1029 Hwy 51, Madison, MS 39110 (MLS# 4103229)
1029 Hwy 51, Madison, MS 39110
$5,505,000
Property Type:
Commercial Sale
Square Footage:
24,707
Lot Size (sq. ft.):
160,736
Status:
Closed
Current Price:
$5,750,000
List Date:
2/07/2025
Last Modified:
5/30/2025
Overview
Description
Located in the heart of Madison, one of Mississippi's fastest growing communities, Madison Market is a high-quality retail shopping center spanning 24,706 square feet. Built with SIPs construction and featuring a classic bricked exterior, this property offers strong curb appeal and flexible leasing configurations. Anchored by a diverse mix of local and national retailers, including El Ranchito, Subway, Hokkaido, Edward Jones, and others, the center benefits from steady foot traffic and established tenancy.
Positioned along Highway 51, a major commercial corridor with high daily traffic, the property enjoys excellent visibility and convenient access. Thoughtfully designed, the shopping center features beautiful landscaping, bronze garden sculptures and three decorative fountains, enhancing its overall aesthetic and appeal.
Listing Details MLS# 4103229
General Property Information
- Approx Lot Size Acres
- 3.69
- Approx H/C SqFt
- 24707
- SqFt Source
- Plans
- List Price/SqFt
- 232.73
- Year Built
- 2003
- Year Built Source
- Public Records
- Total Floors
- Yes
- Accessibility Features
- No
- Property Sub Type
- Retail
- New Construction
- No
Address and Location Information
- Street Number
- 1029
- Street Name
- Hwy 51
- County
- Madison
- State
- MS
- Zip Code
- 39110
- Nearest Cross Street
- Hwy 463 and Hwy 51
- Parcel Number
- 072c-08d-014/01.00
- Community Of
- N/A
Listing Information
- Property Sub Type
- Retail
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 59204.35
- Tax Year
- 2024
- Zoning
- C2
- Flood Insurance Required?
- No
- Leasehold Y/N
- No
- Legal Description
- LOT 1 MADISON MARKET
Status Change Info
- Contract Date/Pending Date
- 2025-02-27
- Closing Date
- 2025-05-30
- Sold Price/SqFt
- 222.81
Auction
- Auction
- No
More Information
Showing Requirements
- Showing
- Appointment Required
Basement Features
- Basement
- No
Remarks & Miscellaneous
- Public Remarks
- Located in the heart of Madison, one of Mississippi's fastest growing communities, Madison Market is a high-quality retail shopping center spanning 24,706 square feet. Built with SIPs construction and featuring a classic bricked exterior, this property offers strong curb appeal and flexible leasing configurations. Anchored by a diverse mix of local and national retailers, including El Ranchito, Subway, Hokkaido, Edward Jones, and others, the center benefits from steady foot traffic and established tenancy. Positioned along Highway 51, a major commercial corridor with high daily traffic, the property enjoys excellent visibility and convenient access. Thoughtfully designed, the shopping center features beautiful landscaping, bronze garden sculptures and three decorative fountains, enhancing its overall aesthetic and appeal.
Listing Office:
Overby, Inc.
Listing Agent:
Scott Overby
Last Updated: May - 30 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.