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310 E South St 1,800 SF Retail Building Hernando, MS 38632 $440,000 ($244.44/SF)


Executive Summary
LOCATION LOCATION LOCATION! RARE COMMERCIAL BUSINESS OPPORTUNITY in the heart of Hernando, zoned C2! Hernando Transmission Rebuilders has been in business for 20 years, and is currently an income producing active business. Where it sits now has been an automotive business since 1986! That's 37 years of customers visiting this location! Accredited an A+ RATING with the Better Business Bureau since 2/1/2009, this transmission shop could bring repeat customers for years to come! Hernando has an estimated population of 27,317 people(estimated 188,633 in Desoto County). That's up 4.5% since 2010! This Transmission shop boasts an 1800 SQ feet shop with 3 bays, an office space, and a half bath! The lot itself is 15,246 SQ FT!(Assessor). Get ready to start producing income because this shop is work ready! Entertaining 3 lifts (1) 10,000lb and (2) 7,000lb, snap on tools including an air compressor, and lots of transmission specialty tools. Stay cool in the hot summer months with the Portacool! This shop is being sold as a business so most tools will be included ( give or a take a few miscellaneous items that the seller is keeping.) The phone number will be sold with the business as well! If you are looking for an ideal place to conduct business, whether it be a transmission shop, tire shop, automotive repair shop, etc, then schedule a private showing with your agent to see what this shop has to offer. As this is an active business, the owner requests a 24 hour notice for any showing appointments.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,800 SF
Building Class
C
Year Built
1986
Price
$440,000
Price Per SF
$244.44
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.35 AC
Zoning
C-2 - Commercial Zoning
Parking
20 Spaces (11.11 Spaces per 1,000 SF Leased)
Frontage
111’ on Southern St
Amenities
- Fenced Lot
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 3074180030001002 | Improvements Assessment | $6,973 |
| Land Assessment | $4,595 | Total Assessment | $11,568 |
Property Taxes
Parcel Number
3074180030001002
Land Assessment
$4,595
Improvements Assessment
$6,973
Total Assessment
$11,568
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310 E South St
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