Southern Tooling Business 1421 Highway 125 S 10,058 SF Industrial Building Amory, MS 38821 $2,990,000 ($297.28/SF)

Prime opportunity to acquire a thirty-two year old Southern tooling business with a strong 3 year average of $468,506 of net income. Serves over 15 clients in a fifty mile radius. Property includes two industrial buildings of 5058+/- and 5000+/- square feet each built in 2000 and 2012. The buildings are constructed clear-span of pre-fab metal with 20 foot eave heights and pre-fab metal roof with skylights. The buildings are 50+/- feet wide and 100+/- feet long with two large drive-in doors 16' tall x 12' wide in each. Both buildings have 8' tall metal sheets on the interior walls, have three phase electric power, and have roof gutters and downspouts. There is a concrete storm shelter built in 2019. The older building contains offices, air-conditioning, and mostly LED lights. It has two restrooms, one with a shower, and a kitchen with a refrigerator and a stove. It also has a 12' x 12' drive-in door. The newer building has metal halide lights, and is stubbed out for 4 toilets and for air-conditioning.
There is gravel parking around each building. The property is 232 feet wide and 375.8 feet long with 607 feet of street frontage. There is an adjacent vacant lot of 0.87+/- acres that is negotiable with the package sale. It has 164.2 feet of street frontage and is 232 feet deep. The property taxes on it for 2024 were $171.67. The furniture and wall decorations inside the building are included in the building and land price of $399,000. There are over 200 pieces of equipment plus innumerable drill bits, chucks, clamps, cutters, dies, hand tools, etc. priced at $935,000. The CNC and Manual Machine Shop/Welding/Fabrication business itself, including inventory, but not the present accounts recievables, is offered for sale at $1,656,000 (in conjunction with the land and buildings and the furniture and equipment for a total of $2,990,000).