Other
Lot Features
Flag Lot, Level, Open Lot, Other, Views
Lot Size Range
1 to 5 Acres
Sewer
Aerobic Septic, Cesspool, Engineered Septic, Holding Tank, Mound Septic, See Remarks, Septic Needed, Shared Septic, Unknown
Directions to Property
On West side of Fannin Landing Circle between Public Boat Launch & Arbor Landing SDV.
Location
County Road, Other, Paved
Available Documents
Appraisal, Land Survey, Legal Description, Photographs
Commercial Features: Divisible
No
Current Use
Unimproved, Vacant
Divisible
No
Document Count
3
Commercial Features: Business Included
No
Flood Insurance
Unknown
Leasehold
yes
Leasehold Fee
11590
Leasehold Fee Increase
Yes
Listing Terms
Cash, Other, Private Financing Available
© 2022 United MLS (UMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of UMLS. Real estate listings held by IDX Brokerage firms other than Sperry CGA - JD Johnson Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the names of the listing brokers. Information deemed reliable, but not guaranteed. Listing courtesy of The Property Partners. Data last updated: Saturday, August 13th, 2022 at 12:04:47 PM.
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