121 Public Sq
Batesville, MS 38606
Retail Property For Sale

Excellent Investment Property with Four Great Rentals in Mint Condition! This beautiful building on the Batesville Square is home to Dale Copeland's Jewelry Store downstairs & a newly remodeled office space directly behind it with a kitchen and full bath, which could easily serve as an apartment instead. Upstairs there are two very nice one-bedroom apartments that have also been remodeled in recent years. The property has added appeal with walking distance to two great eateries ~ Honeybee Coffee Cupboard & Court Street Patio! The apartments all have refrigerators & stoves, but no washers & dryers are needed with Smith Cleaners AND Smith Coin Laundry just across the parking lot. The seller recently painted and put in new flooring in the apartments, and there's a super-high demand for nice residential rentals in Batesville. Roof & HVAC units were all recently replaced, too. Note: Dale Copeland Jeweler has been in business over 40 years and plans to be there for many years to come! Annual Taxes ~ $1,951 ~ At Current Rent Rates when Fully Rented, the NET Income (AFTER tax/insurance/water) is Over $24,000 Annually