Homestead Office Building - City of Madison

For Sale

118 Homestead Drive, Madison, MS 39110

This Madison property for sale is located at 118 Homestead Drive. The general use of Homestead Office Building - City of Madison is office and it incorporates 9,000 square feet of class B office space. The current listed sale price for Homestead Office Building - City of Madison is $1,395,000. Homestead Office Building - City of Madison is situated on a lot that is 1.3 acre in size.

Contacts

broker

Jon-David Johnson, CCIM

JDJ Realty

(601) 707-5555

Property Details

  • Property Type Office - General Office
  • Property Size 9,000 SF
  • Units 4
  • Lot Size 1.3 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2008
  • Date Updated Apr 26, 2024
Located just North of Hoy Road in Homestead Office Park off of Highway 51, City of Madison.+/-9,000SF multi-Tenant office building located in Homestead Office Park within the city of Madison. Very convenient location with easy access to Madison, Ridgeland and Gluckstadt, etc. via Hwy 51. The building is in very good condition, constructed new in 2008, and is situated on two lots (1.3 Acres). The first-floor space has a large common foyer with seating area and is currently divided into three suites. The second floor is fully leased to a single tenant but could be easily divided into multiple suites if desired. There are 34 spaces up front, the rear of the lot is partially wooded and is nicely landscaped. Great investment property, owner user or combination. The owner is currently replacing all of the metal roof screws and pipe boots, replacing facia wood as needed and staining the exterior wood. First floor lease rates are well below market rate providing the new owner with significant upside as leases renew.+/-4500SF office space for lease just north of Hoy Road in Madison. Very attractive building in a great location. Size and layout of the space is flexible dependent on tenant needs.

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Highlights

  • +/-9,000SF Multi-Tenant office building
  • Located in Homestead Office Park, Madison
  • Constructed new in 2008
  • Large double lot (1.3 acres) with 34 parking spaces
  • Great investment property, owner user, or combination.

Getting around

  • 26/100

    Walk Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Madison, MS
  • Neighborhood Madison
  • Zip Code 39110
  • Market Jackson

Points of Interest

  • Chevron

    0.62 miles

  • Fleetway

    1.01 miles

  • Texaco

    1.61 miles

  • Shell

    1.65 miles

  • Circle K

    2.24 miles

  • Texaco

    2.88 miles

  • Shell

    2.98 miles

  • Shell

    3.01 miles

  • Exxon

    3.05 miles

  • Shell

    3.06 miles

  • Methodist Parking Lot

    1.00 miles

  • Wilson Premier Hyundai

    3.23 miles

  • Parking Lot D

    6.73 miles

  • Parking Lot C

    6.89 miles

  • 武文杰

    0.77 miles

  • Courtyard Marriot

    2.03 miles

  • Hilton Garden Inn Jackson/Madison

    2.37 miles

  • Gluckstadt Inn

    3.09 miles

  • Super 8 by Wyndham Madison/Ridgeland Area

    3.12 miles

  • SpringHill Suites Jackson North/Ridgeland

    3.45 miles

  • Towneplace Suites Jackson Ridgeland/the Township At Colony Park

    3.46 miles

  • Hyatt Place Jackson/Ridgeland

    3.48 miles

  • Embassy Suites by Hilton Jackson - North/Ridgeland

    3.48 miles

  • Home2 Suites by Hilton Jackson/Ridgeland

    3.58 miles

  • Kroger

    0.70 miles

  • Walmart Supercenter

    1.82 miles

  • Kroger

    2.20 miles

  • Dillard's

    5.03 miles

  • JCPenney

    5.03 miles

  • Belk

    5.14 miles

  • Dillard's

    5.15 miles

  • Walmart Supercenter

    5.29 miles

  • Kroger

    7.29 miles

  • Whole Foods Market

    8.63 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jon-David Johnson, CCIM

JDJ Realty

(601) 707-5555