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128 E Commerce St 12,168 SF Retail Building Aberdeen, MS 39730 $385,000 ($31.64/SF)



Investment Highlights
- Offered at approximately $31.64 per square foot
- ADA-accessible main level with two separate lower levels for meetings, back-office operations and storage
- 75 feet of East Commerce Street frontage with storefront visibility and building mounted signage
Executive Summary
Offered at $385,000, 128 East Commerce Street is a strong owner-user or redevelopment opportunity in downtown Aberdeen. Built in 1920, the property includes +- 6,417 SF on the main level, plus two separate lower levels totaling 5,751 SF, consisting of +- 3,784 SF and 1,967 SF. The building features a substantial brick structure with prominent storefront visibility and signage opportunities along East Commerce Street. The former bank includes a large lobby, open and private offices, conference rooms, five restrooms, three break rooms, two vaults and extensive storage. The property also offers rear access, shared parking and approximately 75 feet of frontage along East Commerce Street. C-1 zoning supports retail, professional office, public facility and other compatible downtown uses. Future bank use is prohibited.
Located in the heart of downtown Aberdeen, the property is near established retailers, City Hall and county and federal courthouses. As the Monroe County seat, Aberdeen draws regular government, legal and professional traffic from the surrounding area. The location also benefits from nearby Highway 45, regional employers and Aberdeen’s active Main Street program. East Commerce Street carries approximately 3,800 to 4,500 vehicles per day. Aberdeen’s economy is supported by regional manufacturing, the Port of Aberdeen and convenient access between Tupelo and Columbus.
Located in the heart of downtown Aberdeen, the property is near established retailers, City Hall and county and federal courthouses. As the Monroe County seat, Aberdeen draws regular government, legal and professional traffic from the surrounding area. The location also benefits from nearby Highway 45, regional employers and Aberdeen’s active Main Street program. East Commerce Street carries approximately 3,800 to 4,500 vehicles per day. Aberdeen’s economy is supported by regional manufacturing, the Port of Aberdeen and convenient access between Tupelo and Columbus.
Property Facts
Sale Type
Owner User
Property Type
Building Size
12,168 SF
Year Built
1920
Price
$385,000
Price Per SF
$31.64
Building Height
2 Stories
Building FAR
1.64
Lot Size
0.17 AC
Zoning
C-1 - C-1 Central Commercial District, supporting retail, professional office, public facility and other compatible downtown commercial uses
Frontage
75’ on East Commerce Street
Amenities
- Security System
- Signage
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 107M-35-004-003.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $56,121 |
Property Taxes
Parcel Number
107M-35-004-003.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$56,121
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