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117-121 N State St
Jackson, MS 39201
Office Property For Sale
Investment Highlights
- Prime corner location at North State, Amite, and Capitol streets in one of downtown Jackson's most historically significant commercial blocks
- Three-building offering (117, 119, and 121 North State Street): contiguous, elevator-served, party-wall brick buildings spanning basement to 3rd Floor
- Approximately 16,214 rentable square feet (18,652 SF gross, excluding basement)
- Existing tenancy provides current income, with available suites offering room for additional leasing upside
- Flexible fit for an investor, owner-occupant, or organization seeking a visible downtown presence
- Directly across North State Street from the Old Mississippi State Capitol and War Memorial Building
Executive Summary
At the corner of North State, Amite, and Capitol streets, this three-building commercial property stands within one of the most historically significant commercial blocks in downtown Jackson, directly across North State Street from the Old Mississippi State Capitol and War Memorial Building. The offering comprises 117, 119, and 121 North State Street (contiguous, elevator-served, party-wall brick buildings spanning basement through third floor) with a mix of stable, occupied small-suite office tenancy on the ground floor, a subdivided occupied suite on the second floor, and a distinctive multilevel suite extending across the second and third floors with access to a private rooftop area overlooking the Old Capitol, now vacant and available for immediate lease-up. Approximately 16,214 rentable square feet (18,652 SF gross, excluding basement) offers flexibility for an investor, owner-occupant, or organization seeking a visible downtown presence, with existing tenancy providing current income and available suites offering room for additional leasing.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
26,511 SF
Building Class
B
Year Built/Renovated
1924/2016
Price
$1,250,000
Price Per SF
$47.15
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,837 SF
Building FAR
2.95
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
Historic District
Property Taxes
| Parcel Number | 0033-0008-000 | Improvements Assessment | $58,514 |
| Land Assessment | $27,770 | Total Assessment | $86,284 |
Property Taxes
Parcel Number
0033-0008-000
Land Assessment
$27,770
Improvements Assessment
$58,514
Total Assessment
$86,284
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